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    601 Hill Ave Elgin, IL 60120
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    601 Hill Ave, Elgin, IL 60120

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    • Mixed-use properties
    • 1,594 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Mixed-use properties

    Property Details for 601 Hill Ave

    Property type
    Mixed-use properties

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Elgin
    County
    Kane
    State
    Illinois
    Longitude
    -88.2704
    Latitude
    42.0486
    More about this property
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