One of the most prominent buildings in Downtown Elgin. Fronts on Riverside Dr. overlooking the Fox River and fronts on Grove Ave. Adjacent to street level City parking lots and Festival Park to the South. This building has multiple users, including Restaurant/Bar, Event space, Entertainment and Office. The building has been modernized and there have been numerous recent improvements, including a new concrete basement floor with waterproofing, New roof on 80 S. Grove in '18, tuckpointing complete South side of building, 8 newer HVAC's. Possibilities are limitless with this property. High upside potential in rental income by increasing occupancy.
MLS# | 12204250 |
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Listing Type | For Sale |
Style | Office Building |
Sub-Type | Resale |
Status | Active |
Year | 1920 |
Days On Site | 104 |
Listing Provided By | RE/MAX Horizon | Ben Henrikson |
SQ Feet | 27,066 |
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Story(s) | 3 |
Units | 16 |
Zoning | COMMR |
State | IL |
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County | Kane |
City | Elgin |
Zip Code | 60120 |
Area | Elgin |
Listing VS Median (in 60120) | |
Price: $1,900,000 low | high Med: $275,000 SqFt: 27,066 low | high Med: 1,295 $ / SqFt: $70 low | high Med: $216 On Site: 104 low | high Med: 107 |