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271 S State Street,  Elgin IL, 60123

9,000 sqft
Status: Contingent
MLS#: 09007555
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Last Updated: 12/8/2016 11:31 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.
Price
$249,000
Kane
9,000 (approx)
09007555
Contingent
Listing Information
Theatre
Property Type: Mixed Use, Other
0.11 Acres 9,000 (approx) 1930
ELGIN//
Neighborhood
Room Information
Interior Features
Window Air Conditioning
Gas Heat, Forced Air
Exterior / Lot Features
None
45X105
COMMR
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
0613357009
$9,150
Listing Price History

Elgin Real Estate

Elgin is located in Illinois. Elgin, Illinois 60123 has a population of 109,513.

The median household income in Elgin, Illinois 60123 is $58,487. The median household income for the surrounding county is $68,674 compared to the national median of $53,046. The median age of people living in Elgin 60123 is 32.5 years.

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Courtesy: Premier Commercial Realty
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