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    Elgin Two-Story Commercial Building Title is generated by Realmo AI

    20-24 Douglas Avenue, Elgin, IL 60120

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    For Sale
    $895,000

    COMMERCIAL - Elgin, IL

    Property size:
    14,000 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $63/SF
    Added:
    Mar 9, 2026
    Days on Market:
    116
    Last Refresh:
    Jul 2 at 9:06 pm

    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

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    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.

    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.
    • Features a Generac backup generator and upgraded water main service ready for sprinkler system installation.
    • Original architectural details such as 14'-16' tin ceilings combined with modernized upgrades.
    • Includes additional property at 113 E. Highland Ave (PIN: 06‑14‑283‑020).

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Big Box & Wholesale Store Hotel & Motel Real Estate Agency Discount Store Gym & Fitness Center Auto Parts Store Department Store Skin Care Clinic Storage Facility Kitchen & Bath Showroom

    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?
    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.**
    More about this property
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