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$900,000
8,438
square ft

2 American Way
Elgin, Illinois 60120

Closed / MLS #11751996 / Institutional or Developmental / Elgin
Listing information updated 12/28/2023 at 10:03am
FREESTANDING 8,438 S.F. GENERAL OFFICE / MEDICAL SPACE BUILDING ON ALMOST 3 ACRES OFF SUMMIT AVE (RT.58). SOLID BRICK CONSTRUCTION BUILT IN 1988. AB ZONING (AREA BUISNESS) WITH OTHER POTENTIAL USES. ELEVATOR BUILDING. BUILDING BROKEN DOWN INTO 2 LOWER-LEVEL UNITS AND 2 UPPER-LEVEL UNITS (APPROX 2,000 S.F. EACH) WITH SPERATED UTILITIES BUT COULD BE EASILY COMBINED. UNITS HAVE A MIX OF INDIVIDUAL OFFICES AND COLLABORATIVE SPACES AND WOULD MAKE A GREAT COWORKING SPACE FOR THE INVESTOR. COMMON AREA ADA APPROVED WASHROOMS ON EACH LEVEL. PLENTY OF PARKING. TAXES REFLECT NON FOR PROFIT STATUS OWNERSHIP. 5 PINS INLCUDED IN THIS SALE.
Acreage:
2.95
Built:
1988
Cooling System:
Central Air
Stories:
2
Roof:
Composition
Potential Use:
Office and Research, Development, Multi-Family
Zoning:
COMMR
Building Square Feet:
8,438
Tax Amount:
N/A
Tax Year:
2021
Zip Code:
60120
City:
Elgin
County:
Cook

Listing Office: Royce Group Real Estate Co.

Listing Office Phone: 630.318.6230

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/28/2023 at 10:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Elgin, IL

The City of Elgin has been on a roll since it was founded in 1836. Attracting city dwellers and suburbanites, the bustling city is home to over 100,000 people and is one of the largest and fastest-growing cities in the state. A picturesque 1920s millworks building houses the State Street Market with...
$374,622
Average Sale Price
44
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 2 American Way, Elgin, IL 60120
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2 American Way, Elgin, IL 60120 is a institutional or developmental which sold for $900,000. This institutional or developmental has been listed on @properties Christie's International Real Estate since April 4th, 2023 and was built in 1988.

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