Multifamily Housing
85 South Crystal Street Elgin, IL 60123
Details & Description
Price: $1,275,000
    Essex Realty Group, Inc. has been exclusively engaged to market for sale 85 S.Crystal St., a fifteen-unit (15) apartment building located in the desirable suburb of Elgin, Illinois. The property is exceptionally located on the banks of the Fox River, just outside downtown Elgin. The property is steps away from all downtown Elgin amenities, including the Metra Stop (0.3 miles), Fox River Trail (0.5 miles), and the Grand Victoria Casino (0.8 miles).This Property's unit mix consists of nine (9) 2bd/1Ba and six (6) 1Bd/1Ba apartments with spacious floor plans. Eleven (11) of the fifteen (15) units have been updated with new flooring, countertops, and cabinets. Nine (9) of the units include electric baseboard heat, while the remaining six (6) units have individual furnaces. The building also features sleeve air conditioners, a newer fire alarm system, security cameras, and a large parking lot with thirty (30) spaces.The property's remarkable location and below market rents provide a new investor with the opportunity to increase revenue by raising rents to market or renovating the balance of the units and experiencing greater future returns.
    Listing Agents
    Anthony Citriglia

    O: 773-305-4844
    anthony@essexrealtygroup.com
    Brian Karmowski

    O: 773-305-4892
    briankarmowski@essexrealtygroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    85 South Crystal Street

    Elgin, IL 60123

    Listing ID: 236245
    85 South Crystal Street Elgin, IL 60123 | for Sale | Photo 1
    Building Size: 15,000 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $85.00
    Land $/SF: $85.00
    Price
    $1,275,000
    Description

    Essex Realty Group, Inc. has been exclusively engaged to market for sale 85 S.Crystal St., a fifteen-unit (15) apartment building located in the desirable suburb of Elgin, Illinois. The property is exceptionally located on the banks of the Fox River, just outside downtown Elgin. The property is steps away from all downtown Elgin amenities, including the Metra Stop (0.3 miles), Fox River Trail (0.5 miles), and the Grand Victoria Casino (0.8 miles).

    This Property's unit mix consists of nine (9) 2bd/1Ba and six (6) 1Bd/1Ba apartments with spacious floor plans. Eleven (11) of the fifteen (15) units have been updated with new flooring, countertops, and cabinets. Nine (9) of the units include electric baseboard heat, while the remaining six (6) units have individual furnaces. The building also features sleeve air conditioners, a newer fire alarm system, security cameras, and a large parking lot with thirty (30) spaces.

    The property's remarkable location and below market rents provide a new investor with the opportunity to increase revenue by raising rents to market or renovating the balance of the units and experiencing greater future returns.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Naperville History of Multifamily Housing for Sale

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    Elgin Area Market Trends

    Listing Demographics for 85 South Crystal Street Elgin, IL 60123

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population24,936103,472176,748
    Population Median Age333638
    Population by Age0-9 Yrs3892 (15%)14878 (14%)24062 (13%)
    10-19 Yrs4324 (17%)15301 (14%)24499 (13%)
    20-29 Yrs3366 (13%)14464 (13%)21727 (12%)
    30-39 Yrs3905 (15%)14837 (14%)24300 (13%)
    40-49 Yrs3100 (12%)12934 (12%)23731 (13%)
    50-59 Yrs2951 (11%)12680 (12%)24137 (13%)
    60-69 Yrs1972 (7%)10498 (10%)19155 (10%)
    70+ Yrs1425 (5%)7881 (7%)15138 (8%)
    Median HH Income$53,683$64,137$78,307
    Total Household Income< 24K1703 (21%)5347 (15%)7722 (12%)
    25-49K1983 (25%)7967 (23%)11220 (18%)
    50-74K1489 (18%)6139 (18%)9960 (16%)
    75-99K1147 (14%)5182 (15%)8890 (14%)
    100-199K1368 (17%)7788 (22%)17546 (29%)
    200K+226 (2%)1556 (4%)4818 (8%)
    Highest Education LevelNo Diploma51091557018761
    Diploma or GED35301666628316
    Some College34791449325843
    Assoc. Degree92150389548
    Bachelors Degree1360935923146
    Higher Degree739490811972
    Total Housing Units8,43136,26763,444
    --Owner-Occupied3,97922,12444,292
    --Renter-Occupied3,93811,85415,865
    Owner-Occupied Values< 100K40624093431
    100-199K28761171716487
    200-299K531562714212
    300-399K13716336889
    400-499K234842061
    500K+62531212
    Total Working Age Population18,68679,629138,082
    In Work Force13,16354,57395,152
    Not In Work Force5,52425,05642,930
    Workforce Employed12,26651,42890,290
    Workforce Unemployed8963,1414,840
    Civlian Workforce13,16354,56995,131
    Military Workforce0421
    Total Households7,91733,97860,157
    Family Households5,51723,99243,669
    Non-Family Households2,4009,98516,487
    Married Couple3,36816,96833,479
    Other Family2,1487,02510,191
    Married w/Child1,7507,80114,585
    Single Male w/Child3159571,536
    Single Female w/Child9672,9854,057

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243
    DuPage County904,161+1916,924+101,010,323+21,034,039
    Kane County404,119+28515,269+22630,563+8679,403

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 85 South Crystal Street in Elgin?
    The asking price for 85 South Crystal Street is $1,275,000
    What is the building size of this Multifamily property in Elgin, IL?
    The size of the building/unit at 85 South Crystal Street in Elgin is 15,000 square feet
    What is the population within 1 mile of 85 South Crystal Street in Elgin?
    The population within 1 mile of 85 South Crystal Street Elgin, IL 60123 is 24,936 people.
    Who do I contact for questions about 85 South Crystal Street?
    You should contact the listing agent, Anthony Citriglia, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago O'Hare International Airport (ORD) 20
    Chicago Midway International Airport (MDW) 32
    Chicago Rockford International Airport (RFD) 43
    Price
    $1,275,000
    Listing Agent
    Listing Co-Agent
    Anthony Citriglia - CRE Agent at

    Brian Karmowski

    Essex Realty Group
    More listings from Anthony Citriglia
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