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$2,200,000 Just Listed
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Property Description
This duplex is to be taken down. This parcel has been approved for 20 two bedroom apartments with 38 garages underneath. all electric apartments. Elevator to 3 floors . underground detention system already installed. It took 6 years to rezone to a planned unit development. All architectural prints have been approved. This is a 3 story building about 34248 sq ft. with garages. Extra storage in the garages. Civil engineering and electric engineering done.Bids are in and ready for new owner. permits to start are waiting. Plans are available. Monthly income for this new building should be $50000 a month or more. call with all questions.
Full Property Details
Full Property Details for 24 N Airlite St
General
- Price: $2,200,000
- Taxes: $7,524 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12709330
- Updated: 7/18/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: School Bus Service, Commuter Bus
Parking
- Total Spaces: 4
Location
- Area: Elgin
- County: Kane
- Township: Elgin
- Driving Directions: Randall Rd to Foothill Rd east to Airlite north to 24 N, Airlite
School Information
- School District: 46
- Elem School District: 46
- Midd School District: 46
- High School District: 46
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer, Storm Sewer
- Water: Public
Structural Information
- Construction: Frame, Block
- Exterior Const.: Frame, Block
- Basement: Yes
- Basement Desc.: Unfinished, Cellar, Exterior Entry, Full
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 73,882
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 100 x 299.6
Financial Considerations
- Tax Amount: $7,524.26
- Tax Year: 2025
- Pays Sewer: Public Sewer, Storm Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Exceptions-Call List Office
- Property ID: 616401015
Listed by Millennium
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Schools
Schools serving 24 N Airlite St
School District:School District U-46
| Name | Grades | Distance |
|---|---|---|
Hillcrest Elementary School, Elgin, IL 80 North Airlite Street, Elgin, IL 60123 | K-6 | 0.2 mi |
Kimball Middle School 451 North McLean Boulevard, Elgin, IL 60123 | 7-8 | 1.2 mi |
Larkin High School 1475 Larkin Avenue, Elgin, IL 60123 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 24 N Airlite St
Date
Details
Price
Change
Source
7/18/2026
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 24 N Airlite St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,270
-15%
$90,841
-10%
2023
$8,568
11%
$100,507
13%
2022
$7,744
4%
$89,311
7%
2021
$7,450
—
$83,499
5%
2021
$7,450
5%
$79,712
5%
2019
$7,092
—
$75,931
6%
2018
$7,072
2%
$71,532
6%
2017
$6,955
4%
$67,623
8%
2016
$6,691
—
$62,736
9%
2015
$6,668
-7%
$57,503
1%
2014
$7,133
20%
$56,793
-3%
2013
$5,938
—
$58,292
—
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 24 N Airlite St
24 N Airlite Street, Elgin, IL 60123 (MLS# 12709330) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 24 N Airlite Street is currently listed for $2,200,000 and was received on July 18, 2026. Want to learn more about 24 N Airlite Street? Do you have questions about finding other Multi-Family real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.

