$2,200,000

24 N Airlite Street, Elgin, IL 60123

Active
5 beds 0 baths Residential Income MLS #MRD12759096 1 days on market
Listing courtesy of Millennium · 847-697-5800 · joanjunod@comcast.net · MLS #MRD12759096 · Status: Active
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.

Property details

Interior

Basement
Unfinished, Cellar, Exterior Entry, Full
Total rooms
9

Building & exterior

Age
Unknown
Exterior
Frame, Block

Parking

Total spaces
4
Parking details
Yes

Lot & location

Lot dimensions
100x299.6
Township
Elgin
County
Kane

Utilities

Heating
Natural Gas
Water
Public
Sewer
Public Sewer, Storm Sewer

Schools

Elementary
(46)
Junior high
(46)
High school
(46)

Taxes & terms

Annual taxes
$7,524 (2025)
Parcel number (PIN)
0616401015
PIN
0616401015
Ownership
Fee Simple
Possession
Closing
Special conditions
Exceptions-Call List Office
Listed
9/14/2026

What would this home cost per month?

Using this listing's actual tax bill (2025) — adjust anything.

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Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

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Location

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Recently sold nearby

AddressBeds / BathsSoldPrice
92 N AIRLITE Street 3 bd / 2.5 ba Jul 2026 $385,000
136 Mckinstry Drive 3 bd / 3 ba Apr 2026 $350,000
11n312 Gale Street 2 bd / 1 ba Sep 2025 $270,000
10N980 Hawthorne Street 2 bd / 3 ba Oct 2025 $385,000

Sold data courtesy of MRED as distributed by MLS GRID; properties may be listed or sold by various participants in the MLS.

Similar homes nearby

$2,250,000
6 bd · 5.5 ba · 10,817 sqft
14N306 Highland Avenue, Elgin, IL 60123
Want to see this home?

The Dawn Simmons Team (RE/MAX Suburban) can show you any listed property and give you a straight answer on what it's really worth. Call/text Josh at (224) 628-4013.

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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