450 Dundee AveEast Dundee, IL 60118

For Lease
$19.95/SF/YR

4,400 SF Office, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 4,400 square foot commercial space is ideally situated adjacent to the Elgin Mall in the Randall Rd. submarket. The property boasts a Class A rating, single tenancy, and is part of a larger 25,335 square foot building on a 5.5-acre lot. The building features a high ceiling and an existing coin laundry, complete with all plumbing and mechanicals in place. The current owner is willing to remove the laundry equipment to accommodate other retail or service-based businesses. The property offers ample parking with 500 spaces, recently striped and sealed. Its prime location within the high-traffic River Valley Square shopping mall ensures excellent visibility and accessibility. The site benefits from its proximity to downtown Elgin and the river, as well as the high traffic volume of Route 72 and Route 25 (over 41,000 vehicles daily). Further enhancing its appeal are its proximity to Historic Downtown East Dundee and the presence of over 254 apartment units within a two-mile radius. The property is zoned for Retail/Office use and enjoys the benefit of low Kane County taxes. This presents a unique opportunity for businesses seeking a high-visibility location with substantial parking and existing infrastructure. The single-story building offers flexibility for a variety of uses, including traditional office, executive office, coworking, medical office, or creative office spaces. The property's strategic location and amenities make it an attractive investment opportunity.

Highlights

  • 4,400 SF of vacant space available in a Class A, single-tenant retail/office building.
  • Building totals 25,335 SF on 5.5 acres, with 500 parking spaces.
  • Located adjacent to Elgin Mall in the Randall Rd. submarket, offering high visibility and traffic counts exceeding 41,000 vehicles daily.
  • Features an existing coin laundry, with all plumbing and mechanicals in place; owner willing to remove for suitable tenants.
  • Excellent location near downtown Elgin, the Fox River, and I-90 (3 miles).

Property Details for 450 Dundee Ave

Property type
Other specialty properties, Other retail properties
RSF (Rentable sq. ft)
25,335 SF
Class
A
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
4,400 SF
Rate per SF
$19.95

Location Insight

City
East Dundee
County
Kane
State
Illinois
Latitude
42.097048416399
Longitude
-88.259185092493
450 Dundee Ave, East Dundee, Illinois

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450 Dundee Ave
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