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