24 N Airlite Street, Elgin, IL 60123

Elgin
Local realty services provided by:ERA Partners
24 N Airlite Street,Elgin, IL 60123
$1,950,000
  • 5 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: joan junod
Office: millennium
MLS#:12759096
Source:MLSNI

Price summary

  • Price:$1,950,000

About this home

This duplex is to be taken down. This parcel has been approved for 20 two bedroom apartments with 38 garages underneath. all electric apartments. Elevator to 3 floors . underground detention system already installed. It took 6 years to rezone to a planned unit development. All architectural prints have been approved. This is a 3 story building about 34248 sq ft. with garages. Extra storage in the garages. Civil engineering and electric engineering done.Bids are in and ready for new owner. permits to start are waiting. Plans are available. Monthly income for this new building should be $50000 a month or more. call with all questions.

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Home facts

  • Listing ID #:12759096
  • Updated:September 27, 2026 at 11:28 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:9
  • Basement Description:Cellar, Full, Unfinished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Lot area:73882 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,950,000
  • Tax amount:$7,524 (2025)

Parking

  • Total parking spaces:4
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Frank Scibior

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