80 S Grove AVE Active

Elgin,IL 60120

$ 1999000

- Bed

0 Bath

27066 SqFt


Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 27,066 sqft

Price per Sqft $73

MLS Listing ID 12204250

Year Built 1920

Annual Tax Amount $19,277

Tax Year 2023

Lot Dimensions 80X200

Property Description

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.

Location

State IL

County Kane

Area Elgin

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Office/Tech

Level or Stories 3

Structure Type Brick

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