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20-24 Douglas Avenue, Elgin, IL 60120

$990,000
  • 20-24 Douglas Avenue, Elgin, IL 60120 Main Photo

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New to the Market New
SQUARE FEET14,124 MLS#12588163
STATUSNew PROPERTY TYPECommercial - Business

Property Description

Outstanding and very recognizable Hines Building Brick 2 Story with 14000 SF on a corner lot with multiple storefront/addresses. Currently being used as an office building but could easily be retail store spaces on the first floor and converted to residential use on the second floor. This building was completely remodeled in the 90's and has been maintained and upgraded intentionally since that time. New roofs on all the buildings in the past 4 years. Updated HVAC system's. Updated Electric throughout with copper wiring. New Exterior paint. Many of the windows are Pella with 1 glass. There is a Generac back up generator. The water service was upgraded and is set up for sprinklers to be added. The building is designed with a main entrance at 113 E. Highland. There are three storefront buildings along Douglas that are currently adjoining (20,22 and 24). The address 115 E. Highland is for the former bank space. The second floor of the bank space and 24 and 22 Douglas are all office space. The second floor of 20 Douglas is unfinished vacant space. The basement is partially finished. There are multiple baths and kitchenette spaces throughout. The ceiling height in much of the building is 14'-16' with tin ceilings. Beautiful original features as well as modernized upgrades. This building embodies an important place in downtown Elgin's history and it has been lovingly cared for and maintained, making it the perfect investment for the next owner. Also included in this sale is 113 E. Highland Ave. which has a PIN of 06-14-283-020.

20-24 Douglas Avenue | MLS# 12588163

This commercial property located at 20-24 Douglas Avenue, Elgin, IL 60120 is currently listed for sale with an asking price of $990,000. Search Elgin real estate on www.gogambino.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.19 Acres
Stories: 2.0
Taxes: $25,459
Year Built: 1881

Feature Descriptions

Electric: Circuit Breakers, Over 600 Amps
Exterior: Brick
Fire Protection: Fire Extinguisher/s
HVAC: Central Heat/Indiv Controls, Forced Air, Gas
Lot Dimensions: 66x126
Number of Tenant(s): 1
Parcel#: 0614283019
Units: 4
Utilities: Electric to Site, Natural Gas Available, Sewer Connected

Listed By / Shown By

Listed By

Agency Name: RE/MAX Horizon
Agency Phone: 847-931-7500

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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