Elgin IL Commercial for Sale

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Type:
Office
Sq.Ft.:
27,066
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
12204250

ADDITIONAL INFORMATION

One of the most prominent buildings in Downtown Elgin. Fronts on Riverside Dr. overlooking the Fox River and fronts on Grove Ave. Adjacent to street level City parking lots and Festival Park to the South. This building has multiple users, including Restaurant/Bar, Event space, Entertainment and Office. The building has been modernized and there have been numerous recent improvements, including a new concrete basement floor with waterproofing, New roof on 80 S. Grove in '18, tuckpointing complete South side of building, 8 newer HVAC's. Possibilities are limitless with this property. High upside potential in rental income by increasing occupancy.

Type:
Mixed Use
Sq.Ft.:
6,344
Status:
Active
Beds:
n/a
Year built:
1880
Baths:
MLS#:
12199122

ADDITIONAL INFORMATION

The "Galleria on North Grove" is available for sale along with the building to the North and the parking lot between the two buildings! This iconic Historic building is both visually stunning and is in excellent condition. Both buildings have been mechanically updated and fully modernized. The first floor of 25-27 Grove is leased to a tavern and the second floor is available for lease. Second floor can be two separate spaces. Second floor is currently office type use but could be converted to residential. 17 N. Grove first floor is leased to a salon and the second floor is a residential apartment. This is a one of kind opportunity to own two highly recognizable and visible properties in downtown Elgin along with a dedicated parking lot. Situated across from a large City parking lot and the Post Office/City Hall. Walking distance to Metra, Bus Station, Bike Trail, Restaurants, Shopping and all that downtown Elgin has to offer.

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1976
Baths:
MLS#:
12156199

ADDITIONAL INFORMATION

HUGE POTENTIAL !! This location is ideal for so many possibilities, this is a total rehab! Amazing beautiful floors, new paint, new drywall, this is the ideal location to start your business. Pet shop, store, realty office etc. Parking for 10 to 12 cars. Brand new furnace with manufacturers warranty! This one wont last. Beautiful deck in the front, and tons of parking for your clients. One full bath in basement and one full bath upstairs. There is over 1,200 sq. ft. Brand new carpet downstairs. Easily accessible. Corner PREMIUM lot of Villa and Peck, great exposure for your future business! Easy access for Rt 20.

Type:
Office
Sq.Ft.:
3,500
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
12113203

ADDITIONAL INFORMATION

One of Elgin's Finest Historical Vintage Buildings. Built in the Late 1800's! At it's Origin, One of Elgin's Finest Jewelry Retail Stores. Located in the Heart of Downtown Elgin, a Block Away from the Fox River & New Riverwalk, Train and Bus Stations a 1/2 Block Away from the Free Public Parking Garage. 3 Blocks from City Hall, State of the Art Library & Elgin Park & Recreation Center. The Building Features Over 3,000sq ft of Office Space, 5 Private Office, 2 Conference Rooms, Enough Space for 12 to 14 Cubicle Spaces, An Unfinished Dry Basement for File Storage and 6 Private Parking Spaces in Back. Currently Owner Occupied. This is a Must See Building, You WON'T Be Disappointed!

Type:
Mixed Use
Sq.Ft.:
1,594
Status:
Active
Beds:
n/a
Baths:
MLS#:
12048476

ADDITIONAL INFORMATION

Exceptional commercial property in the heart of Elgin. Currently utilized as a church (zoned CF - community facility), this property offers a prime opportunity for a variety of uses, including finance, insurance, real estate offices, and schools and educational services. The main floor has an open meeting area (27x38),currently used as a sanctuary, with 10' ceilings, a small AV room, an office space and a classroom area (12X18). The lower level features an open kitchen, recreation area and two bathrooms, all adding to its functionality. Central air and gas/forced air heating. The building is currently exempt from taxes. Large, fully fenced, corner lot.

