20-24 Douglas AVE, Elgin, IL 60120
20-24 Douglas AVE, Elgin, IL 60120
20-24 Douglas AVE, Elgin, IL 60120
20-24 Douglas AVE, Elgin, IL 60120
20-24 Douglas AVE, Elgin, IL 60120
20-24 Douglas AVE, Elgin, IL 60120
See all 26 photos

$700,000

$795,000

11.9%
Est.Price: ?

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Est. payment /mo

14,124 SqFt


SOLD DATE : 10/22/2026

Key Details

Sold Price $700,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 14,124 sqft

Price per Sqft $49

MLS Listing ID 12588163

Sold Date 10/22/26

Year Built 1881

Annual Tax Amount $25,459

Tax Year 2024

Lot Dimensions 66x126

Property Sub-Type Mixed Use

Property Description

Outstanding and very recognizable "Hines Building" Brick 2 Story with 14000 SF on a corner lot with multiple storefront/addresses. Currently being used as an office building but could easily be retail store spaces on the first floor and converted to residential use on the second floor. This building was completely remodeled in the 90's and has been maintained and upgraded intentionally since that time. New roofs on all the buildings with 6" insulation added in the past 4 years. Updated HVAC system's. Updated Electric throughout with copper wiring. New Exterior paint. Many of the windows are Pella with 1" glass. There is a Generac back up generator. The water main service was upgraded and is set up for sprinklers to be added. The building is designed with a main entrance at 113 E. Highland. There are three storefront buildings along Douglas that are currently adjoining (20,22 and 24). The address 115 E. Highland is for the former bank space. The second floor of the bank space and 24 and 22 Douglas are all office space. The second floor of 20 Douglas is unfinished vacant space. The basement is partially finished. There are multiple baths and kitchenette spaces throughout. The ceiling height in much of the building is 14'-16' with tin ceilings. Beautiful original features as well as modernized upgrades. This building embodies an important place in downtown Elgin's history and it has been lovingly cared for and maintained, making it the perfect investment for the next owner. Also included in this sale is 113 E. Highland Ave. which has a PIN of 06-14-283-020.

Location

State IL

County Kane

Area Elgin

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected

Building

Water Municipal Water

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Ben Henrikson of  RE/MAX Horizon 
Bought with Ben Henrikson of RE/MAX Horizon

Nearby Locations

Legacy Properties

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