IL
Kane
Elgin
60123
435 Washington Street
435 Washington Street, Elgin, IL 60123
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Listing Type
Commercial/Industrial
Listing Status
Active
4
$279,000

Home Details for 435 Washington Street

Price
$279,000
Type
Commercial Sale
Year built
1925
County
Kane
MLS Listing#
12669192
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
  • Cooling Information
    • Window Unit(s)
Listing Courtesy: Charles Rutenberg Realty of IL - 630-929-1100
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-06-06 02:50:21. 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: 2026-06-06 02:50:21
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008
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773 250 7410
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