Prime mixed-use property in a highly visible location along Route 31 in the heart of downtown Elgin! This versatile building offers endless possibilities-operate your business on the main level while enjoying the convenience of living above, or maximize its income potential as a rental investment. With excellent exposure to heavy daily traffic, this property is ideal for entrepreneurs and investors alike. The building is ready for updates and customization, allowing you to add your own style and value. Newer roof provides added peace of mind. Don't miss this opportunity to own a well-positioned property in a thriving commercial corridor.
Details
MLS #
12677162
Listing Type
For Sale
Style
Mixed Use
Sub-Type
Resale
Status
Active
Year
1900
Days On Site
112
Listing Provided By
Exit Realty Redefined | Kinga Korpacz
Features
SQ Feet
2,580
Story(s)
2
Units
2
Zoning
COMMR
Interior
Cooling
None
Exterior
Foundation Details
Concrete Perimeter
Construction Materials
Brick
Utilities
Electric
Circuit Breakers
Taxes
Tax Year
2022
Tax Annual Amount
2693.26
Area Information
State
IL
County
Kane
City
Elgin
Zip Code
60123
Area
Elgin
Listing VS Median (in 60123)
Price: $239,000
low | high
Med: $314,950
18.221757322176% of Average
sqft: 2,580
low | high
Med: 1,433
94.476744186047% of Average
$ / sqft: $93
low | high
Med: $221
88.46891123088% of Average
On site: 112
low | high
Med: 24
100% of Average
Sourced by Back At You
Market Activity 60123
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2026
Sales: 1
Avg $ Per SqFt: $331.97
Min Sale Price: $240,677
Max Sale Price: $240,677
Med Sale Price: $240,677
Date: Aug 2026
Sales: 19
Avg $ Per SqFt: $209.57
Min Sale Price: $200,000
Max Sale Price: $550,000
Med Sale Price: $305,000
Date: Jul 2026
Sales: 39
Avg $ Per SqFt: $205.41
Min Sale Price: $53,000
Max Sale Price: $550,000
Med Sale Price: $318,000
Date: Jun 2026
Sales: 42
Avg $ Per SqFt: $210
Min Sale Price: $20,000
Max Sale Price: $550,000
Med Sale Price: $355,500
Date: May 2026
Sales: 23
Avg $ Per SqFt: $210.82
Min Sale Price: $32,000
Max Sale Price: $499,000
Med Sale Price: $315,000
Date: Apr 2026
Sales: 45
Avg $ Per SqFt: $202.16
Min Sale Price: $108,000
Max Sale Price: $600,000
Med Sale Price: $345,000
Date: Mar 2026
Sales: 37
Avg $ Per SqFt: $205.98
Min Sale Price: $119,000
Max Sale Price: $660,000
Med Sale Price: $370,000
Date: Feb 2026
Sales: 29
Avg $ Per SqFt: $200.82
Min Sale Price: $119,900
Max Sale Price: $480,000
Med Sale Price: $290,000
Date: Jan 2026
Sales: 23
Avg $ Per SqFt: $193.21
Min Sale Price: $4,500
Max Sale Price: $448,000
Med Sale Price: $250,000
Date: Dec 2025
Sales: 20
Avg $ Per SqFt: $185.37
Min Sale Price: $25,000
Max Sale Price: $560,000
Med Sale Price: $295,000
Date: Nov 2025
Sales: 30
Avg $ Per SqFt: $189.86
Min Sale Price: $50,000
Max Sale Price: $430,000
Med Sale Price: $287,500
Date: Oct 2025
Sales: 48
Avg $ Per SqFt: $186.47
Min Sale Price: $52,000
Max Sale Price: $600,000
Med Sale Price: $295,000
Sourced by Back At You
Sep 2026
Sales:
1
Avg $ Per SqFt:
$331.97
Min Sale Price:
$240,677
Max Sale Price:
$240,677
Med Sale Price:
$240,677
Aug 2026
Sales:
19
Avg $ Per SqFt:
$209.57
Min Sale Price:
$200,000
Max Sale Price:
$550,000
Med Sale Price:
$305,000
Jul 2026
Sales:
39
Avg $ Per SqFt:
$205.41
Min Sale Price:
$53,000
Max Sale Price:
$550,000
Med Sale Price:
$318,000
Jun 2026
Sales:
42
Avg $ Per SqFt:
$210
Min Sale Price:
$20,000
Max Sale Price:
$550,000
Med Sale Price:
$355,500
May 2026
Sales:
23
Avg $ Per SqFt:
$210.82
Min Sale Price:
$32,000
Max Sale Price:
$499,000
Med Sale Price:
$315,000
Apr 2026
Sales:
45
Avg $ Per SqFt:
$202.16
Min Sale Price:
$108,000
Max Sale Price:
$600,000
Med Sale Price:
$345,000
Mar 2026
Sales:
37
Avg $ Per SqFt:
$205.98
Min Sale Price:
$119,000
Max Sale Price:
$660,000
Med Sale Price:
$370,000
Feb 2026
Sales:
29
Avg $ Per SqFt:
$200.82
Min Sale Price:
$119,900
Max Sale Price:
$480,000
Med Sale Price:
$290,000
Jan 2026
Sales:
23
Avg $ Per SqFt:
$193.21
Min Sale Price:
$4,500
Max Sale Price:
$448,000
Med Sale Price:
$250,000
Dec 2025
Sales:
20
Avg $ Per SqFt:
$185.37
Min Sale Price:
$25,000
Max Sale Price:
$560,000
Med Sale Price:
$295,000
Nov 2025
Sales:
30
Avg $ Per SqFt:
$189.86
Min Sale Price:
$50,000
Max Sale Price:
$430,000
Med Sale Price:
$287,500
Oct 2025
Sales:
48
Avg $ Per SqFt:
$186.47
Min Sale Price:
$52,000
Max Sale Price:
$600,000
Med Sale Price:
$295,000
MLS Number: 12677162
Kinga Korpacz – (773) 250-7410
Exit Realty Redefined – (773) 250-7410
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