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Listing provided courtesy of Exit Realty RedefinedMREDas Distributed by MLSGrid- MLS# 12677162MLS Provider

13 N State StreetElgin, IL 60123

Commercial · 2,580 Sq. ft.
$239,000 Active

13 N State Street Overview

Time on Site:
16 days
Visits:
0

Prime mixed-use property in a highly visible location along Route 31 in the heart of downtown Elgin! This versatile building offers endless possibilities-operate your business on the main level while enjoying the convenience of living above, or maximize its income potential as a rental investment. With excellent exposure to heavy daily traffic, this property is ideal for entrepreneurs and investors alike. The building is ready for updates and customization, allowing you to add your own style and value. Newer roof provides added peace of mind. Don't miss this opportunity to own a well-positioned property in a thriving commercial corridor.

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13 N State Street Facts & Features

  • Type Commercial
  • Sq. ft. 2,580
  • Price/Sq.ft. $93

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1900

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Kane
  • MLS Area Major: Elgin
  • Township: Elgin

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $2,693.26
  • Tax Year: 2022

General Information

  • Parcel Number: 0614426006
  • Possible Use: Commercial,Retail
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 2580

General Information

  • Cooling: None
  • Electric: Circuit Breakers
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 22X60
  • Lot Size Square Feet: 1334

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 2

13 N State Street Neighborhood

Community

60123 (ELGIN) Demographics

37
Median Age
3,547
Population Density (per sq. mile)
33%
College Educated
$69,971
Estimated Median Income
11,675
Estimated Total Home Owners
5,640
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

13 N State Street Monthly Cost

$
$ %
%
$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

13 N State Street Market Data

Based on the last 30 days in this zip code

$347,658
Average List Price
$200
Average Price per Square Foot
33
Properties Sold
37
Average Days on Market
96
Properties for Sale
Calculations provided by Reliance Network

13 N State Street History

Date Event Value Agent
6/19/2026Source: MRED Status Change
Active
6/13/2026Source: MRED Added to Database
June 13, 2026
5/16/2024Source: MRED Status Change
Closed
4/24/2024Source: MRED Status Change
Contingent
4/19/2024Source: MRED Status Change
Active
4/14/2024Source: MRED Status Change
Re-activated
3/29/2024Source: MRED Status Change
Contingent
3/10/2024Source: MRED Status Change
Active
3/5/2024Source: MRED Added to Database
March 05, 2024
1/3/2023Source: MRED Status Change
Contingent
11/16/2022Source: MRED Status Change
Active
11/11/2022Source: MRED Price Reduction
$110,000 -8.3%
11/11/2022Source: MRED Status Change
Price Change
8/22/2022Source: MRED Status Change
Active
8/17/2022Source: MRED Added to Database
August 17, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022