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