Exceptional redevelopment opportunity in Elgin. This property is a full gut rehab offering complete flexibility for investors, builders, or contractors. Currently framed for two units, each designed as 2 bedrooms and 1 bathroom. The interior has been fully stripped, with no plumbing, HVAC, or finishes in place, allowing for a fully customized rebuild. Exterior improvements have been completed within the last five years, and new electrical service (100 AMP) along with electrical boxes have already been installed. The basement requires structural repair to one wall. The sale includes two separate PINs, providing additional land value and potential for future expansion or redevelopment. Property is being sold strictly as-is. No repairs, credits, or survey will be provided. Taxes will be prorated at 100 percent. A strong opportunity for those prepared to take on a full renovation project.
Property Features
Parking
None
Other
Basement
Unfinished
Walk-Out Access
Heating Information
None
Water Features
Public
Listing Courtesy: Keller Williams Infinity - 630-778-5800
Based on information submitted to the MLS GRID as of 2026-04-19 23:50:50. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-04-19 23:50:50
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Market statistics compiled from data from Midwest Real Estate Data.
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008