Real Estate Agent Elmo Dowd

Elmo Dowd REALTOR®

(815) 520-3939
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375-395 E State Street, South Elgin, IL 60177

$670,000
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  • 375-395 E State Street, South Elgin, IL 60177 Main Photo

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Active
SQUARE FEET8,880 MLS#12339546
STATUSActive PROPERTY TYPECommercial - Retail
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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.

375-395 E State Street | MLS# 12339546

This commercial property located at 375-395 E State Street, South Elgin, IL 60177 is currently listed for sale with an asking price of $670,000. Search South Elgin real estate on elmo.bhhscrosby.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.32 Acres
Stories: 2.0
Taxes: $12,837
Year Built: 1955

Feature Descriptions

Electric: Circuit Breakers, Separate Meters, Service - 0 to 100 Amps, Service - 101 to 200 Amps
Fire Protection: Fire Extinguisher/s
HVAC: Forced Air, Gas, Hot Water
Lot Dimensions: 13743
Parcel#: 0635262002
Units: 4

Listed By / Shown By

Listed By

Agency Name: Infiniti Realty & Development, Inc.
Agency Phone: 630-782-9601

Shown By

Agent Name: Elmo Dowd
Agent Phone: (815) 520-3939
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate

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