Property photo 1
5 Beds
2 Baths

$2,200,000

24 N Airlite Street, Elgin IL, 60123

Property typeMulti-family
Listed by Joan Junod with Millennium 847-697-5800

Overview

Active

New

Listed Sep 14, 2026

Updated 3 days ago

This duplex is to be taken down. This parcel has been approved for 20 two bedroom apartments with 38 garages underneath. all electric apartments. Elevator to 3 floors . underground detention system already installed. It took 6 years to rezone to a planned unit development. All architectural prints have been approved. This is a 3 story building about 34248 sq ft. with garages. Extra storage in the garages. Civil engineering and electric engineering done.Bids are in and ready for new owner. permits to start are waiting. Plans are available. Monthly income for this new building should be $50000 a month or more. call with all questions.

$14,637/mo

Est. mortgage payment based on a $2,200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12759096

Interior Features

Bedrooms
5
Bathrooms
2
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$7,524
Tax Frequency
Annually
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Listed by Joan Junod with Millennium 847-697-5800

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Data is refreshed every 3 hours. Listing last updated 4:25 AM UTC on 9/15/2026. 

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