230 N Mclean Boulevard,Elgin, IL 60123
Elgin, IL 60123
Description
Mixed-use investment and redevelopment opportunity! This 3,674 SF building sits on a 0.5-acre corner lot with outstanding visibility along busy McLean Boulevard. The property consists of five total units, including four commercial storefronts and one second-floor apartment, offering an excellent opportunity for owner-occupants, investors, or those seeking additional rental income Zoned RB (Residence Business) and located within the ARC (Arterial Road Corridor) Overlay District, the property provides flexibility for a variety of permitted retail, office, service, and mixed-use opportunities (buyers should verify permitted uses with the City of Elgin). Formerly home to a florist/retail storefront, the building is well suited for continued commercial use, value-add improvements, or future redevelopment. Ideally situated near Town & Country Shopping Center, Elgin Fresh Market, Family Dollar, U.S. Route 20, Elgin Community College, Larkin High School, and just 1.8 miles from the Elgin Metra Station, this high-exposure location offers exceptional accessibility, strong traffic counts, and outstanding long-term investment potential
Details
| MLS # | 12714227 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 56 |
| Listing Provided By | Realty of America, LLC | Jesus Perez |
Features
| Story(s) | 2 |
|---|---|
| Units | 5 |
| Zoning | COMMR |
| Acreage | 0.50 |
Interior
| Cooling | None |
|---|
Utilities
| Electric | Circuit Breakers |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 15201.54 |
Area Information
| State | IL |
|---|---|
| County | Kane |
| City | Elgin |
| Zip Code | 60123 |
| Area | Elgin |
| Listing VS Median (in 60123) | |
Price: $449,900 low | high Med: $312,450 On site: 56 low | high Med: 52.5 | |
Market Activity 60123
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Learn More About This Property
| State | IL |
|---|---|
| County | Kane |
| City | Elgin |
| Zip Code | 60123 |
| Area | Elgin |
| Listing VS Median (in 60123) | |
Price: $449,900 low | high Med: $312,450 On site: 56 low | high Med: 52.5 | |
