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23 Douglas Avenue, Elgin, IL 60120
$435,000
23 Douglas Avenue, Elgin, IL 60120View this property at 23 Douglas Avenue, Elgin, IL 60120
23 Douglas AvenueElginIL60120
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Property Description
This Is A Handsome Historic Brick Building in Downtown Elgin, Suitable For A Mix Of Uses. Two Floors Total 3284 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. There Are Four Levels Of Useable Spaces. It Is Possible To Modify The Second Story in Order To Accommodate 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.
Full Property Details
Full Property Details for 23 Douglas Ave
General
- Price: $435,000
- Taxes: $7,056 (2021)
- Status: Active
- Type: Commercial
- MLS ID: 11919596
- Updated: 2/29/2024
- Added to Site: 178 day(s) ago
Interior
- Interior Features: Passenger Elevator(s), Inside Corridor(s), Multi-Tenant, Private Restroom(s), Basement, Pre-Wired PC Network
- Flooring: Carpet, Tile, Wood
Additional Information
- Security/Safety: Fire Extinguisher(s), Partially Sprinklered, Carbon Monoxide Detector(s)
Parking
- Parking Features: Over 100 Spaces, Common Parking, Lighted, Paved, Public Lot
Location
- Area: Elgin
- County: Kane
- Township: Elgin
- Driving Directions: SOUTHEAST CORNER OF HIGHLAND AND DOUGLAS AVENUES IN DOWNTOWN ELGIN
- Location Details: Northwest Suburban, Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Sub-Flooring: Carpet, Tile, Wood
- Stories/Levels: 2
- Square Feet: 3,284
- Current Bldg. Use: Commercial
- Year Built: 1920
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 1
Lot Features
- Lot Size (Sq. Ft.): 1,679
- Lot Dimensions: 23 x 73
- Frontage: City Street
- Potential Use: Commercial, Office and Research, Retail
- Zoning: COMMR
Financial Considerations
- Security Deposit: Fire Extinguisher/s, Partially Sprinklered, Carbon Monoxide Detector(s)
- Assessment Year: 1920
- Tax Amount: $7,056
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Taxes, Sewer
Disclosures and Reports
- Property ID: 614284017
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Schools
Schools serving 23 Douglas Ave
School District:Sd U-46
Rating | Name | Grades | Distance |
---|---|---|---|
63 S Channing St, Elgin, IL 60120 | K-6 | 0.6 mi | |
225 S Liberty St, Elgin, IL 60120 | 7-8 | 0.9 mi | |
1200 Maroon Dr, Elgin, IL 60120 | 9-12 | 2.1 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 23 Douglas Ave
Date
Details
Price
Change
Source
2/23/2024
Price Reduced
$435,000
-2.25%
MLS
11/02/2023
Listed
$445,000
77.29%
MLS
1/23/2012
Sold
$251,000
—
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 23 Douglas Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$7,336
4%
$84,605
7%
2021
$7,057
—
$79,099
5%
2021
$7,057
5%
$75,512
5%
2019
$6,718
-4%
$71,930
6%
2017
$7,009
-3%
$68,149
1%
2016
$7,212
—
$67,619
9%
2015
$7,187
7%
$61,979
-9%
2018
$6,699
-13%
$67,763
11%
2014
$7,688
2%
$61,213
-3%
2013
$7,530
—
$62,828
—
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 23 Douglas Ave
23 Douglas Avenue, Elgin, IL 60120 (MLS# 11919596) is a Commercial property. 23 Douglas Avenue is currently listed for $435,000 and was received on November 02, 2023. Want to learn more about 23 Douglas 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.