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.
New
$2,200,000
24 N Airlite St, Elgin, IL 60123
5beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
All electric apartments
- 1 day
- 148
- 1
Zillow last checked:
Listing updated:
Listed by:
Joan Junod 847-697-5800,
Millennium
Source: MRED as distributed by MLS GRID,MLS#: 12759096
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Cellar,Exterior Entry,Full
Property
Parking
- Total spaces: 4
- Parking features: Yes
Lot
- Size: 73,882 Acres
- Dimensions: 100x299.6
Details
- Parcel number: 0616401015
- Special conditions: Exceptions-Call List Office
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Block
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Water: Public
Community & HOA
Location
- Region: Elgin
Financial & listing details
- Tax assessed value: $295,878
- Annual tax amount: $7,524
- Date on market: 9/14/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,892/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Listed for sale | $2,200,000 |
Source: | ||
| 8/14/2026 | Listing removed | $2,200,000 |
Source: | ||
| 7/18/2026 | Listed for sale | $2,200,000+528.6% |
Source: | ||
| 6/14/2006 | Sold | $350,000+105.9% |
Source: Public Record Report a problem | ||
| 10/4/2000 | Sold | $170,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,524 +3.5% | $98,626 +8.6% |
| 2024 | $7,270 -15.1% | $90,841 -9.6% |
| 2023 | $8,568 +10.6% | $100,507 +12.5% |
| 2022 | $7,744 +4% | $89,311 +7% |
| 2021 | $7,450 +2.5% | $83,499 +4.8% |
| 2020 | $7,270 +2.5% | $79,712 +5% |
| 2019 | $7,092 +0.3% | $75,931 +6.1% |
| 2018 | $7,072 +1.7% | $71,532 +5.8% |
| 2017 | $6,955 +4% | $67,623 +7.8% |
| 2016 | $6,691 | $62,736 +9.1% |
| 2015 | -- | $57,503 +1.3% |
| 2014 | -- | $56,793 -2.6% |
| 2013 | -- | $58,292 -11.5% |
| 2012 | -- | $65,868 -10.7% |
| 2011 | -- | $73,736 -9.7% |
| 2010 | -- | $81,612 +12.1% |
| 2009 | -- | $72,775 +0.9% |
| 2008 | -- | $72,107 -9.2% |
| 2007 | -- | $79,410 +4.2% |
| 2006 | -- | $76,217 +6.5% |
| 2005 | -- | $71,572 +6.8% |
| 2004 | -- | $67,040 +7.8% |
| 2003 | -- | $62,195 +8% |
| 2002 | -- | $57,588 +7.5% |
| 2001 | -- | $53,595 +18.9% |
| 2000 | -- | $45,081 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North Country Knolls
Nearby schools
Schools provided by the listing agent
- District: 46
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



