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20-24 Douglas Avenue, Elgin, IL, 60120
Historic Mixed-Use Building

20-24 Douglas Avenue Elgin, IL 60120

For Sale
$990,000

Remodeled two-story brick building with multiple storefront addresses and office space, including updated HVAC and electric.

Property Size14,124 SF
Price / SF$70.09
Days on Market145

Property Features for 20-24 Douglas Avenue

General Information

Standard status
Active
Size
14,124 SF
Property subtype
Mixed Use

Building Details

Year Built
1881
Listing Agency: RE/MAX Horizon
Listed By: Ben Henrikson · License #475091643
Source: Xome
Added: Feb 28 Changed: Jul 23 Last Checked: Jul 23 at 9:17AM

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 RE/MAX Horizon


Investment Insights

Based on property information with market context.

A well-known two-story brick “Hines Building” includes multiple storefront addresses and interior office space. The property features main entries at 113 E. Highland, with additional adjoining storefront buildings along Douglas at 20, 22 and 24 Douglas, and the former bank space at 115 E. Highland. The second floor includes office space across the bank area and Douglas addresses, while the second floor of 20 Douglas is unfinished and vacant. Several restrooms and kitchenette areas are distributed throughout, and the basement is partially finished.

The building has undergone remodeling and ongoing upgrades since the 1990s, including new roofs with added insulation within the past four years, an updated HVAC system, updated electrical throughout with copper wiring, and new exterior paint. Many windows are Pella with 1-inch glass, and a Generac backup generator is included.

Ceiling heights in much of the building range from 14 to 16 feet with tin ceilings. The water main service has been upgraded and is set up for sprinklers to be added. This sale also includes 113 E. Highland Ave. (PIN 06-14-283-020).

Key Highlights

  • Remodeled 2‑story brick "Hines Building" totaling 14,000 SF on a corner lot with multiple storefront/addresses
  • First‑floor storefront spaces with multiple adjoining buildings along Douglas (20, 22, and 24), plus former bank space at 115 E. Highland
  • Second floor includes office space across the bank space and 22 and 24 Douglas; 20 Douglas second floor has unfinished vacant space

Property Analytics

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

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

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

FAQs

What type of property is this?
Office building - Remodeled two-story brick building with multiple storefront addresses and office space, including updated HVAC and electric.
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 $990,000.
What are key features of this property?
This property features: Remodeled 2‑story brick "Hines Building" totaling 14,000 SF on a corner lot with multiple storefront/addresses; First‑floor storefront spaces with multiple adjoining buildings along Douglas (20, 22, and 24), plus former bank space at 115 E. Highland; Second floor includes office space across the bank space and 22 and 24 Douglas; 20 Douglas second floor has unfinished vacant space
More about this property
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