24 N Airlite Street Elgin, IL 60123

Active (3 Days)

$2,200,000 ^(USD)

BED

BATH

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Description

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.

MLS #:
12709330

Taxes
$7,524(2025)

Type
Multifamily

School District
46

County
Kane County

Listed By

Joan Junod, Millennium

Source
Midwest Real Estate Data
Last checked Jul 20 2026 at 10:21 AM GMT+0000

Bathroom Details

Heating and Cooling

Natural Gas

Basement Information

Unfinished
Cellar
Full
Exterior Entry

Utility Information

Utilities: Water Source: Public
Sewer: Public Sewer, Storm Sewer

Location

Map View | Street View

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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.

Based on information submitted to the MLS GRID as of 7/20/2026 10:21. 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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