23 Douglas Ave
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23 Douglas Ave
3,284 SF 100% Leased Retail Building Elgin, IL 60120 $602,404 CAD ($183 CAD/SF)
Investment Highlights
- New Roof, windows, furnace, A/C and exterior painting added within the last four years
- Sizeable, free, city parking lot, located kiddie-corner to the site
- Excellent visibility on the corner of Highland & Douglas Avenue
Executive Summary
Handsome historic brick building in downtown Elgin, suitable for a variety of uses. Two floors total 3,284 SF, plus another 1,500 SF in a fully finished basement, which has separate street access. Space is currently built out as a professional office but can be a mix of retail and residential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,284 SF
Building Class
B
Year Built
1920
Price
$602,404 CAD
Price Per SF
$183 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.96
Land Acres
0.04 AC
Zoning
CC1 - Center City Zoning
Frontage
25 ft on Douglas
Amenities
- Corner Lot
- Air Conditioning
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 06-14-284-017 | Improvements Assessment | $108,406 CAD |
| Land Assessment | $21,290 CAD | Total Assessment | $129,696 CAD |
PROPERTY TAXES
Parcel Number
06-14-284-017
Land Assessment
$21,290 CAD
Improvements Assessment
$108,406 CAD
Total Assessment
$129,696 CAD
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Paul Bednar -
Real People Realty
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