24 N Airlite ST, Elgin, IL 60123
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Gibran Young

Gibran Young

+1(815) 276-1129
$ 2,200,000
Est. payment | /mo

5 Beds

2 Baths

49,299.44 Acres Lot

Save
$ 2,200,000
Est. payment | /mo
Save

5 Beds

2 Baths

49,299.44 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12709330

Bedrooms 5

Annual Tax Amount $7,524

Tax Year 2025

Lot Size 49299.441 Acres

Lot Dimensions 100x299.6

Property Sub-Type Two to Four Units

Property 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.

Location

State IL

County Kane

Area Elgin

Rooms

Basement Unfinished, Cellar, Exterior Entry, Full

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Frame,Block, No

Sewer Public Sewer, Storm Sewer

Water Public

Structure Type Frame,Block

New Construction false

Schools

School District 46 , 46, 46

Others

Ownership Fee Simple

Special Listing Condition Exceptions-Call List Office

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Joan Junod of  Millennium 
Gibran Young

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(815) 276-1129

gibran@gibranyoung.com

203 W Grant Hwy, Marengo, IL 60152-3036, USA

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24 N Airlite ST