$1,300,000
$1,500,000
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30,090 SqFt
SOLD DATE : 03/22/2019
Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 30,090 sqft
Price per Sqft $43
MLS Listing ID 10022197
Sold Date 03/22/19
Year Built 1978
Annual Tax Amount $30,671
Tax Year 2017
Lot Dimensions 312X164X320X321X52
Property Sub-Type Mixed Use
Property Description
GREAT OWNER USER OR INVESTOR OPPORTUNITY ON ELGIN'S BUSY WEST SIDE! 30,000 SQ/FT. 2 STORY RETAIL/OFFICE BUILDING, ELGIN'S BROADEST COMMERCIAL ZONING...AB, 100 CAR PARKING LOT, TENANTS PAY THEIR OWN GAS,WATER & ELECTRIC WITH SEPARATE METERS FOR ALL 26 UNITS. 16 UNITS ARE CURRENTLY OCCUPIED WITH GOOD RENTAL INCOME AND 10 UNITS ARE READY FOR AN OWNER/USER AND MORE RENTAL INCOME. NEW ROOF IN 2017. THERE ARE 24...1000 SQ/FT. UNITS SOME OF WHICH HAVE BEEN COMBINED AND 2...1600 SQ/FT. UNITS. ALL UNIT HAVE SEPARATE METERED UTILITIES.
Location
State IL
County Kane
Area Elgin
Zoning COMMR
Interior
Cooling Central Air, Zoned
Flooring Varies
Fireplace N
Exterior
Roof Type Membrane
Building
Level or Stories 2
Structure Type Brick, Block, Wood Frame
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Bought with Gordon Gromer • RE/MAX Horizon
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "