Building Details

Year Built 1972

Stories 2

Tenancy Multi

Listing Agency: Kale Realty j***@hotmail.com Show Phone

Listed By: Jayesh Parekh · License #475149245 Show Phone

Source: Compass

Added: Jun 19 Changed: Aug 8 Last Checked: Jul 24 at 1:16PM

Report an Issue

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 Kale Realty

Investment Insights

Based on property information with market context.

This is a six-unit apartment building with an all-electric configuration. The property is described as a low-vacancy asset.

The offering is located at 75 North Lyle Avenue in Elgin, Illinois.

The building consists of six residential units and is presented for sale as an all-electric multifamily investment.

Key Highlights

• Six‑unit apartment building
• All‑electric building
• Built in 1972

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Electrical Service Bakery Auto Parts Store Daycare Center

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

6

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,131

Businesses Nearby

Explore this area Business Placement

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 Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Shadow-Anchored Retail Strip Center

2-16 Tyler Creek Plaza, Elgin, IL 60123

$3,324,000

10,825 SF

View details

Historic Mixed-Use Building

20-24 Douglas Avenue, Elgin, IL 60120

$795,000

14,124 SF

View details

Mixed-Use Building with Storefronts

230 N McLean Boulevard, Elgin, IL 60123

$449,900

3,674 SF

View details

Flex Warehouse with Drive-In Doors

1175 Jansen Farm Court, Elgin, IL 60123

$2,000,000

12,400 SF

View details

Ground-Floor Office Units

2000 Larkin Avenue #102-103, Elgin, IL 60123

$150,000

1,495 SF

View details

Single-Story Brick Office Building

530 N Mclean Boulevard, Elgin, IL 60123

$389,000

0.26 Acres

View details

Brick Mixed-Use Building

20-24 Douglas Avenue, Elgin, IL 60120

$795,000

0.19 Acres

View details

Flex Building With Loading Capacity

1175 Jansen Farm Court, Elgin, IL 60123

$2,000,000

1.12 Acres

View details

Industrial Service and Storage Building

640 Varsity Dr., Elgin, IL 60120

Contact for pricing

12,120 SF

View details

Ground-Floor Office Unit

2000 Larkin Avenue #102, Elgin, IL 60123

$80,000

978 SF

View details

Industrial Distribution Facility with Dock Doors

1400 Abbott Dr, Elgin, IL 60123

Contact for pricing

170,216 SF

View details

Retail Storefront with High Visibility

263 Randall Road, Elgin, IL 60123

Contact for pricing

1,600 SF

View details

Frequently Asked Questions

What type of property is this?

Apartment building - Six-unit all-electric apartment building offered for sale in Elgin.

Where is this apartment building located?

The property is located at 75 North Lyle Avenue Elgin, IL.

What is the asking price?

The asking price for this property is $930,000.

What are key features of this property?

This property features: Six‑unit apartment building; All‑electric building; Built in 1972