SQUARE FEET8,728
MLS#12097479
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
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 Features
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.59 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $56,349
Year Built: 1988
Feature Descriptions
Current Use: Medical/Dental
Drains: Fire Escape
Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Smoke or Fire Protectors
Flooring: Marble
Frontage Type: City Street
HVAC: Forced Air, Gas
Lot Dimensions: 161 X 164
Miscellaneous Outdoor: Fire Escape
Number of Tenant(s): 1
Parcel#: 06073020660000
Parking: 31-50 Spaces
Potential Use: Commercial, Office, Retail, Single Room Occupancy
Tenant Pays: Common Area Maintenance, Electricity, Heat, Taxes
Units: 4
Listed By / Shown By
Listed By
Agency Name: RE/MAX American Dream
Agency Phone: 847-495-5555
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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1 American Way | MLS# 12097479
This commercial property located at 1 American Way, Elgin, IL 60120 is currently listed for sale with an asking price of $898,000. Search Elgin real estate on www.bhhscrosby.com today.