Date
Details
Price
Change
Source
7/01/2025
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/20
$425,000 Contingent
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1/20
Property Description
6,326 SQ.FT. of PRIME OFFICE SPACE in busy commercial area on Elgin's West Side! Once home to the law firm of Brittain & Ketcham, Attorneys Leo Flanagan, Jeff Rifken & Larry Crisanti, this has been the site of many real estate closings over the years. Solid building w/air-lock entry, public restrooms, main floor lobby! Private restroom in 1st floor office. Receptionist areas in 3 of 4 rentable offices! Conference rooms in both 1st and 2nd floor offices! Plenty of parking! Great visibility!
Full Property Details
Full Property Details for 85 Market St
General
- Price: $425,000
- Taxes: $17,692 (2023)
- Status: Contingent
- Type: Commercial
- Source: MRED
- MLS ID: 12409503
- Updated: 5/5/2026
- Added to Site: 312 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Location
- Area: Elgin
- County: Kane
- Township: Elgin
- Driving Directions: LARKIN TO LYLE TO NE CORNER OF LYLE AND MARKET ST.
- Location Details: Northwest Suburban, Corner, Mixed-Use Area, Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: Forced Air
Structural Information
- Construction: Block, Wood, Aluminum Siding, Stone
- Exterior Const.: Block, Wood, Aluminum Siding, Stone
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 6,326
- Year Built: 1977
- Built Before 1978: Yes
Unit Information
- # Tenants: 3
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Lot Dimensions: 150 x 141 x 190 x 135
- Frontage: City Street
- Potential Use: Commercial, Office, Retail, Other
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $33,994
- Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 1977
- Tax Amount: $17,692.9
- Tax Year: 2023
Disclosures and Reports
- Documents Avail.: Floor Plan, Tax Bill
- Property ID: 615304030
Listed by RE/MAX Horizon
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Schools
Schools serving 85 Market St
School District:School District U-46
| Name | Grades | Distance |
|---|---|---|
Hillcrest Elementary School, Elgin, IL 80 North Airlite Street, Elgin, IL 60123 | K-6 | 0.5 mi |
Kimball Middle School 451 North McLean Boulevard, Elgin, IL 60123 | 7-8 | 0.7 mi |
Larkin High School 1475 Larkin Avenue, Elgin, IL 60123 | 9-12 | 0.4 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 85 Market St
Tax History
Tax History for 85 Market St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,386
4%
$229,740
11%
2023
$17,693
8%
$207,553
10%
2022
$16,410
4%
$189,253
7%
2021
$15,786
—
$176,938
5%
2021
$15,786
5%
$168,914
5%
2019
$15,028
-4%
$160,901
6%
2017
$15,679
-4%
$152,442
-1%
2016
$16,395
—
$153,723
9%
2015
$16,339
9%
$140,901
-7%
2018
$14,986
-13%
$151,579
11%
2014
$17,149
20%
$136,549
-3%
2013
$14,276
—
$140,151
—
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 85 Market St
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- Townhouse
- Active
- Updated 21 hours ago
- 3Beds
- 3Total Baths
- 2,079Sq. Ft.
- Single Family
- Active
- Updated 12 hours ago
- 4Beds
- 4Total Baths
- 3,278Sq. Ft.
- Townhouse
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 1,764Sq. Ft.
- Townhouse
- Active
- Updated 17 hours ago
- 2Beds
- 2Total Baths
- 1,214Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 2,368Sq. Ft.
- Townhouse
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 1,468Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 5Beds
- 4Total Baths
- 5,183Sq. Ft.
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85 Market Street, Elgin, IL 60123 (MLS# 12409503) is a Commercial property. 85 Market Street is currently listed for $425,000 and was received on July 01, 2025. Want to learn more about 85 Market Street? 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.