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20-24 Douglas Avenue Elgin, IL 60120

View on Map
For Sale
$990,000

COMMERCIAL - Elgin, IL

Property size:
14,000 SF
Lot size:
0.19 Acres
Added:
Mar 9, 2026
Days on Market:
24
Last Refresh:
Apr 1 at 2:06 am

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

TaxYear
2024
TaxAnnualAmount
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

We can help!

Listing Contact
Ben Henrikson
Ben Henrikson

Listing agent Ben Henrikson License #475091643

Listing office RE/MAX Horizon 374 N McLean, Elgin, IL

Listing date Mar 9, 2026

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.


Overview

Elgin Two-Story Mixed-Use Building

The "Hines Building" is a recognizable two-story brick structure with 14,000 square feet situated on a corner lot. Currently utilized as an office building, the property offers potential for conversion into retail spaces on the first floor and residential units on the second floor. Remodeled in the 1990s, the building has been intentionally maintained and upgraded, featuring new roofs installed within the past four years, updated HVAC systems, and updated electrical wiring throughout. Many windows are Pella with 1" glass. A Generac backup generator is included. The water service has been upgraded and is prepared for the addition of sprinklers. 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. Multiple bathrooms and kitchenette spaces are located throughout the building. Ceiling heights reach 14 to 16 feet in many areas, complemented by tin ceilings. Original features are present alongside modernized upgrades. The property is located in downtown Elgin and includes 113 E. Highland Ave. with a PIN of 06-14-283-020. The lot size is 0.1909 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Elgin
County
Cook
State
Illinois
Longitude
-88.2842509
Latitude
42.0379464

FAQs

What type of property is this?
Mixed-use property - Two-story mixed-use building in downtown Elgin with multiple storefronts.
Where is this mixed-use property located?
The property is located at 20-24 Douglas Avenue Elgin, IL.
What is the asking price?
The asking price for this property is $990,000.
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 property suitable for office, retail, or residential conversion.; Recent upgrades include new roofs (past 4 years), updated HVAC, updated electrical with copper wiring, and new exterior paint.
More about this property
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