$2,200,000

beds

baths

24 N Airlite Street

Elgin, Illinois 60123

Active / MLS #12759096 / Multiple Unit (2-4) / Elgin

Listing information updated 9/20/2026 at 6:03am

This duplex is to be taken down. This parcel has been approved for 20 two bedroom apartments with 38 garages underneath. all electric apartments. Elevator to 3 floors . underground detention system already installed. It took 6 years to rezone to a planned unit development. All architectural prints have been approved. This is a 3 story building about 34248 sq ft. with garages. Extra storage in the garages. Civil engineering and electric engineering done.Bids are in and ready for new owner. permits to start are waiting. Plans are available. Monthly income for this new building should be $50000 a month or more. call with all questions.

Full Features

Exterior Type:

Frame,Block

Basement:

Unfinished,Cellar,Exterior Entry,Full

Beds Above Grade:

Heating System:

Natural Gas

Pool:

Age:

Unknown

Parking Type:

Yes

Parking Spaces:

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

.50-.99 Acre

Acreage:

73882

Taxes & Assessments

Tax Amount:

$7,524

Tax Year:

2025

Location

Zip Code:

60123

City:

Elgin

County:

Kane

Schools

School District(s):

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Frame,Block

Basement:

Unfinished,Cellar,Exterior Entry,Full

Beds Above Grade:

Heating System:

Natural Gas

Pool:

Age:

Unknown

Parking Type:

Yes

Parking Spaces:

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

.50-.99 Acre

Acreage:

73882

Tax Amount:

$7,524

Tax Year:

2025

Zip Code:

60123

City:

Elgin

County:

Kane

School District(s):

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Millennium

Listing Office Phone: 847.697.5800

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 9/20/2026 at 6:03am. 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.