Eco Friendly
Address
53-63 Douglas Avenue, Elgin, IL
Price
$ 1,100,000
Property Attributes
  • MLS#12031737
  • TypeCommercial
  • CountyKANE
  • CityElgin
  • AreaElgin
  • Zip60120
  • Style
  • Year Built1889
  • Taxes$ 20676
  • Price$ 1,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15495
  • Lot Size7,841 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

12 Units total on this iconic 3-Story Victorian Building. Originally known as the "McBride" building. Nicely updated and beautifully restored offices and store fronts. Many original features such as interior brick walls, tin ceilings, high ceilings and much more. Elevator building. Updated energy efficient floor to ceiling windows. Updated HVAC. This property is centrally located with City parking directly across the street and walking distance to Metra and Pace Bus. Retail spaces are fully leased. Some 2nd floor office space is available currently. This building would make great owner occupant space or investment property.

Price History
4/17/2024 Listed $1,100,000

General Features

Cooling Central Air
Zoning COMMR
Construction Materials Brick
Year Built 1889
Electric Circuit Breakers
Tenant Pays Varies by Tenant
Stories 3
Township Elgin
Property SubType Mixed Use
Tax Year 2022
Gross Income 107316
County Kane
Net Operating Income 95928
Operating Expense 48036
Insurance Expense 4860
Property Type Commercial Sale
Status Active
Directions Route 31 to Kimball St. East to Douglas,N. to property
City Elgin
Total Units 12
MLS Area Elgin
Lot Size Square Feet 7841
Street Name Douglas
Tax Annual Amount 20676
Electric Expense 6000
Fuel Expense 9000
Trash Expense 1680
Water Sewer Expense 2000
Additional Parcels Y/N No
Days on Market 7
Lease Type Gross
Standard Status Active
Property Type Mixed Use

Interior Features

Street Suffix Avenue

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 15495
Lot Dimensions 100X78
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 60120

Price
AVG $1.5M
$1.1M
Taxes
AVG $21,562
$20,676
Visits
AVG 214
10
Data Provided by Inside Real Estate®
Year Built
AVG 1928
1889

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