Corcoran Urban Real Estate
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3 Properties Within 0.5 miles of: 24 N Airlite, Elgin

24 N Airlite
Elgin, IL 60123

  • 5 Beds
Price

$2,200,000

Est Payment
$11,844 / month (details)  
Taxes
$7,524  
Beds
5  
Rooms
9  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
100x299.6  
Neighborhood
Elgin  
MLS
#12709330
Status
Active (8 days)

Property Description

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.

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Public
  • Sewer Public Sewer, Storm Sewer

Additional Information

Parking
4 Parking Spaces
Schools
District 46

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

07-18-2026 Listed at $2,200,000
Last Modified 7/24/26 12:05 AM

Nearby Transportation

  • Hwy 20 East 0.1 mi
  • Hwy 20 West 0.1 mi
  • I 90 East 2.9 mi
  • I 90 West 3.1 mi
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