$900,000
$979,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
2.95 Acres Lot
SOLD DATE : 12/27/2023
Key Details
Sold Price $900,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11752144
Sold Date 12/27/23
Tax Year 2021
Lot Size 2.950 Acres
Lot Dimensions 398 X 311
Property Sub-Type Land
Property Description
ALMOST 3 ACRES OFF SUMMIT AVE (RT.58) FOR POTENTIAL REDEVELOPMENT. FREESTANDING 8,438 S.F. GENERAL OFFICE / MEDICAL SPACE BUILDING. SOLID BRICK CONSTRUCTION BUILT IN 1988. AB ZONING (AREA BUISNESS) WITH OTHER POTENTIAL USES. ELEVATOR BUILDING. BUILDING BROKEN DOWN INTO 2 LOWER-LEVEL UNITS AND 2 UPPER-LEVEL UNITS (APPROX 2,000 S.F. EACH) WITH SPERATED UTILITIES BUT COULD BE EASILY COMBINED. UNITS HAVE A MIX OF INDIVIDUAL OFFICES AND COLLABORATIVE SPACES AND WOULD MAKE A GREAT COWORKING SPACE FOR THE INVESTOR. COMMON AREA ADA APPROVED WASHROOMS ON EACH LEVEL. PLENTY OF PARKING. TAXES REFLECT NON FOR PROFIT STATUS OWNERSHIP. 5 PINS INLCUDED IN THIS SALE.
Location
State IL
County Cook
Area Elgin
Zoning COMMR
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Water-Municipal, Water to Site
Schools
School District 46 , 46, 46
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Bertha Alvarado-Lopez • A-Squared Realty LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "