Views
Address
23 DOUGLAS Avenue, Elgin, IL
Price
$ 435,000
Property Attributes
  • MLS#11919596
  • TypeCommercial
  • CountyKANE
  • CityElgin
  • AreaElgin
  • Zip60120
  • StyleCommercial
  • Year Built1920
  • Taxes$ 7909
  • Price$ 435,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3284
  • Lot Size1,679 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

THIS IS A HANDSOME HISTORIC BRICK BUILDING IN DOWNTOWN ELGIN, SUITABLE FOR A MIX OF USES. TWO FLOORS TOTAL 3284 SQ/FT, PLUS THERE IS ANOTHER 1500 SQ.FT. IN A FULLY FINISHED BASEMENT, WHICH HAS A SEPARATE STREET ACCESS. THE SPACE IS CURRENTLY BUILT OUT AS A PROFESSIONAL OFFICE, BUT A MIX OF RETAIL, OFFICE, AND MAYBE RESIDENTIAL IS A POSSIBILITY. THERE ARE FOUR LEVELS OF USEABLE SPACES. IT IS POSSIBLE TO MODIFY THE SECOND STORY IN ORDER TO ACCOMMODATE A RESIDENTIAL UNIT. THERE IS EXCELLENT VISIBILITY ON THE CORNER OF HIGHLAND AND DOUGLAS AVENUES, A HIGH-TRAFFIC AREA IN DOWNTOWN ELGIN. A SIZEABLE, FREE, CITY PARKING LOT IS LOCATED KIDDIE-CORNER TO THIS SITE. THE BUILDING HAS BEEN UPGRADED WITHIN THE LAST FOUR YEARS WITH A NEW ROOF, NEW WINDOWS, FURNACE, A/C, AND EXTERIOR PAINTING. THIS LOCATION COULDN'T BE ANY BETTER FOR A DOWNTOWN ADDRESS, AS IT IS IN THE CENTER OF EVERYTHING. CITY GRANTS ARE POSSIBLE FOR FACADE IMPROVEMENTS AND ADA ITEMS. MAKE SURE TO VIEW THE RENDERING PDF IN THE ADDITIONAL DOCUMENT PULL-DOWN MENU. IT SHOWS WHAT MIGHT BE POSSIBLE IF A NEW OWNER WANTS TO RESTORE THE EXTERIOR.

Price History
11/2/2023 Listed $445,000
2/24/2024 3% - $435,000

General Features

Cooling Central Air,Zoned
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1920
Electric Circuit Breakers
Tenant Pays Air Conditioning,Electricity,Heat,Janitorial Service,Taxes,Sewer
Stories 2
Township Elgin
Property SubType Apts/Ofc/Store,Ofc/Store
Tax Year 2023
Current Use Commercial
County Kane
Property Type Commercial Sale
Possible Use Commercial,Office and Research,Retail
Status Active
Directions SOUTHEAST CORNER OF HIGHLAND AND DOUGLAS AVENUES IN DOWNTOWN ELGIN
City Elgin
Total Units 2
MLS Area Elgin
Lot Size Square Feet 1679
Street Name DOUGLAS
Tax Annual Amount 7909
Additional Parcels Y/N No
Days on Market 195
Standard Status Active
Property Type Mixed Use

Interior Features

Flooring Carpet,Tile,Wood
Street Suffix Avenue

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 3284
Lot Dimensions 23X73
Frontage Type City Street
Exterior Brick

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 60120

Price
AVG $1.52M
$440K
Taxes
AVG $22,139
$7,909
Visits
AVG 182
168
Data Provided by Inside Real Estate®
Year Built
AVG 1930
1920
Walkscore
AVG 87
92
Data Provided by Walkscore® not using MLS data

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