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1460 Larkin Avenue, Elgin, IL 60123
$975,000
1460 Larkin Avenue, Elgin, IL 60123View this property at 1460 Larkin Avenue, Elgin, IL 60123
1460 Larkin AvenueElginIL60123
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Property Description
Welcome to the former medical office and lab space located in the thriving Elgin area! This space is perfectly situated for businesses looking for a versatile workspace with great transportation options. With easy access to major highways getting anywhere from this location is a breeze. The space is ideally suited for dental or medical offices, featuring a layout that includes private treatment rooms and a reception area. The interior is well-maintained and move-in ready, featuring modern finishes. The lab area can also be converted into additional office or retail space, making it ideal for businesses that require a combination of workspace and showroom. In addition to dental or medical offices, this space can also be easily adapted to accommodate a range of other businesses, including retail shops, creative agencies, or tech startups. The space is flexible and can be customized to suit your specific needs and preferences. The building is equipped with heavy power, making it ideal for businesses that require high levels of electricity for specialized equipment. This makes the space perfect for medical or dental labs, as well as other businesses that require heavy power. The location is a major draw for this space, with high traffic road exposure offering excellent visibility and access to potential customers. Elgin is a growing and dynamic community with a thriving business district. The area offers a wide range of amenities, including restaurants, cafes, and retail shops, all within easy walking distance. Overall, this former medical office and lab space is an excellent choice for businesses seeking a versatile and well-maintained workspace in a prime location. Whether you're looking to lease or buy, this space is a top-quality option that shouldn't be missed.
Full Property Details
Full Property Details for 1460 Larkin Ave
General
- Price: $975,000
- Taxes: $36,225 (2021)
- Status: Active
- Type: Commercial
- MLS ID: 11655591
- Updated: 7/31/2023
- Added to Site: 560 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 51 to 100 Spaces
Location
- Area: Elgin
- County: Kane
- Township: Elgin
- Driving Directions: On Larkin Avenue West of McLean Blvd, east of Randall Road
- Location Details: North Suburban, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Gas to Site, Water to Site
Structural Information
- Construction: Brick
- Foundation: Concrete Perimeter
- Roof: Composition, Membrane
- Stories/Levels: 1
- Square Feet: 5,400
- Current Bldg. Use: Commercial
- Year Built: 1995
Lot Features
- Lot Size (Sq. Ft.): 52,000
- Lot Dimensions: 173 x 346 x 170 x 305
- Frontage: City Street, County Road, US Highway
- Potential Use: Commercial
- Zoning: RTAIL
Financial Considerations
- Lease Price: $22
- For Sale/Rent/Lease: For Sale or Rent
- Operating Expenses: $40,000
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1995
- Tax Amount: $36,225
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Sewer
Disclosures and Reports
- Property ID: 615326053
Listed by NBC Realty Inc
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Schools
Schools serving 1460 Larkin Ave
School District:Sd U-46
Rating | Name | Grades | Distance |
---|---|---|---|
80 N Airlite St, Elgin, IL 60123 | K-6 | 0.8 mi | |
451 N McLean Blvd, Elgin, IL 60123 | 7-8 | 0.6 mi | |
1475 Larkin Ave, Elgin, IL 60123 | 9-12 | 0.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1460 Larkin Ave
Date
Details
Price
Change
Source
10/18/2022
Listed
$975,000
95%
MLS
2/03/2022
Sold
$500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1460 Larkin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$9,602
-70%
$110,740
-69%
2021
$31,560
—
$353,740
5%
2021
$31,560
5%
$337,699
5%
2019
$30,044
—
$321,679
6%
2018
$29,991
-4%
$303,042
-1%
2017
$31,347
-4%
$304,769
-1%
2016
$32,777
—
$307,329
9%
2015
$32,666
-12%
$281,695
-5%
2014
$37,097
20%
$295,379
-3%
2013
$30,881
—
$303,171
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1460 Larkin Ave
1460 Larkin Avenue, Elgin, IL 60123 (MLS# 11655591) is a Commercial property. 1460 Larkin Avenue is currently listed for $975,000 and was received on October 18, 2022. Want to learn more about 1460 Larkin Avenue? Do you have questions about finding other Commercial real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.