75 Market Street

    Elgin, IL 60123
    • $1,500,000
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: 10022197
    UPDATED: 73 min ago
    $1,500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 30,090
      SQFT
    • $50
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1978
    County:
    Area:

    School Ratings & Info

    Description

    GREAT OWNER USER OR INVESTOR OPPORTUNITY ON ELGIN'S BUSY WEST SIDE! 30,000 SQ/FT. 2 STORY RETAIL/OFFICE BUILDING, ELGIN'S BROADEST COMMERCIAL ZONING...AB, 100 CAR PARKING LOT, TENANTS PAY THEIR OWN GAS,WATER & ELECTRIC WITH SEPARATE METERS FOR ALL 26 UNITS. 16 UNITS ARE CURRENTLY OCCUPIED WITH GOOD RENTAL INCOME AND 10 UNITS ARE READY FOR AN OWNER/USER AND MORE RENTAL INCOME. NEW ROOF IN 2017, OWNER RESIDES OUT OF STATE AND IS MOTIVATED TO SELL!

    Monthly Payment Calculator



    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Saladino Sells Team | Keller Williams Chicago - Lakeview. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than The Saladino Sells Team | Keller Williams Chicago - Lakeview are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-08-21T10:53:31.897.

    Digital Millennium Copyright Act
    www.saladinosells.com/homes/85727488

    75 Market Street Elgin, IL 60123

    • Price: $1,500,000
    • Status: Active
    • Updated: 73 min ago
    • MLS #: 10022197
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    30,090
    SQFT
    $50
    $/SQFT
    1978
    Built
    Neighborhood:
    Elgin
    County:
    Kane
    Area:
    Elgin
    Property Description
    GREAT OWNER USER OR INVESTOR OPPORTUNITY ON ELGIN'S BUSY WEST SIDE! 30,000 SQ/FT. 2 STORY RETAIL/OFFICE BUILDING, ELGIN'S BROADEST COMMERCIAL ZONING...AB, 100 CAR PARKING LOT, TENANTS PAY THEIR OWN GAS,WATER & ELECTRIC WITH SEPARATE METERS FOR ALL 26 UNITS. 16 UNITS ARE CURRENTLY OCCUPIED WITH GOOD RENTAL INCOME AND 10 UNITS ARE READY FOR AN OWNER/USER AND MORE RENTAL INCOME. NEW ROOF IN 2017, OWNER RESIDES OUT OF STATE AND IS MOTIVATED TO SELL!
    Exterior Features

    Construction BrickConcrete BlockWood Frame Foundation Concrete Frontage Access City Street Location Mixed Use AreaPublic Transport Avail Lot Dimensions 312X164X320X321X52 Lot Sq Ft 77972 Number Of Parking Spaces 100 Roof Coverings Membrane Roof Structure Flat

    Interior Features

    Air Conditioning Central AirZoned Fire Protection Fire Extinguisher/S Floor Finish Varies Miscellaneous Inside AtriumHandicapped AccessPrivate Restroom/S Number Of Apts 0 Number Of Offices 13 Number Of Stores 13 Number Of Stories 2 Outdoor Parking 51-100 SpacesCommon ParkingLightedPavedPrivate Lot

    Property Features

    Age 36-50 Years Built Before1978 YN No Current Use Commercial Electric Expense Source Actual Electrical Service Circuit Breakers0-100 Amps Electricity Expense 4835 Expense Year 2017 Exterior Building Type Brick Fuel Expense 3547 Fuel Expense Source Actual Geographic Locale Northwest Suburban Gross Rental Income Amount 20120 Heat Ventilation Forced AirGas Insurance Expense 5612 Insurance Expense Source Actual Lease Type Net Net Oper Income Amount 11969 Net Operating Income Year 2017 Other Expense Source Actual Other Expenses 33460 Owners Assoc YN No Possession Closing Potential Use Office And ResearchRetail Rental Price 0 Sale Terms Conventional Tax Year 2017 Taxes 30671 Tenant Pays Air ConditioningElectricHeatWater/Sewer Total Annual Exp 81508 Total Annual Expense Source Actual Total Annual Income 201204 Total Monthly Income 16767 Township Elgin Water Drainage Storm Sewers Water Expense 1129 Water Expense Source Actual Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Horizon.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Saladino Sells Team | Keller Williams Chicago - Lakeview. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than The Saladino Sells Team | Keller Williams Chicago - Lakeview are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-08-21T10:53:31.897.

    Digital Millennium Copyright Act
     
    The Saladino Sells Team | Keller Williams Chicago - Lakeview
    8750 W. Bryn Mawr Ave. Suite 110E
    Chicago IL, 60631
    Open jobs at Keller Williams ChicagoPowered by ZipRecruiter