Type:
General Commercial
Sq.Ft.:
3,284
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
11919596

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Elgin Real Estate

The median home value in Elgin, IL is $264,200. This is lower than the county median home value of $310,200. The national median home value is $338,100. The average price of homes sold in Elgin, IL is $264,200. Approximately 67.56% of Elgin homes are owned, compared to 28.95% rented, while 3.49% are vacant. Elgin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elgin real estate agent to arrange a tour today!

Elgin, Illinois 60120 has a population of 114,156. Elgin 60120 is less family-centric than the surrounding county with 34.44% of the households containing married families with children. The county average for households married with children is 36.28%.

The median household income in Elgin, Illinois 60120 is $79,757. The median household income for the surrounding county is $88,935 compared to the national median of $69,021. The median age of people living in Elgin 60120 is 35 years.

Elgin Weather

The average high temperature in July is 84.6 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 37.9 inches per year, with 32.6 inches of snow per year.

Elgin Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    97
    30-day change

Elgin Schools and Demographics

Education near Elgin, IL

Metric City County
High School Graduates 80.28 86.03
College Degree - 2 year 8.56 7.3
College Degree - 4 year 26.02 35.97
Graduate Degree 7.76 10.1
Expenditures per Student 17,588 17,588
Students per Teacher 14.4 14.4

Elementary Schools near Elgin, IL

School Grades Students P/T Ratio ZIP
Bartlett Elementary School KG - 06 556 22.4 60103
Century Oaks Elementary School KG - 06 548 19.1 60123
Channing Memorial Elementary School KG - 06 622 20.5 60120
Coleman Elementary School KG - 06 569 23.3 60120
Creekside Elementary School PK - 06 659 19.7 60123
Garfield Elementary School PK - 06 424 19.9 60120
Glenbrook Elementary School KG - 06 540 19.8 60107
Harriet Gifford Elementary School KG - 06 541 20 60123
Hillcrest Elementary School KG - 06 652 23.5 60123
Hilltop Elementary School KG - 06 671 20 60120
Huff Elementary School PK - 06 655 20.4 60120
Liberty Elementary School KG - 06 733 20.7 60103
Lincoln Elementary School KG - 06 648 21.4 60192
Lords Park Elementary School KG - 06 756 23.2 60120
McKinley Elementary School KG - 06 407 20.9 60120
Nature Ridge Elementary School KG - 06 705 22.1 60103
Ridge Circle Elementary School KG - 06 519 17.2 60107
Ronald D O Neal PK - 06 562 20.4 60120
Sycamore Trails Elementary School PK - 06 591 20.8 60103
Timber Trails Elementary School PK - 06 557 20.4 60192

Middle Schools near Elgin, IL

School Grades Students P/T Ratio ZIP
Abbott Middle School 07 - 08 497 15.6 60123
Canton Middle School 07 - 08 652 13.7 60107
Eastview Middle School 07 - 08 921 16.9 60103
Ellis Middle School 07 - 08 600 13.9 60120
Kenyon Woods Middle School 07 - 08 959 16.8 60177
Kimball Middle School 07 - 08 641 13.2 60123
Larsen Middle School 07 - 08 709 14.9 60120
Tefft Middle School 07 - 08 831 16.8 60107

High Schools near Elgin, IL

School Grades Students P/T Ratio ZIP
Bartlett High School 09 - 12 2,584 19.4 60103
Central School Program 10 - 12 105 6.2 60120
Elgin High School 09 - 12 2,468 17.1 60120
Gifford Street High School 07 - 12 164 7.5 60120
Larkin High School 09 - 12 1,947 17.2 60123
South Elgin High School 09 - 12 2,784 18.5 60177
Streamwood High School 09 - 12 1,983 16.2 60107

Demographics near Elgin, IL 60120

Metric Zip Code City
Neighborhood Type Suburban
Population 114,156 518,648
Population Density 3,044 999
Median Age 35 38
People per Household 2.9 2.8
Median Household Income 79,757 88,935
Average Income per Capita 31,673 40,661