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Listing provided courtesy of Realty of America, LLCMREDas Distributed by MLSGrid- MLS# 12510380MLS Provider

314 W Chicago StreetElgin, IL 60123

Commercial
$700,000 Active

314 W Chicago Street Overview

Time on Site:
223 days
Visits:
7

This unique opportunity features auto body shop plus a 5-bedroom, 2-bath home on the same property. The shop offers five bays, a spray booth, an office, and ample parking. Please contact the listing agent directly-do not disturb tenants. Serious and qualified buyers only. Please call City of Elgin for other possibilities with this property.

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314 W Chicago Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: N/A
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 0

Business Information

  • Current Use: Automotive

Location/Region

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

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Sewer

Tax Information

  • Tax Annual Amount: $5,788.51
  • Tax Year: 2024

General Information

  • Parcel Number: 0614405012
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Zoning: OTHER

Interior

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 66X132
  • Lot Size Square Feet: 0

General Information

  • Number Of Units Total: 2

314 W Chicago 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.

314 W Chicago 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.

314 W Chicago 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

314 W Chicago Street History

Date Event Value Agent
11/23/2025Source: MRED Status Change
Active
11/18/2025Source: MRED Added to Database
November 18, 2025