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24 N Airlite Street Elgin, IL $ 2,200,000
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24 N Airlite Street
$ 2,200,000
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24 N Airlite Street

Elgin, IL, 60123
$ 2,200,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 13,891

​

Multi-Family Home for sale in Elgin, IL

for $2,200,000 with 5 bedrooms and 2 full baths. The lot size is 73882.

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.

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,524

Style

Lot Size

73882

Town/City

Elgin

County/Region

Kane

MLS | Web ID

12709330
Features
General
Sewer Public Sewer Storm Sewer
Heating Natural Gas
Possession Closing
Construction Materials Frame Block
Township Elgin
Tax Year 2025
Ownership Fee Simple
County Kane
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 9
Status New
Directions Randall Rd to Foothill Rd east to Airlite north to 24 N Airlite
City Elgin
High School District 46
MLS Area Elgin
Tax Annual Amount 7524.26
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 46
Elementary School District 46
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Interior
Basement Unfinished Cellar Exterior Entry Full
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Public
Total Parking 4
Lot Dimensions 100x299.6
Lot Size Acres 73882
Waterfront Y/N N
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* Excluded Features
List By
Millennium

Broker

joanjunod@comcast.net

Email

Affordability Calculator

$14,518
Per Month
96%
4%
0%
Monthly Principal & Interest
$13,891
Monthly Property Taxes
$627
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
567545 Elementary School
566729 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/19/2026$2,200,000 Listed Price

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24 N Airlite Street, Elgin, IL, 60123 is a Multi-Family Home for sale at $2,200,000 with a lot size of 73882. 24 N Airlite Street has 5 bedrooms and 2.0 baths. The property's zip code is 60123 which is in Elgin, IL

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