**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 listing agent today 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!***
MLS# | 12212989 |
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Listing Type | For Sale |
Style | Office Building |
Sub-Type | Resale |
Status | Active |
Year | 1990 |
Days On Site | 83 |
Listing Provided By | HomeSmart Connect LLC | Peter Dubiel |
SQ Feet | 6,000 |
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Story(s) | 1 |
Units | 5 |
Zoning | COMMR |
Acreage | 0.57 |
State | IL |
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County | Kane |
City | South Elgin |
Zip Code | 60177 |
Area | South Elgin |
Listing VS Median (in 60177) | |
Price: $759,000 low | high Med: $389,900 SqFt: 6,000 low | high Med: 1,772 $ / SqFt: $127 low | high Med: $220 On Site: 83 low | high Med: 314.500000 |