Elgin, IL 60120 23 DOUGLAS Avenue
$375,000



19 more




















Presented By: Real People Realty
Home Details
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.
Presented By: Real People Realty
Interior Features for 23 DOUGLAS Avenue
Other Interior Features
FlooringCarpet, Tile, Wood
General for 23 DOUGLAS Avenue
Additional Parcels Y/NNo
CityElgin
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air, Zoned
CountyKane
Current UseCommercial
DirectionsSOUTHEAST CORNER OF HIGHLAND AND DOUGLAS AVENUES IN DOWNTOWN ELGIN
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
Lot Size Square Feet1679
MLS AreaElgin
ModificationTimestamp2025-05-16T14:42:01.669Z
Net Operating Income
Number Of Units Total2
Operating Expense0
PossessionClosing
Possible UseCommercial, Office, Retail
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories2
Tax Annual Amount7909
Tax Year2023
Tenant PaysOther
TownshipElgin
Trash Expense0
UtilitiesElectricity Available, Natural Gas Available, Sewer Connected, Water Available
Water Sewer Expense0
Year Built1920
ZoningCOMMR
Exterior for 23 DOUGLAS Avenue
Building Area Total3284
BuyerOfficeFax(847) 257-0889
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions23X73
Water SourceMunicipal Water
Additional Details
Price History
