11-15 N GROVE Avenue Elgin, IL 60120

$500,000
11-15 N GROVE Avenue, Elgin, IL 60120
09589168

Commercial Property for sale in Elgin, IL

for $500,000. This 7,392 square foot building was built on a lot size of 66X55X44X12X22X66.

Property Information

  • $500,000
  • Commercial
  • 7,392 Square Feet
  • Taxes are $10,197
  • Mixed Use
  • Active
  • 2 Floors
  • Lot size of 66X55X44X12X22X66
  • Elgin, IL
  • Kane County
  • MLS/Web ID is 09589168

Description

FORMER GASTHAUS RESTAURANT & BAR. 3696 SQ/FT. MAIN LEVEL RESTAURANT AND BAR PLUS 3696 SQ/FT. 2ND FLOOR WITH MANY OPTIONS PLUS 3696 SQ/FT. BASEMENT. 100+ CAR FREE CITY PARKING LOT NEARBY. SITUATED BETWEEN BUSY HIGHLAND AVE. AND CHICAGO ST. FOR EASY ACCESS AND GOOD VISIBILITY. NEXT TO ELGIN TOWER BUILDING REDEVELOPMENT PROJECT. SEE RESTAURANT FLOOR PLAN IN ATTACHED DOCUMENTS

Listed By

Broker: RE/MAX HORIZON

11-15 N GROVE Avenue, Elgin, IL, 60120 is a Commercial Property for sale at $500,000 with 7,392 sqft and a lot size of 66X55X44X12X22X66. 11-15 N GROVE Avenue has 0.0 baths. The property's zip code is 60120 which is in Elgin, IL

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Pricing History

Date Price Price Change Description
3/21/2018 $500,000 -16.67 % Price Change
4/8/2017 $600,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Elgin $338,434 32 % below $249,900 50 % below
Commerical listings in Elgin $673,157 35 % above $495,000 1 % below

Get the facts about Elgin, IL!

Population 111,527
Population Growth (since 2000) 19 %
Median Income $59,380
Median Age 34.72
Households w/ Children 39 %

Residential Dwellings

  • Owned 25501
  • Vacant 2679
  • Rented 10782

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or Call us at 1-800-839-1363