Outstanding and very recognizable "Hines Building" Brick 2 Story with 14000 SF on a corner lot with multiple storefront/addresses. Currently being used as an office building but could easily be retail store spaces on the first floor and converted to residential use on the second floor. This building was completely remodeled in the 90's and has been maintained and upgraded intentionally since that time. New roofs on all the buildings with 6" insulation added in the past 4 years. Updated HVAC system's. Updated Electric throughout with copper wiring. New Exterior paint. Many of the windows are Pella with 1" glass. There is a Generac back up generator. The water main service was upgraded and is set up for sprinklers to be added. The building is designed with a main entrance at 113 E. Highland. There are three storefront buildings along Douglas that are currently adjoining (20,22 and 24). The address 115 E. Highland is for the former bank space. The second floor of the bank space and 24 and 22 Douglas are all office space. The second floor of 20 Douglas is unfinished vacant space. The basement is partially finished. There are multiple baths and kitchenette spaces throughout. The ceiling height in much of the building is 14'-16' with tin ceilings. Beautiful original features as well as modernized upgrades. This building ...
+ Read More| Listing Id: | 12588163 |
|---|---|
| List Price: | $795,000 |
| Property Type: | Commercial Sale |
| Property Type: | Mixed Use |
| Status: | Active Under Contract |
| Parking On Site: | No |
| Tax Annual Amount: | $25,459 |
| Lot Size Square Feet: | 8,316 |
| City: | Elgin |
| County Or Parish: | Kane |
| Postal Code: | 60120 |
| Year Built: | 1881 |
| Total # Units In Building: | 4 |
| Additional Parcels?: | Yes |
| Basement: | false |
| Building Area Total: | 14124 |
| Construction Materials: | Brick |
| Cooling: | Central Air |
| Directions: | SW corner of E. Highland Ave. and Douglas Ave. The building has an additional address of 113-115 E. Highland. |
| Electric: | Circuit Breakers, Over 600 Amps |
| Fuel Expense: | 0 |
| Insurance Expense: | $7,455 |
| Listing Contract Date: | 2026-09-17 |
| Lot Size Dimensions: | 66x126 |
| MLS Area Major: | Elgin |
| Approximate Age: | Older |
| Agent Owned/Interest (Y/N): | No |
| # Of Apts: | 0 |
| Built Before 1978 (Y/N): | Yes |
| Expense Year: | 2024 |
| Total Annual Expense Source: | Actual |
| Fire Protection: | Fire Extinguisher/s |
| Geographic Locale: | Northwest Suburban |
| Gross Rent Multiplier: | 0 |
| Heat/Ventilation: | Central Heat/Indiv Controls, Forced Air, Gas |
| Information: | 24-Hr Notice Required |
| Insurance Expense Source: | Actual |
| List Price Per Sf: | 56.29 |
| Market Code: | Active |
| # Of Offices: | 1 |
| Total Monthly Income: | 0 |
| # Of Stores: | 2 |
| # Of Tenants: | 1 |
| Update Date: | 2026-09-17T20:01:06 |
| Operating Expense: | $32,914 |
| Original List Price: | $990,000 |
| Parcel Number: | 0614283019 |
| State Or Province: | IL |
| Stories: | 2 |
| Tax Year: | 2024 |
| Township: | Elgin |
| Utilities: | Electric to Site, Natural Gas Available, Sewer Connected |
| Water Source: | Municipal Water |
| Actual Status: | Contingent |
| Additional Parcels Description: | 0614283020 |
Listing Courtesy of: RE/MAX Horizon
Listing Agent: Ben Henrikson
benhenrikson@remax.net;benhenrikson@gmail.com
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Midwest Real Estate Data LLC data last updated on October 08, 2026 04:15 PM - CT
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Property Last Updated: October 08, 2026 04:15 PM - CT
