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Location: 303 N. Main Street, Elburn, IL, 60119
UPCOMING AUCTION  Bidding period to be scheduled

Historical Office Building located in Elburn, IL

UNDER CONTRACT/CONTINGENT

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.

**3 STEPS REQUIRED TO REVIEW PROPERTY DOCUMENTS IN THE VAULT: 1) REGISTER ON OUR WEBSITE; 2) GO TO THE DOCUMENTS TAB, CLICK ON DOCUMENT & ACCEPT THE CONFIDENTIALITY AGREEMENT TERMS BY ENTERING YOUR PASSWORD; 3) DOWNLOAD THE DOCUMENT 

View Property Flyer (PDF)

View Terms and Conditions (PDF)

View Purchase and Sale Agreement (PDF)

 

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