13N019 COOMBS Road Elgin, IL ^$ 899,000

13N019 COOMBS Road

^$ 899,000

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13N019 COOMBS Road

Elgin, IL, 60124

^$ 899,000

Studio Baths0.0 Sq 8,576

Monthly Estimate*

^$ 6,280

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Studio

Commercial Property for sale in Elgin, IL

for $899,000. This 8,576 square foot building was built in 1954 on a lot size of 2.52525.

ALL MASONRY 6456 SQUARE FOOT WAREHOUSE/SHOP PLUS A 2120 SQUARE FOOT ALL BRICK RANCH W/FULL BASEMENT. 2.86 ACRES TOTAL. BOTH THE BUILDING AND THE HOUSE HAVE BEEN EXTENSIVELY RENOVATED IN THE PAST SEVERAL YEARS. BUILDING HAS TWO 14' OH DOORS. NEW HVAC AND NEW 400 AMP ELECTRICAL SERVICE. BATH IN WAREHOUSE AND IN OFFICE WITH NEW SEPTIC SYSTEM. NEW FIRE ALARM SYSTEM. SEPARATE ONE CAR GARAGE. LARGE PARKING LOT. HOUSE AND OFFICE HAVE NEW ROOFS. WAREHOUSE ROOF HAS NEW COATING. HOUSE HAS BEEN UPDATED THROUGHOUT WITH ALL NEW FLOORING, NEW KITCHEN, NEW WINDOWS, A/C SYSTEM. FULL FINISHED BASEMENT. OVERLOOKS LOVELY LAKE. FLEXIBLE COUNTY ZONING (B3) ALLOWS MANY USES. 2ND PARCEL #06-07-100-022. IDEAL LIVE/WORK SITUATION OR JUST KEEP RENTING THE HOUSE FOR ADDITIONAL INCOME (CURRENTLY RENTED M-M.) WAREHOUSE WILL BE EMPTY AS OF 05-01-24.

Commercial Contingent

Price

^$ 899,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 16,094

Style

Commercial

Lot Size

2.52525

Year Built

1954

Town/City

Elgin

County/Region

Kane

MLS | Web ID

11986836

Features

General

Cooling Office Only

Utilities Electric to Site Gas to Site Septic-Private Well Private

Zoning COMMR

Construction Materials Brick

Year Built 1954

Electric Circuit Breakers Service - 201 to 600 Amps

Tenant Pays Electricity Heat

Stories 1

Township Elgin

Tax Year 2022

Current Use Commercial

Gross Income 83700

County Kane

Net Operating Income 67606

Operating Expense 16094

Property Type Commercial Sale Industrial

Contingency Financing

Possible Use Commercial Industrial

Status Contingent

Directions ROUTE 20 TO COOMBS N. TO PROPERTY (AT CORNER OF HIGHLAND)

City Elgin

Total Units 2

MLS Area Elgin

Lot Size Square Feet 110000

Street Name COOMBS

Tax Annual Amount 16094

Additional Parcels Y/N Y

Leasable Area 8576

Days on Market 31

Lease Type Gross

Standard Status Active Under Contract

Exterior

Building Area Total 8576

Lot Dimensions 346X315X321X447

Exterior Brick Block Stone

Interior

Street Suffix Road

* Excluded Features

List By

Re/Max Horizon

Broker

benhenrikson@remax.net;benhenrikson@gmail.com

Affordability Calculator

$7,621

Per Month

Monthly Principal & Interest: $6,280
Monthly Property Taxes: $1,341
Monthly Home Insurance: --

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Yearly 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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Nearby

Trends
Schools

Commerical listings in Elgin, IL

Average List Price ^$656,200

Percent of Sale Price 27%

About Elgin, IL

114,155 Population

21% Since 2002

^$61,828 Median Income

35.71 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/21/2024	$899,000		Listed Price

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13N019 COOMBS Road, Elgin, IL, 60124 is a Commercial Property for sale at $899,000 with 8,576 sqft and a lot size of 2.52525. 13N019 COOMBS Road is a studio with 0.0 baths and was built in 1954. The property's zip code is 60124 which is in Elgin, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/30/2024.

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13N019 COOMBS Road

Commercial Property for sale in Elgin, IL

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