$1,000,000
$1,200,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
15,840 SqFt
SOLD DATE : 11/30/2023
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 15,840 sqft
Price per Sqft $63
MLS Listing ID 11683987
Sold Date 11/30/23
Year Built 1897
Annual Tax Amount $20,779
Tax Year 2022
Lot Dimensions 100X100
Property Sub-Type Mixed Use
Property Description
Truly remarkable building in Elgin's Downtown Historic District. This building was completely updated in the early 2000's, including an elevator and all separate utilities for the units. Total square footage of 15,840, not including basement level. There are 5 units: A first floor restaurant space, a first floor office space, a second floor co-working office space, a basement level restaurant space and a third-floor luxury residential home. The penthouse home is the most elegant loft home you will find in Elgin. 3960 SF in size featuring a huge Great Room with 19' ceilings, a gourmet Kitchen and a full roof deck overlooking downtown. Separate 3rd BR and Bath could be a terrific Airbnb. 1st Floor Restaurant space is ready for the next user. Basement restaurant space is large enough to include party room uses and includes a fully equipped commercial Kitchen. Thriving shared work space office (ETC) is currently rented. Dedicated parking behind the buildings via alley and located just steps away from the ground level City owned free parking lot. Bring your business and/or yourself to live-work in this fabulous building.
Location
State IL
County Kane
Area Elgin
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 3
Structure Type Brick
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Bought with Ayman Mryan • Real People Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "