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$187,500
1,240
square ft

85 Woodbury Street
South Elgin, Illinois 60177

Closed / MLS #11914031 / Institutional or Developmental / South Elgin
Listing information updated 2/9/2024 at 5:23pm
Don't miss this armchair investment opportunity! It is almost an 8% cap rate at the list price and there is a reliable, long-term tenant in place. The building features contemporary construction and a homeowners association responsible for landscaping, snow removal, and exterior upkeep. Interior maintenance and HOA fees fall under tenant responsibility, leaving investor-owners with peace of mind. This unit features two private offices, a large open workspace, full kitchen, private bathroom and storage room. Exceptional location situated in downtown South Elgin, close to new luxury apartments, amphitheater, splash pad, parks, the river, and bike/walking trails, making it highly marketable and a desirable location for retail or office space. Assemblage opportunity with two adjacent contiguous units offering an additional 2425 square feet, fully leased to another long-term tenant. These units are an 8 cap at the list price. See MLS #11914107. Call for a confidential rent roll.
Built:
2007
Cooling System:
Central Air
Stories:
1
Current Use:
Commercial
Rentable Square Feet:
1,240
Building Square Feet:
1,240
Tax Amount:
$2,438
Tax Year:
2022
Zip Code:
60177
City:
South Elgin
County:
Kane

Listing Office: Coldwell Banker Real Estate Group

Listing Office Phone: 630.232.6900

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 2/9/2024 at 5:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

South Elgin

South Elgin, IL

South Elgin has been recognized as one of the best places to live in the United States by Money Magazine and CNN Money. Known for its rich history, distinct culture, recreational opportunities, and beautiful natural surroundings, the village has grown while maintaining a small-town atmosphere. With...
$400,425
Average Sale Price
33
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 85 Woodbury Street, South Elgin, IL 60177
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85 Woodbury Street, South Elgin, IL 60177 is a institutional or developmental which sold for $187,500. This institutional or developmental has been listed on @properties Christie's International Real Estate since October 21st, 2023 and was built in 2007.

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