1 AMERICAN Way Elgin IL 60120 MLS #MRD12097479

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Prime Freestanding Office/Medical/Flex Building – Modernized Luxury on Route 58 1 American Way, Elgin, IL 60120 8,728 SF | Office | Medical | Finance | Flex | Owner-User or Investment Opportunity Strategically positioned with 165 feet of frontage on high-traffic Route 58 (Summit Street), this impressive solid-brick commercial building offers exceptional visibility and accessibility. Originally built in 1988 and fully renovated in 2023, the property exudes modern elegance with high-end finishes throughout – including imported Italian flooring, designer lighting, and custom wall treatments. The two-story building comprises approximately 8,728 square feet, currently configured into four individual suites: Two upper-level suites: 1,720 SF each Two lower-level suites: 2,000 SF each Each unit features separately metered utilities, providing flexibility for single or multiple tenant configurations. Interior common areas are equipped with ADA-compliant restrooms on both floors and are accessible by a passenger elevator, ensuring convenience for all users. Highlights: Fully renovated in 2023 with luxury-grade finishes Elevator access to all levels Flexible floor plans – suites may be combined Individually metered units Ample on-site parking for staff and guests Ideal for medical, financial, professional office, or owner-user setups Excellent signage and visibility on Route 58 For full property details, photos, and virtual tour, visit: oneamericanway*com

Property Details

Price:
$997,000
MLS #:
MRD12097479
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
Elgin
Listed Date:
Jun 2, 2025
Total Sq Ft:
8,728
Lot Size:
26,120 sqft / 0.59 acres (approx)
Year Built:
1988
ElginElgin

Schools

Interior

Cooling
Central Air
Flooring
Marble

Exterior

Construction Materials
Brick
Roof
Composition

Financial

Net Operating Income
$106,561
Tax Year
2023
Taxes
$56,349

Listing Agent & Office

Luigui Corral
RE/MAX American Dream

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1 AMERICAN Way
Elgin, IL