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0 Beds

$449,900

230 N McLean Boulevard, Elgin IL, 60123

Built in1900
Property typeOther
Listed by Jesus Perez with Realty of America, LLC 630-878-9064

Overview

Active

Listed Jul 29, 2026

Updated Aug 6

Mixed-use investment and redevelopment opportunity! This 3,674 SF building sits on a 0.5-acre corner lot with outstanding visibility along busy McLean Boulevard. The property consists of five total units, including four commercial storefronts and one second-floor apartment, offering an excellent opportunity for owner-occupants, investors, or those seeking additional rental income Zoned RB (Residence Business) and located within the ARC (Arterial Road Corridor) Overlay District, the property provides flexibility for a variety of permitted retail, office, service, and mixed-use opportunities (buyers should verify permitted uses with the City of Elgin). Formerly home to a florist/retail storefront, the building is well suited for continued commercial use, value-add improvements, or future redevelopment. Ideally situated near Town & Country Shopping Center, Elgin Fresh Market, Family Dollar, U.S. Route 20, Elgin Community College, Larkin High School, and just 1.8 miles from the Elgin Metra Station, this high-exposure location offers exceptional accessibility, strong traffic counts, and outstanding long-term investment potential

$2,993/mo

Est. mortgage payment based on a $449,900 home price.

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

Other Property Details

Taxes
$15,202
Tax Frequency
Annually
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Listed by Jesus Perez with Realty of America, LLC 630-878-9064

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Data is refreshed every 3 hours. Listing last updated 9:42 AM UTC on 8/6/2026. 

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