1061 Villa St

$290,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This commercial property offers incredible potential in a prime corner location at Villa and Peck, providing excellent visibility and easy access to Route 20. Recently rehabbed, the space features beautiful new floors, fresh paint, updated drywall, and over 1,200 sq. ft. of versatile space ready for your business vision. With permitted uses including single-family detached dwellings, development sales offices, residential care facilities, home child day care services, or contractor offices, the opportunities...This commercial property offers incredible potential in a prime corner location at Villa and Peck, providing excellent visibility and easy access to Route 20. Recently rehabbed, the space features beautiful new floors, fresh paint, updated drywall, and over 1,200 sq. ft. of versatile space ready for your business vision. With permitted uses including single-family detached dwellings, development sales offices, residential care facilities, home child day care services, or contractor offices, the opportunities are endless. The property includes a spacious front deck, parking for at least 13 cars, and a new furnace. Inside, you'll find one full bath upstairs and another in the basement, plus new carpet on the lower level. This highly accessible, premium lot is the perfect foundation to launch or expand your business-schedule your showing today before it's gone!

Property Details for 1061 Villa Street

Area
Elgin
Township
Elgin
Air Conditioning Type
Central Air
Zoning
COMMR
LISTING UPDATED: 09/01/2025 12:07 AM

Property Details for 1061 Villa Street

StatusActive
MLS #12450728
Days on Market121
Taxes$12,288 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1976
Lot Size-
CountyCook County

Location

Listing Courtesy of Cross Street Real Estate
Add your commute

Building Information for 1061 Villa Street

Stories2Residences2Year Built1976Lot Size-

Payment Calculator

$2,457 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,433

Property Taxes

$1,024

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1061 Villa Street

General Information
Addtl Parking Information
  • Outdoor Parking: 13-18 Spaces
Location and General Information
  • Geographic Locale: Northwest Suburban
  • Information: Short Notice OK,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Wood
  • # Of Washers: 0
  • Heat/Ventilation: Forced Air
  • # Of Dryers: 0
  • # Of Dishwashers: 0
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Utilities / Equipment
  • Utilities: Electricity Nearby, Natural Gas Nearby
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Lot Dimensions: 182x132x100x145
  • Lot Size Square Feet: 0.0
  • Stories: 2
  • Construction: Other, Vinyl Siding
  • Fire Protection: Carbon Monoxide Detector(s)
  • # Of Offices: 0
  • # Of Ranges: 1
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Possible Use: Office, Single Family, Retail
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 3
  • Document Date: 2025-08-20T02:34:21
  • Photos Count: 15
Miscellaneous
  • Location: Corner,Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $100.00
  • Fuel Expense: $120.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $170.00
  • Electric Expense Source: Broker Projection
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Total Monthly Income: 0
  • Water Expense Source: Broker Projection
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $80.00

Property History for 1061 Villa Street

DateEvent & SourcePriceAppreciation
Aug 25, 2025

Listed (Active)

MRED #12450728

$290,000
Dec 12, 2024

Sold

MRED #12156199

$265,000
Dec 9, 2024

Sold (Public Record)

Public Record #1547004764

$265,000
Sep 30, 2024

Pending

MRED #12156199

Sep 30, 2024

Contingent

MRED #12156199

Sep 5, 2024

Listed (Active)

MRED #12156199

$285,000
Nov 9, 2018

Cancelled

MRED #10020197

$224,000
Jul 16, 2018

Listed (Active)

MRED #10020197

$259,900
DateEvent & SourcePrice
08/25/2025

Listed (Active)

MRED #12450728

$290,000
12/12/2024

Sold

MRED #12156199

$265,000
12/09/2024

Sold (Public Record)

Public Record #1547004764

$265,000
09/30/2024

Pending

MRED #12156199

09/30/2024

Contingent

MRED #12156199

09/05/2024

Listed (Active)

MRED #12156199

$285,000
11/09/2018

Cancelled

MRED #10020197

$224,000
07/16/2018

Listed (Active)

MRED #10020197

$259,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1061 Villa Street

Taxable ValueLand$1,237Additions-Total$1,237
Tax Record2023$356 ($30 / month)
Home Facts
Beds0Lot Size4,500 SqFtStyleMiscellaneous Vacant LandCountyCOOKAPN06-19-401-041

Schools near 1061 Villa Street

This home is within School District U-46.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Huff Elementary School
PublicPK to 6

Ellis Middle School
Public7 to 8

Elgin High School
Public9 to 12

Central School Program
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1061 Villa Street is a mixed use property for sale in Elgin, IL 60120. This property was listed for sale on August 25, 2025 by Cross Street Real Estate, it's currently listed at $290,000. It has been on the market for a total of 121 days and was last sold on December 12, 2024. This listing's school district is School District U-46. Nearby schools include Huff Elementary School, Ellis Middle School and Elgin High School. 1061 Villa Street is a 0-bed, 0-bath, mixed use property built in 1976.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cross Street Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/01/2025 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.