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881 E Chicago St
Elgin, IL 60120
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
26,500 SF
Building Class
B
Year Built
1981
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
3.28 AC
Zoning
C-1
Parking
400 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
287’ on E Chicago St
About 881 E CHICAGO ST , ELGIN, IL 60120
The dealership was remodeled in 2016 with a new roof, new asphalt, tile floors, and painting. There are 2 separate showrooms with a repair center located between them. There are 10 lifts, touch up area, drain, large OH doors, and service center. The sales area has plenty of open space to show cars as well as numerous offices. New LED lighting and security system recently installed. Room to house over 400 cars with 287' on Chicago St. The lot is 3.28 acres with a larger than normal street sign to be used. Above the sales center is numerous offices 3,000 sf with a separate entrance that could be part of the dealer or leased out (for additional income). Fenced rear area for cars/trucks. 2018 Tax bill was $74,746.90.
Property Taxes
| Parcel Number | 06-18-302-068-0000 | Improvements Assessment | $370,555 |
| Land Assessment | $235,695 | Total Assessment | $606,250 |
Property Taxes
Parcel Number
06-18-302-068-0000
Land Assessment
$235,695
Improvements Assessment
$370,555
Total Assessment
$606,250
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