209-211 East Chicago Street

Elgin, IL 60120

$480,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Beautiful historic 3 story building in the heart of elgin! 14,784 sq/ft 3 story Building (plus full basement) First floor contains 2 retail stores roughly little over 2000 sq/ft each. Second and third floors was formerly known as the club Medusa. Both second and third floors are roughly 6000 sq/ft each. Come see the potential in this large building perfect for a restaurant, bar, night club, reception hall, ect. This solid brick building has tons of character throughout! Beautiful woodwork that has...Beautiful historic 3 story building in the heart of elgin! 14,784 sq/ft 3 story Building (plus full basement) First floor contains 2 retail stores roughly little over 2000 sq/ft each. Second and third floors was formerly known as the club Medusa. Both second and third floors are roughly 6000 sq/ft each. Come see the potential in this large building perfect for a restaurant, bar, night club, reception hall, ect. This solid brick building has tons of character throughout! Beautiful woodwork that has remained in wonderful shape for a historic building! You won't want to miss this opportunity to own an investment property that really speaks for itself! Great location with free parking deck across the street.
  1. Listed by Christopher Davis • Inspire Realty Group LLC

Sold By ARNI Realty Incorporated

Property Details for 209-211 East Chicago Street

Area
Elgin
Township
Elgin
Zoning
RTAIL
LISTING UPDATED: 12/16/2024 12:28 PM

Property Details for 209-211 East Chicago Street

StatusClosed
MLS #11895629
Days on Market394
Taxes$13,234 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1887
Lot Size0.13 AC / 5,808 SF
CountyKane County

Building Information for 209-211 East Chicago Street

Stories3Residences3Year Built1887Lot Size0.13 AC / 5,808 SF

Property Information for 209-211 East Chicago Street

General Information
Addtl Parking Information
  • Outdoor Parking: Over 100 Spaces,Fee Parking
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Northwest Suburban
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Zoned
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Heat/Ventilation: Forced Air,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
  • Water Drainage: Storm Sewers
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, Repairs
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 44X134
  • Lot Size Square Feet: 5808.0
  • Stories: 3
  • Construction: Brick
  • Roof Type: Membrane
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors
  • Roof Structure: Flat
  • Building Area Total: 14784
  • # Of Offices: 0
  • # Of Stores: 2
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Retail, Other
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 27
Miscellaneous
  • Current Use: Commercial
  • Location: Central Business District
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $3,963.00
  • Fuel Expense: $2,803.00
  • Gross Income: $1,100.00
  • Gross Scheduled Income: $100,512.00
  • Insurance Expense: $9,670.00
  • Total Annual Expense Source: Actual
  • Total Monthly Income: 1100
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $4,022.00
  • Trash Expense: $.00
  • Water Sewer Expense: $1,568.00

Property History for 209-211 East Chicago Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 209-211 East Chicago Street

Taxable ValueLand$23,048Additions$150,951Total$173,999
Tax Record2023$14,833 ($1,236 / month)
Home Facts
Total Finished SqFt14,784 SqFtAbove Grade Finished SqFt14,784 SqFtLot Size6,098 SqFtStyleMiscellaneous CommercialYear Built1887CountyKANEAPN06-13-302-005

Schools near 209-211 East Chicago Street

This home is within School District U-46.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Channing Memorial Elementary School
PublicK to 6

Ellis Middle School
Public7 to 8

Elgin High School
Public9 to 12

Central School Program
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Inspire Realty Group LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 12/16/2024 12:28 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.