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
Price:
$1,950,000
MLS #:
MRD12759096
Status:
Active
Beds:
5
Baths:
2
Type:
Multi Family
Neighborhood:
elgin
Listed Date:
Sep 14, 2026
See this Listing
Schools
School District:
46
Interior
Heating
Natural Gas
Exterior
Construction Materials
Frame, Block
Parking Features
Yes
Parking Spots
4
Parking Total
4
Financial
Tax Year
2025
Taxes
$7,524
Map
Community
- Address24 N Airlite Street Elgin IL
- CityElgin
- CountyKane
- Zip Code60123
Market Summary
Current real estate data for Multi Family in Elgin as of Oct 08, 2026
6
Multi Family Listed
47
Avg DOM
$633,783
Avg List Price
Property Summary
- 24 N Airlite Street Elgin IL is a Multi Family for sale in Elgin, IL, 60123. It is listed for $1,950,000
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Copyright 2026. All rights reserved.
24 N Airlite Street
Elgin, IL

