You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Mixed-use properties

601 Hill Ave Elgin, IL 60120

1,594 SF
Property ID
Property summary
AI-generated overview

This exceptional 1,594 square foot mixed-use property at 601 Hill Avenue in Elgin, Illinois presents a unique investment opportunity. Currently operating as a church, it's zoned CF (Community Facility), allowing for a wide range of potential uses including financial institutions, insurance agencies, real estate offices, schools, and educational services. The main floor boasts a spacious, open meeting area (27' x 38') ideal for various configurations, previously used as a sanctuary, featuring 10-foot ceilings. Additional main floor space includes a small AV room, a dedicated office, and a classroom area (12' x 18'). The lower level offers significant added functionality with an open kitchen, a recreation area, and two bathrooms. The building is equipped with central air conditioning and gas/forced air heating. Currently enjoying a tax-exempt status, this property offers substantial financial advantages. The property sits on a large, fully fenced corner lot, providing ample space and excellent visibility. This versatile property is ready for its next chapter, offering a compelling blend of functionality, location, and financial benefits. Its adaptability makes it an attractive prospect for a diverse range of businesses and organizations seeking a well-maintained space in a thriving Elgin community.

Property profile
Verified
Property type Mixed-use properties
Total area 1,594 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 601 Hill Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message