Office Space / Illinois / Elgin / 60120 / 168 East Highland Avenue

168 East Highland Avenue

Q: What is the asking price for 168 East Highland Avenue in Elgin?

The asking price for 168 East Highland Avenue is $5,530,000

Q: 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.

Q: What is the population within 1 mile of 168 East Highland Avenue?

The population within 1 mile of 168 East Highland Avenue Elgin, IL 60120 is 24,594 people.

Q: 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.

Elgin, IL 60120

Listing ID: 252169

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Building Size: 29,857 SF

Lot Size: --

Land Size: --

Building $/SF: $185.22

Land $/SF:

Price

$5,530,000

Property Highlights

Both buildings are within walking distance to downtown amenities and Elgins METRA station.

Average weighted remaining lease term approximately 2.35 years

Diverse Tenant Roster allows for lower volatility of Lease Roll

Average tenant occupancy in building is over 8.5 years.

Excellent access to I-90 via Full Interchange at Route 31

Well leased at 89.8, providing significant cash flow

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

elginofficebuildings-brochure-2L5-Bqa.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Naperville History of Office Space for Sale

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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 Population		24,594	100,050	177,653
Population Median Age		33	36	38
Population by Age	0-9 Yrs	3805 (15%)	14474 (14%)	24267 (13%)
	10-19 Yrs	4335 (17%)	14669 (14%)	24524 (13%)
	20-29 Yrs	3304 (13%)	14130 (14%)	21930 (12%)
	30-39 Yrs	3885 (15%)	14324 (14%)	24300 (13%)
	40-49 Yrs	2972 (12%)	12380 (12%)	23838 (13%)
	50-59 Yrs	2850 (11%)	12185 (12%)	24231 (13%)
	60-69 Yrs	2218 (9%)	10257 (10%)	19289 (10%)
	70+ Yrs	1226 (4%)	7631 (7%)	15274 (8%)

Median HH Income		$52,812	$63,312	$77,912
Total Household Income	< 24K	1675 (21%)	5232 (15%)	7824 (12%)
	25-49K	1955 (25%)	7798 (23%)	11293 (18%)
	50-74K	1363 (17%)	5975 (18%)	10069 (16%)
	75-99K	1117 (14%)	4984 (15%)	8901 (14%)
	100-199K	1331 (17%)	7378 (22%)	17550 (29%)
	200K+	207 (2%)	1523 (4%)	4811 (7%)

Highest Education Level	No Diploma	5082	15245	19141
	Diploma or GED	3420	16083	28423
	Some College	3376	13977	25890
	Assoc. Degree	862	4760	9584
	Bachelors Degree	1356	8954	23109
	Higher Degree	827	4764	12010

Total Housing Units		8,297	35,191	63,780
--Owner-Occupied		3,685	21,249	44,318
--Renter-Occupied		3,964	11,642	16,130
Owner-Occupied Values	< 100K	396	2370	3452
	100-199K	2586	11318	16598
	200-299K	537	5135	14245
	300-399K	124	1628	6814
	400-499K	22	544	2033
	500K+	18	253	1176

Total Working Age Population		18,408	76,959	138,736
In Work Force		12,782	52,566	95,547
Not In Work Force		5,627	24,393	43,188
Workforce Employed		11,937	49,495	90,676
Workforce Unemployed		844	3,068	4,846
Civlian Workforce		12,782	52,563	95,522
Military Workforce		0	4	25

Total Households		7,649	32,891	60,448
Family Households		5,242	23,174	43,846
Non-Family Households		2,407	9,717	16,601
Married Couple		3,270	16,317	33,616
Other Family		1,972	6,857	10,230
Married w/Child		1,768	7,559	14,614
Single Male w/Child		256	930	1,511
Single Female w/Child		892	2,904	4,078

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Cook County	5,376,741	-3	5,194,675	+10	5,707,832	+5	5,990,243
DuPage County	904,161	+1	916,924	+10	1,010,323	+2	1,034,039
Kane County	404,119	+28	515,269	+22	630,563	+8	679,403

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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
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
1 Bode Road, Streamwood, IL	$7,750,000	112700	8.79

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