$2,200,000
Est. payment /mo
5 Beds
2 Baths
49,299.44 Acres Lot
New
24 N Airlite ST Elgin, IL 60123
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12709330
Bedrooms 5
Annual Tax Amount $7,524
Tax Year 2025
Lot Size 49299.441 Acres
Lot Dimensions 100x299.6
Property Sub-Type Two to Four Units
Property Description
This duplex is to be taken down. This parcel has been approved for 20 two bedroom apartments with 38 garages underneath. all electric apartments. Elevator to 3 floors . underground detention system already installed. It took 6 years to rezone to a planned unit development. All architectural prints have been approved. This is a 3 story building about 34248 sq ft. with garages. Extra storage in the garages. Civil engineering and electric engineering done.Bids are in and ready for new owner. permits to start are waiting. Plans are available. Monthly income for this new building should be $50000 a month or more. call with all questions.
Location
State IL
County Kane
Area Elgin
Rooms
Basement Unfinished, Cellar, Exterior Entry, Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Frame,Block, No
Sewer Public Sewer, Storm Sewer
Water Public
Structure Type Frame,Block
New Construction false
Schools
School District 46 , 46, 46
Others
Ownership Fee Simple
Special Listing Condition Exceptions-Call List Office
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Listed by Joan Junod of Millennium
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