This website uses "cookies" to ensure you get the best experience on our website. Using this website means you're OK with it.
Note
IL Department of Human Services & Dental Arts - Elgin, IL | Easy to Self-Manage - Only Two Tenants | New Five-Year Lease - IDHS; Dental Arts, 3 Years Remaining
Listing was updated at: 11/09/2018
Property Overview
Price/Rent PSF $ 1,150,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 10,752
Date Available 11/09/2018
Floors 2
Additional parameters Show
Search Demographic Data Explore financing options
Description

Location
Marcus & Millichap is pleased to present McLean Corporate Center, a two-story, multi-tenant, 9,562 rentable square foot office building located in Elgin, Illin ois. This asset was built in 1994 on 0.2 acres of land. It is currently 100 percent occupied by two medical tenants: Illinois Department of Health and Human Services and The 12 Group (Vitality Dental Arts). The all brick, elevator building has been maintained at a high standard. The parking lot was resealed and striped July 2018, and the roof and HVAC units are in good condition. There is zero deferred maintenance.

Illinois Department of Human Services (IDHS) has a been a tenant at this location since 2012. IDHS is one of Illinois' largest agencies, with more than 13,000 employees. IDHS recently exercised their option; five years are remaining on the existing lease term. The 12 Group, which also operates under the name Vitality Dental Arts, has two locations in Elgin. This organization primarily operates in the dental laboratories business within the health services s ector. This company has been operating for approximately 11 years with their headquarters directly next door at 462 North McLean . They purchased the building next door a few years ago and their rapid growth has triggered them to quickly outgrow their current facility. Their two locations are only steps apart. They have two years remaining on their three-year lease.

Elgin is easily accessible via State Street (US31), Randall Road and Interstate 9 0. Nestled along the banks of the Fox River, Elgin, Illinois is approximately 38 miles northwest of downtown Chicago and is home to over 112,000 people. Elgin is a unique community. Its progressive identity is anchored in its resilient history and strong, vibrant diverse community with a history of civic engagement . It offers urban with cultural, entertainment and recreational opportunities matched with conveniences of traditional suburban communities. It is fast becoming a destination for the arts. As they continue to revitalize the downtown area, more people are finding Elgin offers a way of life few other suburbs provide. The property is ideally located within 13 feet of Kimball Middle School and within one mile of Larkin High School.

Sale
Marcus & Millichap is pleased to present McLean Corporate Center, a two-story, multi-tenant, 9,562 rentable square foot office building located in Elgin, Illin ois. This asset was built in 1994 on 0.2 acres of land. It is currently 100 percent occupied by two medical tenants: Illinois Department of Health and Human Services and The 12 Group (Vitality Dental Arts). The all brick, elevator building has been maintained at a high standard. The parking lot was resealed and striped July 2018, and the roof and HVAC units are in good condition. There is zero deferred maintenance.

Illinois Department of Human Services (IDHS) has a been a tenant at this location since 2012. IDHS is one of Illinois' largest agencies, with more than 13,000 employees. IDHS recently exercised their option; five years are remaining on the existing lease term. The 12 Group, which also operates under the name Vitality Dental Arts, has two locations in Elgin. This organization primarily operates in the dental laboratories business within the health services s ector. This company has been operating for approximately 11 years with their headquarters directly next door at 462 North McLean . They purchased the building next door a few years ago and their rapid growth has triggered them to quickly outgrow their current facility. Their two locations are only steps apart. They have two years remaining on their three-year lease.

Elgin is easily accessible via State Street (US31), Randall Road and Interstate 9 0. Nestled along the banks of the Fox River, Elgin, Illinois is approximately 38 miles northwest of downtown Chicago and is home to over 112,000 people. Elgin is a unique community. Its progressive identity is anchored in its resilient history and strong, vibrant diverse community with a history of civic engagement . It offers urban with cultural, entertainment and recreational opportunities matched with conveniences of traditional suburban communities. It is fast becoming a destination for the arts. As they continue to revitalize the downtown area, more people are finding Elgin offers a way of life few other suburbs provide. The property is ideally located within 13 feet of Kimball Middle School and within one mile of Larkin High School.

Location

Are you sure you want to delete your listing

We recommend you archive listings rather than delete them, for future reference.

Can we add this to our comparable database?

Are you sure you want to archive your listing

Can we add this to our comparable database?

Please type your email and we'll send you the mail with all pdfs attached. You can also download each pdf from the list below.

Are you sure you want to delete your account

Are you sure you want to delete your account

Are you sure you want to delete your account

You are not registered or logged in.

You must be registered or signed in for this action.