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Luxury Flexible Professional Asset + Upside 1 American Way 8 445 pi² 25% Loué Immeuble de bureaux Vente à l’encan en ligne Elgin, IL 60120
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Faits saillants de l'investissement
- Welcome to One American Way, a two-story professional office renovated in 2023 with luxury finishes and prestigious tenant amenities.
- Comprising two professional condo units on each floor, partial occupancy provides rental income while luxury finishes boost leasing momentum.
- One American Way has historically accommodated a variety of professionals, from standard office administration to medical, flex, and finance.
- Located off I-90, less than an hour from Downtown Chicago, Chicago O’Hare, and Chicago Midway, supporting daily commuters and business travelers.
- Over a quarter of the 5-mile radius has attained a bachelor’s degree or higher level of education, showcasing a robust professional workforce.
- Elgin, a historic and scenic suburb outside of Chicago, runs along the Fox River with numerous landmarks and museums paying homage to its roots.
Résumé de l'annonce
The One American Way building stands tall with its two floors, offering a blend of modern amenities and functional spaces. The building primarily houses various offices and workspaces, designed to cater to the needs of its diverse occupants.
This solid brick building benefits from a prime location with 165 feet of frontage on Route 58 (Summit Street), just a few miles from Interstate 90. The building features an elevator and was renovated in 2023 with luxury finishes, including imported Italian floors, modern lighting, and elegant wall treatments. The property currently consists of four separate units: two lower-level units (approximately 1,500 to 2,000 square feet each) and two upper-level units (approximately 1,720 square feet each). The condo units can be combined to meet tenants' needs, and each unit has individual utilities. Common areas include ADA-approved restrooms on each level, ensuring accessibility for all tenants and visitors. Ample surface parking is also available. The tenant lounge is set to offer a sleek, contemporary design, plush furnishings, and ambient lighting (coming soon; please see renderings in media carousel).
Elgin, Illinois, is known for its vibrant culture and arts. The city hosts a diverse array of events, festivals, and concerts, from live performances at the Hemmens Cultural Center (2 miles) to the local art galleries. Elgin's dining scene features beloved local cafes and name-brand restaurants, and its shopping districts offer an array of boutiques, national retailers, and specialty shops. Cobbler Crossing, Summit Square, and the Golf and Waverly Shopping Center are all within immediate access of One American Way for tenants' after-work convenience.
Professional and business services firms form a significant component of Chicago's office-using employment base. Recent expansions by firms such as Bain & Co., PwC, Boston Consulting Group, and Medline highlight ongoing demand among corporate users. Chicago also hosts major corporate headquarters, including United Airlines, W.W. Grainger, Baxter, AbbVie, Northern Trust, and McDonald's. Chicago's median household income is approximately $87,000, about 12% above the national average.
Investors, don't miss the opportunity to acquire the One American Way building, tap into market-rate leasing momentum, and generate strong cash flow from recent CapEx already invested into the subject.
Property tours are by appointment only. Please contact the listing broker to schedule.
This solid brick building benefits from a prime location with 165 feet of frontage on Route 58 (Summit Street), just a few miles from Interstate 90. The building features an elevator and was renovated in 2023 with luxury finishes, including imported Italian floors, modern lighting, and elegant wall treatments. The property currently consists of four separate units: two lower-level units (approximately 1,500 to 2,000 square feet each) and two upper-level units (approximately 1,720 square feet each). The condo units can be combined to meet tenants' needs, and each unit has individual utilities. Common areas include ADA-approved restrooms on each level, ensuring accessibility for all tenants and visitors. Ample surface parking is also available. The tenant lounge is set to offer a sleek, contemporary design, plush furnishings, and ambient lighting (coming soon; please see renderings in media carousel).
Elgin, Illinois, is known for its vibrant culture and arts. The city hosts a diverse array of events, festivals, and concerts, from live performances at the Hemmens Cultural Center (2 miles) to the local art galleries. Elgin's dining scene features beloved local cafes and name-brand restaurants, and its shopping districts offer an array of boutiques, national retailers, and specialty shops. Cobbler Crossing, Summit Square, and the Golf and Waverly Shopping Center are all within immediate access of One American Way for tenants' after-work convenience.
