Elgin Two-Story Commercial
20-24 Douglas Avenue Elgin, IL 60120
20-24 Douglas Avenue, Elgin, IL, 60120
$895,000
For Sale
$895,000
COMMERCIAL - Elgin, IL
Property Size14,000 SF
Lot Size0.19 Acres
Price / SF$63.93
Days on Market133
Property Features for 20-24 Douglas Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 0614283019
- Size
- 14,000 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 25459
Utilities
- Utilities
- Natural Gas Available
- Cooling system
- Central Air
Building Details
- Year built
- 1881
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick
Listing Agency
RE/MAX Horizon
(847) 931-7500
374 N McLean, Elgin, IL
Listed by
Ben Henrikson · License #475091643
(630) 215-6600
Added: Mar 9 Checked: Jul 19 at 6:06 am
MLS# 12588163
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story brick building, known as the "Hines Building," offers 14,000 square feet of space on a corner lot. Currently used as an office building, the property could be adapted for retail storefronts on the first floor and residential units on the second floor. Remodeled in the 1990s, the building has been intentionally maintained and upgraded, including new roofs with 6" insulation added in the past 4 years, updated HVAC systems, and updated electrical systems with copper wiring. The exterior has been repainted, and many windows are Pella with 1" glass. A Generac backup generator is included. The water main service has been upgraded and is set up for the addition of sprinklers. The building is designed with a main entrance at 113 E. Highland. There are three adjoining storefront buildings along Douglas (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. Multiple bathrooms and kitchenette spaces are located throughout. The ceiling height in much of the building is 14'-16' with tin ceilings. Original features are present alongside modernized upgrades. Also included in this sale is 113 E. Highland Ave. which has a PIN of 06-14-283-020. The lot size is 0.1909 acres.
Key Highlights
- High‑visibility, recognizable 14,000 SF brick building on a corner lot with multiple storefronts/addresses.
- Versatile space suitable for office, retail, or residential conversion.
- Recent upgrades include new roofs with 6" insulation, updated HVAC, updated electrical with copper wiring, and new exterior paint.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Two-story commercial building suitable for office, retail, or residential use.
Where is this office building located?
The property is located at 20-24 Douglas Avenue Elgin, IL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: High‑visibility, recognizable 14,000 SF brick building on a corner lot with multiple storefronts/addresses.; Versatile space suitable for office, retail, or residential conversion.; Recent upgrades include **new roofs with 6" insulation, updated HVAC, updated electrical with copper wiring, and new exterior paint.**
