MLS#12669192
STATUSNew
PROPERTY TYPECommercial - Business
Property Description
Exceptional opportunity to own a versatile mixed-use property featuring both residential and commercial components under flexible RB (Residence/Business) zoning, allowing for residential use, business use, or a combination of both. The residential portion consists of a well-maintained and updated 2-bedroom, 2-bath home currently leased at $1,900 per month, providing immediate rental income. Also included is a separate brick commercial building located at 530 W. Highland Ave., presenting excellent potential for an owner-occupant business, office, studio, retail space, or additional income-producing use. The building features a spacious main-level room, a basement for storage or expanded functionality, and a convenient half bath. The commercial space is currently vacant, creating an opportunity to customize for your needs or secure a new tenant. Whether you're an investor seeking diversified income streams, an entrepreneur looking to operate a business steps from home, or a buyer exploring redevelopment and value-add possibilities, this property offers flexibility, visibility, and long-term potential.
Property Features
Property Type: Commercial - Business
Cooling: Window Unit(s)
Lot Size: 0.44 Acres
Stories: 1.0
Taxes: $3,154
Year Built: 1925
Feature Descriptions
Electric: Service - 0 to 100 Amps
Fire Protection: None
HVAC: Central Heat/Indiv Controls
Lot Dimensions: 164.70X103X115
Parcel#: 0614257013
Units: 2
Listed By / Shown By
Listed By
Agency Name: Charles Rutenberg Realty of IL
Agency Phone: 630-929-1100
Shown By
Agent Name: Melody Williams
Agent Phone: (815) 505-9284
Agency Title: Gambino Realtors
Melody Williams
Office: (815) 282-2222 ext. 1726
Cell: (815) 505-9284
Fax: (815) 282-2268
Direct: (815) 316-4050
Email Me
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435 Washington Street | MLS# 12669192
This commercial property located at 435 Washington Street , Elgin, IL 60123 is currently listed for sale with an asking price of $279,000. Search Elgin real estate on melody.gogambino.com today.