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1305-85 N La Fox Street South Elgin, IL $ 759,000
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$ 759,000 Get more info
1305-85 N La Fox Street
$ 759,000
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1305-85 N La Fox Street

South Elgin, IL, 60177
$ 759,000
Bedrooms-- Baths-- Sq 6,000

Monthly Estimate*

$ 4,735

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Commercial Property for sale in South Elgin, IL

for $759,000. This 6,000 square foot building was built in 1990 on a lot size of 0.569995.

**Retail/Office Strip Center for Sale on IL Rt 31 (LaFox St)** Discover a prime commercial property offering excellent visibility and versatility! This strip center features five units, with three currently leased to established tenants, including an accounting firm, a tattoo shop, and a gaming cafe. **Key Features:** - High Visibility Location: Situated on IL Rt 31 (LaFox St) with significant drive-by exposure. - Ample Parking: Private parking lot with up to 18 spaces for tenants and customers. - Flexible Utilities: basement access allows for extra storage & easy utility modifications. - Convenient Access: Elevated rear entrances with sturdy wooden stairways. This is a fantastic investment opportunity in a vibrant location. Contact us for more details. ***In 2024, the equalized reassessed value of the property has decreased by 25%, which means your property tax bill will also be reduced!***

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Commercial Active

Price

$ 759,000

Property Type

Commercial

Taxes

$ 23,533

Style

Retail

Lot Size

0.569995

Year Built

1990

Town/City

South Elgin

County/Region

Kane

MLS | Web ID

12212932
Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick
Year Built 1990
Electric Circuit Breakers Service - 101 to 200 Amps
Stories Count 1
Township Elgin
Tax Year 2023
Gross Income 66360
Business Type Retail
County Kane
Net Operating Income 57418
Operating Expense 8942
Property Type Commercial Sale Retail/Stores
Status Active
Directions N La Fox to property
City South Elgin
Number Of Units Total 5
MLS Area South Elgin
Lot Size Square Feet 24829
Tax Annual Amount 23533
Additional Parcels Y/N N
Leasable Area 6000
Standard Status Active
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Exterior
Building Area Total 6000
Lot Dimensions 0.57
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* Excluded Features
List By
Homesmart Connect Llc

Broker

peterdubiel@realtyagent.com

Email

Affordability Calculator

$6,696
Per Month
71%
29%
0%
Monthly Principal & Interest
$4,735
Monthly Property Taxes
$1,961
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/19/2024$759,000 Listed Price

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1305-85 N La Fox Street, South Elgin, IL, 60177 is a Commercial Property for sale at $759,000 with 6,000 sqft and a lot size of 0.569995. 1305-85 N La Fox Street was built in 1990. The property's zip code is 60177 which is in South Elgin, IL

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