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271 S State Street,  Elgin IL, 60123

Sold Price:
9,000 sqft
Status: Sold
MLS#: 09007555
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Last Updated: 3/17/2018 1:29 PM
Description for 271 S State Street Elgin, IL 60123
Great opportunity for investor/user. 12% cap rate on this mixed use 2-story brick building with (4) apartments, all currently leased; (2) storefronts; and full basement for storage. Located at the lighted intersection of National Street and Route 31, just one block from the Grand Victoria Elgin riverboat casino. See attached operating statement.
Sold Price:
Sold Date:01/20/2017
9,000 (approx)
Listing Information
Property Type: Mixed Use, Other
0.11 Acres 9,000 (approx) 1930
Room Information
Interior Features
Window Air Conditioning
Gas Heat, Forced Air
Exterior / Lot Features
Central Business District, Corner, City Road
Driving Directions
From I-90 to N. State (Route 31). Property on NE corner of S. State (Route 31) and National Street.
Financial Considerations
Listing Price History

Elgin Real Estate

Elgin is located in Illinois. Elgin, Illinois 60123 has a population of 112,111.

The median household income in Elgin, Illinois 60123 is $59,832. The median household income for the surrounding county is $70,514 compared to the national median of $53,482. The median age of people living in Elgin 60123 is 32.9 years.

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Courtesy: Courtesy: Premier Commercial Realty
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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 broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is 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.

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