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New Minimum Bid/Published Reserve Price: $175,000 (Reduced from $195,000)
Buyer’s Premium: 6% ($40,000 minimum applies)
Cooperating Broker’s Commission: 2%
Lot Size: Approx. .52 acres
Building Size: Approx. 3,671 sf
2018 Taxes: $15,362.66
PIN #: 11-05-101-006
Zoning: B3-Office /Service District
This approximately 3,671 sf vacant, historical office building is prominently situated on an approximately .52 acre lot on Main Street (State Rt. 47), in Elburn, Illinois.
It is located just 5.5 miles North of I-88 and 2.8 miles from the Metro station.
Zoned B3-Office /Service District, this 1880‘s Queen Anne was converted from residential to office/service use and potentially could be converted back to residential (please confirm with the village zoning department if you intend to convert the property to residential).
This charming, walkup building has a layout that includes one (1) office, one (1) conference room, a kitchenette, and a waiting area on the first floor; and five (5) offices on the second floor. There are 3 washrooms. The building also has two (2) fireplaces, attic access, basement storage, ample parking (20 spaces), a one (1) two car garage, and a artist studio/work studio/storage. Original, custom built-ins and woodworking details throughout add to the overall character of this historic office building.
Notably, Elburn‘s eastern neighbors are the Tri-City communities of Geneva, Batavia & St. Charles.
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Total Bids Placed:
Auction has expiredAuction Expired because there were no bids
|Auction started||March 20, 2020 12:00 am CDT|
Bidding Starts: March 20, 2020 12:00 am CDT
Bidding Ends: March 20, 2020 3:00 pm CDT
Location: 303 N. Main Street, Elburn, IL, 60119
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