23 DOUGLAS Avenue Active

Elgin,IL 60120

$ 425000

- Bed

- Bath

3284 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,284 sqft

Price per Sqft $129

MLS Listing ID 11919596

Year Built 1920

Annual Tax Amount $7,909

Tax Year 2023

Lot Dimensions 23X73

Property Description

THIS IS A HANDSOME HISTORIC BRICK BUILDING IN DOWNTOWN ELGIN, SUITABLE FOR A MIX OF USES. FIRST FLOOR TOTALS 1642 SQ.FT, THE SECOND FLOOR IS APPROXIMATELY 1330 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. IT IS POSSIBLE TO MODIFY THE SECOND STORY FOR A TOTAL OF 1642 SQ.FT. TO ACCOMODATE MORE OFFICE/RETAIL SPACE OR FOR 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.

Location

State IL

County Kane

Zoning COMMR

Interior

Cooling Central Air,Zoned

Flooring Carpet,Tile,Wood

Fireplace N

Exterior

Utilities Available Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal,Water to Site

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick

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