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Mixed-Use Downtown Building
For Sale
Contact for pricing
Pending

11 Douglas Ave, Elgin, IL 60120

A five-unit building with two restaurant spaces and two office spaces, plus a separate luxury residence.

Property SizeContact for details
Days on Market141

Property Features for 11 Douglas Ave

General Information

Standard status Pending
Property subtype Retail

Units

Multifamily Units 1
Office Units 2
Listing Agency: REMAX Horizon
Listed By: Ben Henrikson · License #IL # 075091643
Source: Crexi
Added: Apr 12 Changed: Aug 15 Last Checked: Aug 29 at 4:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX Horizon

Investment Insights

Based on property information with market context.

This five-unit mixed-use building includes two restaurant spaces, two office spaces, and one luxury residence. The property also references “17 Douglas” as a separate PIN.

The offering is described as being in downtown Elgin, with many allowable commercial uses. The information provided also indicates residential use is permitted on the upper floors.

As configured, the building supports multiple on-site uses with commercial space at the street-level and residential occupancy within the same structure.

Key Highlights

  • 5‑unit building that includes "17 Douglas" on a separate PIN
  • Includes 2 restaurant spaces
  • Includes 2 office spaces

Property Analytics

Current Use

Illinois Solar Power Solar Energy Company Mortgage Compliance Consultants Financial Advisor CDO Executives LLC Consultant Integrity Light Metals ... Industrial Manufacturer HadlBran Digital Marketing Advertising Agency

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Auto Parts Store Electrical Service Storage Facility Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
1
Residential units

Location Intelligence

Trade Area within ½ mile

1,594
Businesses Nearby

Demographics for 60120, IL

50,799
Population
17,112
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
17.4 sq mi
ZIP Area
2,919
Density / Sq Mi
$80,305
Median Household Income
$37,495
Median Earnings
$1,250
Median Rent
$227,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - A five-unit building with two restaurant spaces and two office spaces, plus a separate luxury residence.
Where is this office units located?
The property is located at 11 Douglas Ave Elgin, IL.
What are key features of this property?
This property features: 5‑unit building that includes "17 Douglas" on a separate PIN; Includes 2 restaurant spaces; Includes 2 office spaces
More about this property
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