Elgin, IL 60123,241 S STATE ST

$165,000

Est. payment /mo

$180,000

8.3%
Est.Price: ?

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241 S STATE ST Elgin, IL 60123

2,500 SqFt

SOLD DATE : 06/12/2020

Key Details

Sold Price $165,000

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $66

MLS Listing ID 10661691

Sold Date 06/12/20

Year Built 1922

Annual Tax Amount $4,952

Tax Year 2018

Lot Dimensions 120 X 58

Property Description

Great Mixed Use Commercial/Residential Rental Building located on a busy street with great exposure! This unit includes two commercial spaces and a one bedroom apartment, along with a large clean basement and a garage. The front unit has 4 large rooms, a break room and half bath - currently leased to a graphics sign company through March '22. Rear unit has one large office space, another private office, a break room and half bath - 1 year lease just signed. Upstairs is a nicely remodeled 1 bedroom apartment with laundry leased through Aug '20. There's a large clean basement and a one car garage, access to the basement through the front unit or garage - both basement and garage are currently vacant. This building was completely remodeled when the owner purchased in 2007, apartment was a complete remodel down to the studs.

Location

State IL

County Kane

Area Elgin

Zoning OTHER

Interior

Cooling Central Air, Window Unit(s)

Flooring Carpet, Tile, Vinyl, Wood

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal

Roof Type Fiberglass

Building

Level or Stories 2

Structure Type Concrete,Wood Frame

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Midwest Real Estate Data (MRED) IDX
Listed by Teresa Stultz • Premier Living Properties
Bought with Andrew Resek • Chase Real Estate, LLC
agent

Phi Group

group

+1(224) 633-2001

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