2130 Point BlvdElgin, IL 60123

Property Details for 2130 Point Blvd

Property type

Commercial real estate

APN

03-32-129-011

APU

332129011

Description

This exceptional Class A, single-story medical office building in Elgin, Illinois, presents a compelling investment opportunity. Located at 2130 Point Blvd, within the desirable Randall Point Executive Center, this 39,239 square foot property boasts 84.6% occupancy with three credit-rated medical tenants, including Fresenius and Action Behavior Centers. The building features four units and offers convenient access to I-90 via Randall Road, placing it minutes from Advocate Sherman Hospital. Built in 2005, the property sits on a 3.9-acre lot and provides ample parking (5 spaces per 1,000 sq ft). The current weighted average lease term (WALT) exceeds six years, with no tenant leases expiring before 2030, ensuring a stable income stream. This value-add opportunity allows for potential future growth and immediate cash flow. The property is zoned PORI and offers a compelling price per square foot of $158.01, with an asking price of $6,200,000. Kane County taxes apply. This is an ideal acquisition for investors seeking a stable, high-demand medical office asset with significant long-term potential.

Location Insight

City

Elgin

County

Kane

State

Illinois

Latitude

42.0795

Longitude

-88.3269

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].