Last Updated: 4/23/2017 6:45 AM
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.
Window Air Conditioning
Gas Heat, Forced Air
Exterior / Lot Features
Central Business District, Corner, City Road
From I-90 to N. State (Route 31). Property on NE corner of S. State (Route 31) and National Street.
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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