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2 American Way, Elgin, IL 60120
$900,000
2 American Way, Elgin, IL 60120View this property at 2 American Way, Elgin, IL 60120
2 American WayElginIL60120
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Property Description
Freestanding 8,438 S.F. General Office / Medical Space Building On Almost 3 Acres Off Summit Ave (Rt.58). Solid Brick Construction Built in 1988. Ab Zoning (Area Buisness) With Other Potential Uses. Elevator Building. Building Broken Down Into 2 Lower-Level Units and 2 Upper-Level Units (Approx 2,000 S.F. Each) With Sperated Utilities But Could Be Easily Combined. Units Have A Mix Of Individual Offices and Collaborative Spaces and Would Make A Great Coworking Space For The Investor. Common Area Ada Approved Washrooms On Each Level. Plenty Of Parking. Taxes Reflect Non For Profit Status Ownership. 5 Pins Inlcuded in This Sale.
Full Property Details
Full Property Details for 2 American Way
General
- Sold For: $900,000
- Taxes: (2021)
- Status: Closed
- Type: Commercial
- MLS ID: 11751996
- Added to Site: 394 day(s) ago
Interior
- Interior Features: Freight Elevator(s)
Additional Information
- Security/Safety: Smoke or Fire Protectors
Parking
- Parking Features: 31 to 50 Spaces
Location
- Area: Elgin
- County: Cook
- Driving Directions: SUMMIT (RT. 58) EAST OF RT. 25
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 8,438
- Year Built: 1988
Lot Features
- Lot Size (Acres): 2.95
- Lot Size (Sq. Ft.): 128,500
- Lot Dimensions: 398 x 311
- Frontage: City Street, Other
- Potential Use: Office and Research, Development, Multi-Family
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1988
- Tax Year: 2021
Disclosures and Reports
- Property ID: 6073020670000
Listed by Royce Group Real Estate Co.
Sold by A-Squared Realty LLC
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Schools
Schools serving 2 American Way
School District:Sd U-46
Rating | Name | Grades | Distance |
---|---|---|---|
323 Waverly Dr, Elgin, IL 60120 | K-6 | 0.3 mi | |
225 S Liberty St, Elgin, IL 60120 | 7-8 | 1 mi | |
1200 Maroon Dr, Elgin, IL 60120 | 9-12 | 1.4 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 2 American Way
Date
Details
Price
Change
Source
12/27/2023
Sold
$900,000
-8.07%
MLS
4/04/2023
Listed
$979,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2 American Way, Elgin, IL 60120 (MLS# 11751996) is a Commercial property that was sold at $900,000 on December 27, 2023. Want to learn more about 2 American Way? 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.