South Elgin, IL 60177,375-395 E State ST
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South Elgin, IL 60177,375-395 E State ST
South Elgin, IL 60177,375-395 E State ST
South Elgin, IL 60177,375-395 E State ST
South Elgin, IL 60177,375-395 E State ST
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Lizzie Kirchner

Lizzie Kirchner

Engel & Völkers

+1(312) 593-8590
$ 670,000
Est. payment /mo
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Active

375-395 E State ST South Elgin, IL 60177

8,880 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 8,880 sqft

Price per Sqft $75

MLS Listing ID 12339546

Year Built 1955

Annual Tax Amount $12,837

Tax Year 2023

Lot Dimensions 13743

Property Sub-Type Retail/Stores

Property Description

This well-maintained 4-unit mixed-use strip center presents an excellent investment opportunity with a strong mix of stable income and future upside. Located on a high-visibility corner lot totaling 13,743 square feet, the property features a two-story structure with 8,880 square feet of space. The ground floor includes three retail units, two of which are currently leased below market rent, while the third is leased near market rates. The second floor, configured for office use, is currently vacant, providing the potential for additional rental income or use by an owner-occupant. Ample on-site parking and strong frontage on a high-traffic corridor enhance the property's appeal for retail, office, or service-oriented businesses. With below-market leases, immediate leasing opportunities, and flexible use options, this asset is well-positioned for value growth and strong long-term returns.

Location

State IL

County Kane

Area South Elgin

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores


Midwest Real Estate Data (MRED) IDX
Listed by Timothy Winkler of  Infiniti Realty & Development, Inc. 

SCHOOLSPROPERTIES
Elementary Schools 18
  • 7

    Anderson Elementary School

    Public | KG - 5

  • 6

    Fox Meadow Elementary School

    Public | KG - 6

  • 6

    Clinton Elementary School

    Public | KG - 6

  • 5

    Willard Elementary School

    Public | KG - 6

  • 5

    Nature Ridge Elementary School

    Public | KG - 6

  • 3

    Hillcrest Elementary School

    Public | KG - 6

  • 3

    Washington Elementary School

    Public | KG - 6

  • 2

    Harriet Gifford Elementary School

    Public | KG - 6

  • 2

    Channing Elementary School

    Public | KG - 6

  • 1

    Highland Elementary School

    Public | KG - 6

  • 1

    Lowrie Elementary School

    Public | PK - 6

  • 1

    Garfield Elementary School

    Public | PK - 6

  • 1

    Huff Elementary School

    Public | PK - 6

  • 0

    Kindercare Learning Center

    Private | PK - KG

  • 0

    St Laurence Elementary School

    Private | PK - 8

  • 0

    St Johns Lutheran School

    Private | PK - 8

  • 0

    St Joseph Catholic School

    Private | PK - 8

  • 0

    St Mary School

    Private | PK - 8

Middle Schools 5
  • 4

    Kenyon Woods Middle School

    Public | 7 - 8

  • 4

    Ellis Middle School

    Public | 7 - 8

  • 3

    Abbott Middle School

    Public | 7 - 8

  • 0

    Gifford St Regional Safe School Program

    Public | 6 - 12

  • 0

    Gifford Street High School

    Public | 7 - 12

High Schools 5
  • 7

    St. Charles North High School

    Public | 9 - 12

  • 5

    South Elgin High School

    Public | 9 - 12

  • 3

    Elgin High School

    Public | 9 - 12

  • 1

    Larkin High School

    Public | 9 - 12

  • 0

    St Edward Central Catholic High School

    Private | 9 - 12

School and business data provided by Attom Data.
Lizzie Kirchner

Lizzie Kirchner

Advisor | License ID: 475114659

+1(312) 593-8590

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375-395 E State ST