This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
53-63 Douglas Avenue, Elgin, IL 60120
$1,100,000
53-63 Douglas Avenue, Elgin, IL 60120View this property at 53-63 Douglas Avenue, Elgin, IL 60120
53-63 Douglas AvenueElginIL60120
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
Property Description
12 Units total on this iconic 3-Story Victorian Building. Originally known as the "McBride" building. Nicely updated and beautifully restored offices and store fronts. Many original features such as interior brick walls, tin ceilings, high ceilings and much more. Elevator building. Updated energy efficient floor to ceiling windows. Updated HVAC. This property is centrally located with City parking directly across the street and walking distance to Metra and Pace Bus. Retail spaces are fully leased. Some 2nd floor office space is available currently. This building would make great owner occupant space or investment property.
Full Property Details
Full Property Details for 53-63 Douglas Ave
General
- Price: $1,100,000
- Taxes: $20,676 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12031737
- Updated: 4/23/2024
- Added to Site: 14 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors
Parking
- Parking Features: Common Parking, Open, Public Lot
Location
- Area: Elgin
- County: Kane
- Township: Elgin
- Driving Directions: Route 31 to Kimball St. East to Douglas, N. to property
- Location Details: Northwest Suburban, Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Forced Air
Utilities
- Trash: 1680
Structural Information
- Construction: Brick
- Exterior Const.: Brick, Frame
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Square Feet: 15,495
- # of Stores: 3
- Year Built: 1889
- Built Before 1978: Yes
Unit Information
- # Tenants: 9
Lot Features
- Lot Size (Sq. Ft.): 7,841
- Lot Dimensions: 100 x 78
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- Lease Price: $12
- Insurance Fee: $4,860
- Operating Expenses: $48,036
- Other Fee: $3,820
- Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors
- Assessment Year: 1889
- Tax Amount: $20,676
- Tax Year: 2022
- Tenant Pays: Varies by Tenant
- Pays Electric: 6000
- Pays Trash: 1680
Disclosures and Reports
- Property ID: 614280006
Listed by RE/MAX Horizon
Get Pre-Approved Today
Get a Great Insurance Rate
Price & Sales History for 53-63 Douglas Ave
Date
Details
Price
Change
Source
4/17/2024
Listed
$1,100,000
19.83%
MLS
12/12/2019
Sold
$918,000
—
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 53-63 Douglas Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$20,767
4%
$239,496
7%
2021
$19,977
—
$223,912
5%
2021
$19,977
5%
$213,759
5%
2019
$19,017
38%
$203,618
46%
2018
$13,818
-4%
$139,661
-1%
2017
$14,447
-3%
$140,457
1%
2016
$14,863
5%
$139,365
14%
2015
$14,162
-7%
$122,127
1%
2014
$15,149
2%
$120,619
-3%
2013
$14,837
—
$123,801
—
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 53-63 Douglas Ave
53-63 Douglas Avenue, Elgin, IL 60120 (MLS# 12031737) is a Commercial property. 53-63 Douglas Avenue is currently listed for $1,100,000 and was received on April 17, 2024. Want to learn more about 53-63 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.