Office Space
168 East Highland Avenue Elgin, IL 60120
Details & Description
Price: $5,530,000
    162-168 E Highland and 1 Douglas Avenue are two office buildings available for sale as a portfolio. 162-168 E Highland Avenue is a 79,642 SF, three-story, multi-tenant office building consisting of seven commercial spaces in which 5 are occupied and 2 occupied residential apartments. The building is 86.7% occupied. Located two  blocks away, 1 Douglas Avenue is a 29,857 SF, three story multi-tenant office building, consisting of four tenant spaces in which the building is 100% occupied.Both buildings encompass the rich history of Elgin and offer unique tenant finishes that can’t be replicated by todays modern construction.
    Listing Agents
    Adam Johnson

    O: 630-317-0729
    ajohnson@hiffman.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    168 East Highland Avenue

    Elgin, IL 60120

    No Longer Listed
    • 168 East Highland Avenue Elgin, IL 60120 | for Sale | Photo 1
    • 168 East Highland Avenue Elgin, IL 60120 | for Sale | Photo 2
    • 168 East Highland Avenue Elgin, IL 60120 | for Sale | Photo 3
    168 East Highland Avenue | for Sale | Thumbnail 1
    168 East Highland Avenue | for Sale | Thumbnail 2
    168 East Highland Avenue | for Sale | Thumbnail 3
    Price
    $ /mo
    Description

    162-168 E Highland and 1 Douglas Avenue are two office buildings available for sale as a portfolio. 162-168 E Highland Avenue is a 79,642 SF, three-story, multi-tenant office building consisting of seven commercial spaces in which 5 are occupied and 2 occupied residential apartments. The building is 86.7% occupied. Located two  blocks away, 1 Douglas Avenue is a 29,857 SF, three story multi-tenant office building, consisting of four tenant spaces in which the building is 100% occupied.

    Both buildings encompass the rich history of Elgin and offer unique tenant finishes that can’t be replicated by todays modern construction.

    Attachments & Files

    Elgin Area Market Trends

    Listing Demographics for 168 East Highland Avenue Elgin, IL 60120

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population24,594100,050177,653
    Population Median Age333638
    Population by Age0-9 Yrs3805 (15%)14474 (14%)24267 (13%)
    10-19 Yrs4335 (17%)14669 (14%)24524 (13%)
    20-29 Yrs3304 (13%)14130 (14%)21930 (12%)
    30-39 Yrs3885 (15%)14324 (14%)24300 (13%)
    40-49 Yrs2972 (12%)12380 (12%)23838 (13%)
    50-59 Yrs2850 (11%)12185 (12%)24231 (13%)
    60-69 Yrs2218 (9%)10257 (10%)19289 (10%)
    70+ Yrs1226 (4%)7631 (7%)15274 (8%)
    Median HH Income$52,812$63,312$77,912
    Total Household Income< 24K1675 (21%)5232 (15%)7824 (12%)
    25-49K1955 (25%)7798 (23%)11293 (18%)
    50-74K1363 (17%)5975 (18%)10069 (16%)
    75-99K1117 (14%)4984 (15%)8901 (14%)
    100-199K1331 (17%)7378 (22%)17550 (29%)
    200K+207 (2%)1523 (4%)4811 (7%)
    Highest Education LevelNo Diploma50821524519141
    Diploma or GED34201608328423
    Some College33761397725890
    Assoc. Degree86247609584
    Bachelors Degree1356895423109
    Higher Degree827476412010
    Total Housing Units8,29735,19163,780
    --Owner-Occupied3,68521,24944,318
    --Renter-Occupied3,96411,64216,130
    Owner-Occupied Values< 100K39623703452
    100-199K25861131816598
    200-299K537513514245
    300-399K12416286814
    400-499K225442033
    500K+182531176
    Total Working Age Population18,40876,959138,736
    In Work Force12,78252,56695,547
    Not In Work Force5,62724,39343,188
    Workforce Employed11,93749,49590,676
    Workforce Unemployed8443,0684,846
    Civlian Workforce12,78252,56395,522
    Military Workforce0425
    Total Households7,64932,89160,448
    Family Households5,24223,17443,846
    Non-Family Households2,4079,71716,601
    Married Couple3,27016,31733,616
    Other Family1,9726,85710,230
    Married w/Child1,7687,55914,614
    Single Male w/Child2569301,511
    Single Female w/Child8922,9044,078

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243
    DuPage County904,161+1916,924+101,010,323+21,034,039
    Kane County404,119+28515,269+22630,563+8679,403

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 168 East Highland Avenue in Elgin?
    The asking price for 168 East Highland Avenue is $5,530,000
    What is the building size of this Office property in Elgin, IL?
    The size of the building/unit at 168 East Highland Avenue in Elgin is 29,857 square feet
    What is the population within 1 mile of 168 East Highland Avenue in Elgin?
    The population within 1 mile of 168 East Highland Avenue Elgin, IL 60120 is 24,594 people.
    Who do I contact for questions about 168 East Highland Avenue?
    You should contact the listing agent, Adam Johnson, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    168 East Highland Avenue, Elgin, IL $5,530,000 29857 -
    574 North McLean Boulevard, Elgin, IL $752,000 8922 0.56
    1795 Grandstand Place, Elgin, IL $150,000 15000 0.92
    2385 Bowes Road, Elgin, IL $161,280 1792 -
    528 Market Loop Road, West Dundee, IL $385,000 4160 0.35
    Liberty Street West & Washington Street North, Rome, NY $540,000 60000 1.63
    120 - 130 Washington St, West Dundee, IL $849,000 5711 -
    460 Briargate Drive, South Elgin, IL $850,000 15430 1.48
    460 Briargate Drive, South Elgin, IL $549,000 15430 1.48
    403 West Irving Park Road, Streamwood, IL $750,000 11147 2

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago O'Hare International Airport (ORD) 20
    Chicago Midway International Airport (MDW) 32
    Chicago Rockford International Airport (RFD) 43