$ 1,999,000
80 S Grove AVE Elgin, IL 60120
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$ 1,999,000
Est. payment | /mo
27,066 SqFt
$ 1,999,000
Est. payment | /mo
27,066 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
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ben Henrikson • RE/MAX Horizon
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Randall Nosalik
REALTOR® | Lic# 475150328