Professional and business services firms form a significant component of Chicago's office-using employment base. Recent expansions by firms such as Bain & Co., PwC, Boston Consulting Group, and Medline highlight ongoing demand among corporate users. Chicago also hosts major corporate headquarters, including United Airlines, W.W. Grainger, Baxter, AbbVie, Northern Trust, and McDonald's. Chicago's median household income is approximately $87,000, about 12% above the national average.
Investors, don't miss the opportunity to acquire the One American Way building, tap into market-rate leasing momentum, and generate strong cash flow from recent CapEx already invested into the subject.
Property tours are by appointment only. Please contact the listing broker to schedule.
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Faits sur la propriété
Type de vente
Investissement
Condition de vente
Vente à l’encan
Types de propriétaire
Pleine propriété
Type de propriété
Bureau
Sous-type de propriété
Taille du bâtiment
8 445 pi²
Classe d’immeuble
C
Année de construction/rénovation
1988/2023
Pourcentage loué
25%
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
4 223 pi²
Coefficient d’occupation des sols de l’immeuble
0,32
Taille du lot
0,61 AC
Numéro de lot
06-07-302-066-0000
Zonage
B, Elgin - Business
Stationnement
35 places (4,14 places par 1 000 pi² loué)
Commodités
- Accès 24 heures
- Installations de conférences
- Affichage
- Accessible aux fauteuils roulants
- Éclairage accentué
- Chauffage central
- Conforme DDA
- Éclairage encastré
- Plafond suspendu
Assez practicable à pied
50/100
Exceptionnellement facile d'accès en voiture
90/100
Transports en commun limités
30/100
Assez praticable en vélo
30/100
Données démographiques
Données démographiques
1 mille
3 mille
5 mille
2025 Population
19 462
85 560
184 797
2020 Population
19 823
85 429
183 442
2030 Population
19 471
86 087
186 189
2025-2030 Croissance démographique prévue
0,1%
0,6%
0,8%
Employés de jour
2 865
26 054
90 307
Total des entreprises
436
2 630
8 305
Revenu moyen du ménage
94 129 $
100 954 $
109 692 $
Revenu médian par ménage
77 274 $
82 626 $
91 268 $
Dépenses de consommation totales
193,4 M$
905,2 M$
2,1 G$
Âge médian
36,5
37,6
39,3
2025 Ménages
6 190
28 343
63 466
Pourcentage diplôme collégial ou supérieur
11%
14%
17%
Valeur résidentielle moyenne
258 558 $
286 368 $
311 541 $
Valeurs en dollars américains
Conseiller(ère) en vente
Conseiller(ère) en vente
Jorge Trujillo, Real Estate Broker
While Jorge works throughout Lake County, his areas of expertise include Libertyville, Vernon Hills, Mundelein, Gurnee, Grayslake, Waukegan, North Chicago, Park City, Beach Park, Wadsworth, Zion, Lindenhurst, Lake Villa, Antioch, Round Lake, Round Lake Beach, Round Lake Heights, Round Lake Park, Hainesville, Ingleside, Wauconda, Ivanhoe, Long Grove, Morton Grove, and Lake Forest. Jorge has an in-depth knowledge of the local real estate market and is dedicated to helping clients find their next home.
À propos de la technologie des enchères
Les enchères de Ten-X représentent la technologie de transaction numéro 1 pour les transactions immobilières commerciales en ligne. Avec plus de 34 milliards de dollars en transactions totales, ces enchères utilisent une technologie de pointe et des données en temps réel sur les actifs afin de maximiser les chances de trouver l’acheteur idéal. Avec un processus d’enchères très rapide, une due diligence complète et la vérification des acheteurs, les transactions sont conclues deux fois plus vite et avec deux fois plus de fiabilité pour les courtiers, les propriétaires et les investisseurs.
En lire plus
Contact pour la vente à l’encan
Marlo Lashley
Contact
Permis de l’encanteur:
Ten-X Arlene Richardson RE Brkr 478027045
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Frais de transaction 3%
Basés sur le montant de l’enchère gagnante
Frais de transaction minimaux
20 000 $ USD
Frais de transaction maximaux
300 000 $ USD
Exemple de calcul
Montant de la mise gagnante
5 000 000 $ USD
Frais de transaction
150 000 $ USD (3%)
Prix d’achat total
5 150 000 $ USD
Présenté par
Luxury Flexible Professional Asset + Upside | 1 American Way
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Présenté par
Luxury Flexible Professional Asset + Upside | 1 American Way
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