by Crawford Realty LLC

Contact
316 Lawrence Avenue
Elgin, IL, 60123
$500,000
1 Beds
2 Baths
0 SqFt
0 Acres
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MLS #MRD12653994 image #0
We are pleased to offer this 5 unit apartment building. The owners have several long term tenants. The building has a basement and 5 car garage. The roof was new about 2 year ago. Updated railings to apartments 4 & 5 in past few years. #5 was recently remodeled.

Property Details

Price:
$500,000
MLS #:
MRD12653994
Status:
Active
Beds:
1
Baths:
2
Type:
Commercial
Neighborhood:
elgin
Listed Date:
May 28, 2026
Total Sq Ft:
2,634
Year Built:
1863
ElginElgin

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Schools

Interior

Exterior

Construction Materials
Wood, Frame
Roof
Composition
Stories
2

Financial

Maintenance Fee
$783
Net Operating Income
$30,280
Tax Year
2025
Taxes
$8,679

Map

Community

Market Summary

Current real estate data for Commercial in Elgin as of Jun 15, 2026
13
Commercial Listed
99
Avg DOM
$913,292
Avg List Price

Property Summary

    316 Lawrence Avenue Elgin IL is a Commercial for sale in Elgin, IL, 60123. It is listed for $500,000

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disclosure
Courtesy of Preferred Homes Realty. Disclaimer: Based on information submitted to the MLS GRID as of Jun-15-2026 2:24:37 pm. 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.

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316 Lawrence Avenue
Elgin, IL