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2250 Point Blvd
Elgin, IL 60123
2250 Point Blvd · Bureau Propriété À vendre
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Faits saillants de l'investissement
- Approximately ±80,000 SF multi-tenant office building located in Elgin, within the Chicago MSA.
- Regus occupies approximately 11,000 SF on the third floor with a lease term through 2034.
- Recently renovated asset, originally constructed in 1999 and updated in 2023.
- Established tenancy with about 40% occupancy and stable income from 15 tenants.
- Significant upside with ±48,000 SF available for immediate lease-up.
- Accessible suburban location near I-90 and Randall Road with over 40,000 nearby residents and strong local amenities.
Résumé de l'annonce
2250 Point Executive Corporate Center offers a compelling value-add investment opportunity within the Chicago MSA. This ±80,000 SF multi-tenant office asset benefits from established tenancy, with approximately 40% occupancy across 15 tenants, ensuring steady income while providing considerable upside through additional lease-up. A long-term credit tenant, Regus, anchors the property with a lease in place through 2034, creating stable income and exposure to the growing flexible office segment.
Positioned on a highly accessible site near I-90 and Randall Road, the property offers proximity to a strong regional employment base and an affluent suburban demographic. The building has undergone recent renovations in 2023 and includes a conference facility, modern common areas, two passenger elevators, and nearly 300 surface spaces. Approximately 48,000 SF remains available for lease, representing significant potential for income growth and enhanced asset value.
The property’s suburban Elgin location combines convenience and connectivity, with direct access to major highways, a broad labor force, and an extensive amenities network. For investors seeking an office asset with in-place income, modernization, and strategic upside, 2250 Point Blvd presents a highly competitive acquisition prospect.
Positioned on a highly accessible site near I-90 and Randall Road, the property offers proximity to a strong regional employment base and an affluent suburban demographic. The building has undergone recent renovations in 2023 and includes a conference facility, modern common areas, two passenger elevators, and nearly 300 surface spaces. Approximately 48,000 SF remains available for lease, representing significant potential for income growth and enhanced asset value.
The property’s suburban Elgin location combines convenience and connectivity, with direct access to major highways, a broad labor force, and an extensive amenities network. For investors seeking an office asset with in-place income, modernization, and strategic upside, 2250 Point Blvd presents a highly competitive acquisition prospect.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Bureau
Sous-type de propriété
Bureau résidentiel
Taille du bâtiment
80 322 pi²
Classe d’immeuble
A
Année de construction/rénovation
1999/2023
Pourcentage loué
40%
Location
Multiples
Hauteur du bâtiment
4 étages
Superficie de plancher typique
20 355 pi²
Dalle à dalle
11’
Coefficient d’occupation des sols de l’immeuble
0,44
Taille du lot
4,21 AC
Zonage
ORI - Bureau Recherche Industrielle
Stationnement
297 places (3,65 places par 1 000 pi² loué)
Commodités
- Installations de conférences
- Service d'alimentation
- Affichage
Impôts fonciers
| Numéro de lot | 03-29-351-028 | Évaluation des bâtiments | 1 117 068 $ CAD |
| Évaluation du terrain | 525 680 $ CAD | Évaluation totale | 1 642 749 $ CAD |
Impôts fonciers
Numéro de lot
03-29-351-028
Évaluation du terrain
525 680 $ CAD
Évaluation des bâtiments
1 117 068 $ CAD
Évaluation totale
1 642 749 $ CAD
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