Leave a Message

Thank you for your message. We will be in touch with you shortly.

105 S Grove Avenue
Bought with Mary Hager-Swanson with Swanson Real Estate and Listed by Daniel Hyman with Millennium Properties RE, Inc. 312-338-3000
$1,030,000

105 S Grove Avenue

39,350 Sq.Ft. 0.48 Acres

Description

IN PLACE 10% CAP RATE - A 39,350 square foot office building in the heart of downtown Elgin is available for sale. Partially leased to Kane County, this building has great potential to add value. Additional tenants include doctors, legal firms and non-profits including Senior Service Associates. The L-shaped building features frontage on both Grove and Fulton St., with an adjacent free lot for parking. There is a common area break room and an elevator. A turn-key 2,700 square foot dental office and a 2,100 square foot office with riverviews are available.

Share Property

Location

105 S Grove Avenue, Elgin, IL 60120

Status

Sold

Date Sold

September 11, 2024
Mary Hager-Swanson

Mary Hager-Swanson

TITLE

Managing Broker

Property Amenities

Area & Lot
Total area 39,350 Sq.Ft.
Lot Area 0.48 Acres
Living area 39,350 Sq.Ft.
MLS® ID 10557636
Year Built 1960
Type Commercial
Status Sold
Exterior
Stories 2
Air conditioning Central Individual
Finance
Sales Price $1,030,000
Real Estate Tax $29,284 yearly

Work With Us

We pride ourselves in providing personalized solutions that bring our clients closer to their dream properties and enhance their long-term wealth.