$720,000

375-395 E State Street, South Elgin, IL 60177, US

Summary

Sq Ft: 8880
Year Built: 1955

Moving Quotes

primary photo for 375-395 E State Street, South Elgin, IL 60177, US

Remarks

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.

Details

MLS#: 12339546
Price: $720,000

Sq Ft: 8880
Year Built: 1955

County: Kane
Lot Size: 13743
Tax Fee: 12837

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Broker Contact


Infiniti Realty & Development, Inc.
6N426 Garden Avenue
Roselle, IL, 60172
US
francesco cacucciolo
! 630-782-9601
! franceso@infinitiregi.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Midwest Real Estate Data, LLC
Last updated: 2025-04-16T09:00:01.000-04:00.
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