The Medical & Legal Arts Building in South Elgin, Illinois, is a multitenant medical and professional building which provides a unique opportunity for an investor to purchase a long-term, in-place income stream.
The Class A medical office building has strong medical & professional tenancies, including a 15 year lease with a national well-capitalized daycare occupying the first floor of the building.
First-class 97% occupied mixed use Medical and Business office property. The tenant base contains credit solid local and nationally recognized businesses.
Newly paved ample parking areas, tasteful fully irrigated landscaping, brick enclosed waste receptacle areas, upgraded fire alarm and computerized HVAC systems with M-13 filtration, are just some of the hallmarks of this rarely available property.
The building is located directly across from the South Elgin & Countryside Fire Protection District Fire and EMS Station, and within site of the North South Corridor for retail on Randall Road.