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164-66 N Gilbert Street South Elgin, IL $ 365,000
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164-66 N Gilbert Street
$ 365,000
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164-66 N Gilbert Street

South Elgin, IL, 60177
$ 365,000
Baths0.0 Sq 3,960

Monthly Estimate*

$ 2,186

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Studio

Commercial Property for sale in South Elgin, IL

for $365,000. This 3,960 square foot building was built in 1971 on a lot size of 0.4.

AMAZING, OPPORTUNITY TO OWN GREAT COMMERCIAL SPACE NEAR DOWNTOWN SOUTH ELGIN!! This well-maintained building is located in a great quiet neighborhood! There is so much potential to run different businesses here! This is a great investment opportunity, the property can be split into 2-3 units. Extremely versatile space could potentially be used as office space, retail, or restarant! Current owner has put a lot of money into updating the property. Newer side roof within last 5 years and flat roof is 10 years old. Newer HVAC installed. Hurry and schedule your showing today!

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Commercial Active

Price

$ 365,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,936

Style

Lot Size

0.4

Year Built

1971

Town/City

South Elgin

County/Region

Kane

MLS | Web ID

12168134
Features
General
Cooling Central Air
Zoning COMMR
Year Built 1971
Electric Circuit Breakers
Tenant Pays Other
Stories 1
Township Elgin
Property SubType Medical Office Other
Tax Year 2023
Gross Income 0
County Kane
Net Operating Income 0
Operating Expense 1920
Property Type Commercial Sale Office/Tech
Possible Use Commercial Industrial Office and Research
Status New
Directions State St to Gilbert St N to Property
City South Elgin
NumberOfUnitsTotal 2
MLS Area South Elgin
Lot Size Square Feet 17424
Tax Annual Amount 7936.32
Additional Parcels Y/N N
Leasable Area 3960
Days on Market 2
Standard Status Active
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Exterior
Building Area Total 3960
Lot Dimensions 132X132
Lot Size Acres 0.4
Frontage Type City Street
Exterior Cedar
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* Excluded Features
List By
Suburban Life Realty, Ltd

Broker

lysienma@suburbanliferealty.com

Email

Affordability Calculator

$2,847
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,186
Monthly Property Taxes
$661
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/20/2024$365,000 Listed Price

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164-66 N Gilbert Street, South Elgin, IL, 60177 is a Commercial Property for sale at $365,000 with 3,960 sqft and a lot size of 0.4. 164-66 N Gilbert Street is a studio with 0.0 baths and was built in 1971. The property's zip code is 60177 which is in South Elgin, IL

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