$165,000
$180,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
241 S STATE ST Elgin, IL 60123
2,500 SqFt
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Andrew Resek • Chase Real Estate, LLC