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Mixed-Use Building with Storefronts
For Sale
$449,900

230 N McLean Boulevard, Elgin, IL 60123

Four commercial storefronts and an upstairs apartment create a flexible multi-unit configuration.

Property Size3,674 SF
Lot Size0.50 Acres
Price / SF$122.46
Days on Market17

Property Features for 230 N McLean Boulevard

General Information

Standard status Active
Size 3,674 SF
Lot size 0.50 Acres
Property subtype Commercial
Zoning COMMR

Additional Details

Corner Location Yes

Taxes and HOA fees

Annual Taxes $15,201

Building Details

Year Built 1900
Buildings 1
Stories 2
Units 5
Tenancy Multi
Listing Agency: Realty of America, LLC
Listed By: Jesus Perez · License #475164326
Source: Ozmentrealestate
Added: Jul 29 Changed: Aug 13 Last Checked: Aug 13 at 5:17AM

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 Realty of America, LLC

Investment Insights

Based on property information with market context.

This mixed-use building provides 3,674 SF across five units on a 0.5-acre corner lot. The property includes four commercial storefronts and one apartment on the second floor, creating a combination of commercial and residential space within the same building. A prior florist and retail use adds established commercial context, while the layout may support continued occupancy or physical repositioning.

The property fronts McLean Boulevard in Elgin and is included in the ARC Arterial Road Corridor Overlay District. Nearby destinations include Town & Country Shopping Center, Elgin Fresh Market, Family Dollar, U.S. Route 20, Elgin Community College, and Larkin High School. The Elgin Metra Station is 1.8 miles away.

Key Highlights

  • 3,674 SF mixed‑use building on a 0.5‑acre corner lot
  • Five total units: four commercial storefronts and one second‑floor apartment
  • Frontage along McLean Boulevard in Elgin

Property Analytics

Current Use

Larkin Floral (Bike/Boat/Book/etc) Store Larkin Floral & Gifts (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Locksmith Daycare Center (Bike/Boat/Book/etc) Store Electrical Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

652
Businesses Nearby

Demographics for 60123, IL

47,932
Population
18,129
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
14.0 sq mi
ZIP Area
3,424
Density / Sq Mi
$86,762
Median Household Income
$40,288
Median Earnings
$1,226
Median Rent
$242,200
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?
Mixed-use property - Four commercial storefronts and an upstairs apartment create a flexible multi-unit configuration.
Where is this mixed-use property located?
The property is located at 230 N McLean Boulevard Elgin, IL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 3,674 SF mixed‑use building on a 0.5‑acre corner lot; Five total units: four commercial storefronts and one second‑floor apartment; Frontage along McLean Boulevard in Elgin
More about this property
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