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    Elgin, IL
    Live - Work Space

    Elgin, IL Live-work Space for Sale

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    Mixed-Use Live-Work Property
    Updated: Jun 4
    Mixed-Use Live-Work Property

    435 Washington Street, Elgin, IL 60123

    $279,000
    0.44 AC lot
    Mixed‑use property with residential and commercial components under RB (Residence/Business) zoning for residential, business, or a combination
    Updated 2‑bed, 2‑bath residence leased for $1,900/month, providing immediate rental income
    Separate brick commercial building at 530 W. Highland Ave with a spacious main‑level room and a basement for storage or expansion
    Commercial building includes a convenient half bath and is currently vacant
    Window unit(s) cooling; home year built 1925
    View details
    Downtown Mixed-Use Building
    Updated: Jun 14
    Downtown Mixed-Use Building

    13 N State Street, Elgin, IL 60123

    $239,000
    Mixed‑use building built in 1900 with business space on the main level and living space above
    Located along Route 31 in downtown Elgin, with exposure to heavy daily traffic
    Newer roof
    Ready for updates and customization to add your own style and value
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Mixed-Use Commercial Building
    Historic Mixed-Use Commercial Building

    111 W Railroad Avenue NW, Bartlett, IL 60103

    $420,000
    2,300 sqft 0.12 AC lot

    Historic building offering multi-level office with treatment rooms, separate-access lower level, and private parking/garage.

    View details
    Mixed-Use Property with Commercial Space
    Mixed-Use Property with Commercial Space

    8621 US Highway 12, Richmond, IL 60071

    $224,990
    0.50 AC lot

    Mixed-use property on heavily trafficked US RT 12 with an attached commercial area and separately metered services.

    View details
    Mixed-Use Live/Work Retail Building
    Mixed-Use Live/Work Retail Building

    8621 US Highway 12, Richmond, IL 60071

    $224,990
    0.50 AC lot

    Separately metered commercial space attached to a two-bedroom home with two HVAC systems and 200-amp electric.

    View details
    Downtown Mixed-Use Office Building
    Downtown Mixed-Use Office Building

    111 W Railroad Avenue, Bartlett, IL 60103

    $420,000
    0.12 AC lot

    Historic three-level office building with separate access lower level, parking, and a garage/workshop across from Metra.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Kalamazoo Land For Sale
    Kalamazoo Land For Sale

    209 E North Street, Kalamazoo, MI 49007

    $55,000
    0.16 AC lot

    Land zoned Live Work 1 with downtown views.

    View details
    Parking Lot and Events Site
    Parking Lot and Events Site

    407 Turner Avenue NW, Grand Rapids, MI 49504

    $1,475,000
    7,316 sqft 0.32 AC lot

    City Center zoned parking property positioned for event and hospitality adjacent demand, with shuttle access to downtown venues.

    View details
    Ludington Waterfront Development Opportunity
    Ludington Waterfront Development Opportunity

    W Danaher St, Ludington, MI 49431

    $245,000
    0.19 AC lot

    Prime Ludington building site with flexible mixed-use zoning.

    View details
    Spacious Commercial Building on M-65
    Spacious Commercial Building on M-65

    4271 N M-65, Hale, MI 48739

    $480,000
    5,500 sqft 4.00 AC lot

    Large commercial building with living space on heavily traveled M-65.

    View details

    Elgin, IL Live-Work Space Market Trends and Statistics

    Explore 2 live-work space for sale in Elgin, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $518,000.

    Sale prices for live-work properties in Elgin, IL start at $239,000, averaging $259,000, and reaching up to $279,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 39
    Medical Office Space 17
    Office buildings 12
    Coworking space 1
    Creative space 1

    Demographics Overview

    Population 124K
    Population Growth (5Y) +2.9%
    Median Household Income $93,679
    College Educated 31.3%

    High-Yield Neighborhoods for Investment

    Identify Elgin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60123 $279K

    Taxes & Financing

    Tax Rate (average for all types) 9.70%
    Property Tax per SF $55.97 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Elgin fall within the 100,000+ square foot range.

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