Value Add Potential Investment

30 Dupage Court, Elgin, IL

$600,000

Price

30,226 sqft

Building Size

C

Class

Gallery
Street
Map
Overview
Building Size
30,226 sqft
Class
C
Floors
3
Description

PROPERTY DESCRIPTION
30 DuPage Court is a three story building in Downtown Elgin. The property has a retail aspect on the first floor, which includes an additional fully finished basement, and is occupied by a jazz club. The second and third floors are approximately 8,348sf each wide open, partially raw space. Access to the second and third floors is via the large, open alley at the back of the building. This historic mixed-use building is adjacent to 40 DuPage Court, a 30,000sf multi-tenant building also for sale by the same seller. Alone, 30 DuPage Court could be great for loft style offices or indoor self storage, or combined with 40 DuPage Court could be a great residential/condo conversion. The 2nd and 3rd floor are accessed by the rear entry door. There is abundant parking available in the rear parking lot. The building has elevator service to the 2nd and 3rd floors along with stairs. These spaces are excellent for office or could be used for alternate uses like self storage, given the open space and excellent downtown proximity to multi-family condos and apartments.

LOCATION OVERVIEW
Excellent location in downtown Elgin and just steps from the Metra with free public parking surrounding the property. The complex is conveniently located with prominent visibility and foot traffic in Elgin's historic district across from the Fox River and fronts the beautiful and well landscaped pedestrian court providing a relaxing atmosphere with seating areas, adjacent to restaurants and entertainment and just blocks from the Grand Victoria Casino. The property is easily accessible from I-90 to the north, with direct access off of Lake Street (IL Rt. 20), a major North-South highway. From the south, IL Route 31 accesses Lake Street. The City of Elgin is bordered by South Elgin, Streamwood, Bartlett, and West Dundee. Downtown Elgin is a robust area currently making a turn around economically with several new multi-family housing projects, a beautiful river walk and very popular casino.

Highlights
  • Available for Sale or Lease
  • Excellent Value-Add Opportunity
  • Conveniently Located in Downtown Historic Elgin
Documents
Title
Offering_Memorandum.pdf
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Location
Gallery