Address
1070 Larkin Avenue, Elgin, IL
Price
$ 550,000
Property Attributes
- MLS#12018629
- TypeCommercial
- CountyKANE
- CityElgin
- AreaElgin
- Zip60123
- Style
- Year Built1976
- Taxes$ 11570
- Price$ 550,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5600
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Modern 2 story office building on main corridor. Building is divided into 4 office suites plus a finished basement with a 5th office pus some store rooms. There is also an older 3 bedroom 1.5 bath home with a basement all on the same lot. Suites are fully leased.
| Price History | |
|---|---|
| 4/4/2024 | Listed $550,000 |
General Features
| Cooling | Central Air |
|---|---|
| Possession | Tenant's Rights |
| Roof | Composition,Rubber |
| Zoning | COMMR |
| Construction Materials | Wood Frame |
| Year Built | 1976 |
| Electric | Circuit Breakers,Separate Meters |
| Tenant Pays | Air Conditioning,Electricity,Heat |
| Stories | 2 |
| Township | Elgin |
| Property SubType | Office |
| Tax Year | 2022 |
| Gross Income | 66900 |
| County | Kane |
| Net Operating Income | 36780 |
| Operating Expense | 30120 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | Randall to Foothill to Larkin or 90 to Rt 31 to Highland to Larkin. |
| City | Elgin |
| Total Units | 6 |
| MLS Area | Elgin |
| Street Name | Larkin |
| Tax Annual Amount | 11570 |
| Days on Market | 7 |
| Standard Status | Active |
| Property Type | Office/Tech |
Interior Features
| Street Suffix | Avenue |
|---|
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Building Area Total | 5600 |
| Lot Dimensions | 137X162 |
| Frontage Type | City Street |
| Exterior | Brick,Frame |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 60123
Price
Taxes
Visits
Year Built
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 19, 2024 6:45 AM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of May 19, 2024 6:45 AM UTC
