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sales rep | Brivity IDX

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230 N McLean Boulevard , Elgin, IL 60123
$449,900
Est. Payment: $2,413.93/mo
0.5 Acres
Status: active | Days on site: 8
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30273 - 8912
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House Description

Mixed-use investment and redevelopment opportunity! This 3,674 SF building sits on a 0.5-acre corner lot with outstanding visibility along busy McLean Boulevard. The property consists of five total units, including four commercial storefronts and one second-floor apartment, offering an excellent opportunity for owner-occupants, investors, or those seeking additional rental income Zoned RB (Residence Business) and located within the ARC (Arterial Road Corridor) Overlay District, the property provides flexibility for a variety of permitted retail, office, service, and mixed-use opportunities (buyers should verify permitted uses with the City of Elgin). Formerly home to a florist/retail storefront, the building is well suited for continued commercial use, value-add improvements, or future redevelopment. Ideally situated near Town & Country Shopping Center, Elgin Fresh Market, Family Dollar, U.S. Route 20, Elgin Community College, Larkin High School, and just 1.8 miles from the Elgin Metra Station, this high-exposure location offers exceptional accessibility, strong traffic counts, and outstanding long-term investment potential

Highlights

Listed by Jesus Perez , 630-878-9064 Realty of America, LLC , 708-788-1900. Midwest Real Estate Data mls logo

Property Type

Commercial Sale

Lot/Acreage
0.5

Year Built

1900

County

Kane

Area

Elgin

Listing ID

12714227

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Interior Features

Exterior Features

Lot Dimensions:138x144
Zoning:COMMR
Principal Interest
$2,414
Taxes
$1,267

Home Price

$449,900

Loan Details

30 yrs
7.08%

Down Payment

20%
$89,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,413.93

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,413.93 $1,266.80 $0.00 $3,680.72
Yearly $28,967.11 $15,201.54 $0.00 $44,168.65
Total $869,013.20 $456,046.20 $0.00 $1,325,059.40
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Master Chief
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Market insight data is pulled from the same city as the listing being viewed (Elgin, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T02:55:04.000Z

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