1460 Larkin Avenue Elgin, IL $ 975,000
1460 Larkin Avenue
$ 975,000
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1460 Larkin Avenue

Elgin, IL, 60123
$ 975,000
Baths0.0 Sq 5,400

Monthly Estimate*

$ 6,811

1460 Larkin Avenue, Elgin, IL 60123 - Image 1
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1460 Larkin Avenue, Elgin, IL 60123 - Image 11
Studio

Commercial Property for sale in Elgin, IL

for $975,000. This 5,400 square foot building was built in 1995 on a lot size of 1.19376.

Welcome to the former medical office and lab space located in the thriving Elgin area! This space is perfectly situated for businesses looking for a versatile workspace with great transportation options. With easy access to major highways getting anywhere from this location is a breeze. The space is ideally suited for dental or medical offices, featuring a layout that includes private treatment rooms and a reception area. The interior is well-maintained and move-in ready, featuring modern finishes. The lab area can also be converted into additional office or retail space, making it ideal for businesses that require a combination of workspace and showroom. In addition to dental or medical offices, this space can also be easily adapted to accommodate a range of other businesses, including retail shops, creative agencies, or tech startups. The space is flexible and can be customized to suit your specific needs and preferences. The building is equipped with heavy power, making it ideal for businesses that require high levels of electricity for specialized equipment. This makes the space perfect for medical or dental labs, as well as other businesses that require heavy power. The location is a major draw for this space, with high traffic road exposure offering excellent visibility and access to potential customers. Elgin is a growing and dynamic community with a thriving business district. The area offers a wide range of amenities, including restaurants, cafes, and retail shops, all within easy walking distance. Overall, this former medical office and lab space is an excellent choice for businesses seeking a versatile and well-maintained workspace in a prime location. Whether you're looking to lease or buy, this space is a top-quality option that shouldn't be missed.

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Commercial Active

Price

$ 975,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 36,225

Style

Commercial

Lot Size

1.19376

Year Built

1995

Town/City

Elgin

County/Region

Kane

MLS | Web ID

11655591

Features
General
Cooling Central Air
Utilities Electric to Site Gas to Site Water to Site
Roof Composition Membrane
Zoning RTAIL
Construction Materials Brick
Year Built 1995
Electric Circuit Breakers Over 600 Amps Power - 480V Three Phase
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Sewer
Stories 1
Township Elgin
Tax Year 2021
Current Use Commercial
Gross Income 0
County Kane
Net Operating Income 0
Operating Expense 40000
Property Type Commercial Sale Office/Tech
Possible Use Commercial
Status Active
Directions On Larkin Avenue West of McLean Blvd east of Randall Road
City Elgin
Total Units 1
MLS Area Elgin
Lot Size Square Feet 52000
Street Name Larkin
Tax Annual Amount 36225
Additional Parcels Y/N Y
Leasable Area 5400
Days on Market 366
Lease Type Modified Gross
Standard Status Active
Total Actual Rent 9900
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 5400
Lot Dimensions 173 X 346 X 170 X 305
Frontage Type City Street County Road US Highway
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Nbc Realty Inc

Broker

chicagohomes@yahoo.com

Email

Affordability Calculator

$9,829
Per Month
69%
31%
0%
Monthly Principal & Interest
$6,811
Monthly Property Taxes
$3,019
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/19/2022$975,000 Listed Price

Map


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1460 Larkin Avenue, Elgin, IL, 60123 is a Commercial Property for sale at $975,000 with 5,400 sqft and a lot size of 1.19376. 1460 Larkin Avenue is a studio with 0.0 baths and was built in 1995. The property's zip code is 60123 which is in Elgin, IL