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    1 American Way

    Elgin, IL 60120
    • $749,900
    • STATUS: Active
    • ON SITE: 32 days
    • MLS #: 10835952
    UPDATED: 48 min ago
    $749,900
    • 0
      BEDS
    • 0.59
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,728
      SQFT
    • $86
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1988
    County:
    Area:

    School Ratings & Info

    Description

    FREESTANDING 8,728 S.F. MEDICAL/ OFFICE USAGE SPACE. SOLID BRICK CONSTRUCTION BUILT IN 1988. THIS ELEVATOR BUILDING CURRENTLY CONSIST OF 4 SEPERATE UNITS. 2 LOWER LEVEL UNITS APPROX 2000 S.F. AND 1500 S.F. 2 UPPER LEVEL UNITS EACH WITH APPOX 1720 S.F. UNITS CAN BE COMBINED AS WELL. ALL UNITS HAVE INDIVIDUAL UTILITIES. COMMON AREA ADA APPROVED WASHROOMS ON EACH LEVEL. PLENTY OF PARKING SPACES. 165 FT OF FRONTAGE ON RT 58 (SUMMIT). FLOOR PLANS ATTACHED. UNITS AVAILABLE FOR LEASE (MODIFIED GROSS CONSIDERED) OR COMPLETE BUILDING IS AVAILABLE FOR SALE. TAXES REFLECT NON FOR PROFIT STATUS OWNERSHIP

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2020-09-28T16:52:17.62 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1 American Way Elgin, IL 60120

    • Price: $749,900
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 10835952
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.59
    Acres
    8,728
    SQFT
    $86
    $/SQFT
    1988
    Built
    Neighborhood:
    Elgin
    County:
    Cook
    Area:
    Elgin
    Property Description
    FREESTANDING 8,728 S.F. MEDICAL/ OFFICE USAGE SPACE. SOLID BRICK CONSTRUCTION BUILT IN 1988. THIS ELEVATOR BUILDING CURRENTLY CONSIST OF 4 SEPERATE UNITS. 2 LOWER LEVEL UNITS APPROX 2000 S.F. AND 1500 S.F. 2 UPPER LEVEL UNITS EACH WITH APPOX 1720 S.F. UNITS CAN BE COMBINED AS WELL. ALL UNITS HAVE INDIVIDUAL UTILITIES. COMMON AREA ADA APPROVED WASHROOMS ON EACH LEVEL. PLENTY OF PARKING SPACES. 165 FT OF FRONTAGE ON RT 58 (SUMMIT). FLOOR PLANS ATTACHED. UNITS AVAILABLE FOR LEASE (MODIFIED GROSS CONSIDERED) OR COMPLETE BUILDING IS AVAILABLE FOR SALE. TAXES REFLECT NON FOR PROFIT STATUS OWNERSHIP
    Exterior Features

    Construction Brick Frontage Access City Street Lot Dimensions 161 X 164 Lot Sq Ft 26120 Number Of Parking Spaces 35 Number Of TLDocks 0 Roof Coverings Shingle Composition Roof Structure Gable

    Interior Features

    Air Conditioning Central Air Fire Protection Smoke Or Fire Protectors Number Of Drive In Doors 0 Number Of Stories 2

    Property Features

    Age 26-35 Years Built Before1978 YN No Current Use Office And Research Electrical Service Circuit Breakers Estimated Cam SF 1 Expense Year 2018 Geographic Locale Northwest Suburban Gross Rentable Area 8700 Gross Rental Income Amount 24720 Heat Ventilation Forced AirGas Investment YN Yes Lease Type Net Max Avail Sq Ft Rentable 2100 Min Avail Sq Ft Rentable 1720 Miscellaneous Outside Fire Escape Net Oper Income Amount 19200 Net Rentable Area 7000 Number Of Tenants 1 Property Offered For Sale Or Rent Rental Price 14 Tax Year 2019 Taxes 4445.00 Tenant Pays Common Area MaintenanceElectricHeatReal Property Taxes Total Annual Exp 5520 Total Annual Income 24720 Township Hanover Unincorporated YN No Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Royce Group Real Estate Co..


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2020-09-28T16:52:17.62 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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