76-80 S Grove & 77 Riverside Retail & Office | 76-80 S Grove Ave
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76-80 S Grove & 77 Riverside Retail & Office 76-80 S Grove Ave
27,066 SF 37% Leased Office Building Elgin, IL 60120 $1,999,000 ($74/SF)
Investment Highlights
- Historic charm
- Excellent visibility
- easy access to public transportation
Executive Summary
Located in the heart of downtown Elgin, this mixed-use property offers a prime opportunity for investors or owner-occupiers. Surrounded by thriving businesses, dining, and entertainment, 76-80 S Grove Ave features excellent visibility, historic charm, and easy access to public transportation and major highways. Ideal for retail, office, or residential development, this property is a rare find in a vibrant and growing area.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
27,066 SF
Building Class
C
Year Built/Renovated
1906/1992
Price
$1,999,000
Price Per SF
$74
Percent Leased
37%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,022 SF
Building FAR
2.30
Lot Size
0.27 AC
Zoning
CC-2, Elgin - Downtown Commercial zoning allows most Commercial uses including Rest./Bar/Venue/Entertainment/Retail/Office.
Amenities
- Atrium
- Property Manager on Site
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Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (78)
PROPERTY TAXES
Parcel Number | 06-14-433-030 | Improvements Assessment | $186,221 |
Land Assessment | $39,336 | Total Assessment | $225,557 |
PROPERTY TAXES
Parcel Number
06-14-433-030
Land Assessment
$39,336
Improvements Assessment
$186,221
Total Assessment
$225,557
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76-80 S Grove & 77 Riverside Retail & Office | 76-80 S Grove Ave
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