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310 N Lafox (rt. 31) Street

South Elgin, Illinois 60177


Robert Blaszkiewicz
708.574.5766

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$670,000


Square Footage
6,000
Robert Blaszkiewicz
708.574.5766
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Property Type
Retail Store
Neighborhood
South Elgin


6000 SQ/FT. (PLUS FULL BASEMENT) STRIP CENTER LOCATED ON RT. 31 IN SOUTH ELGIN. EASY ACCESS,GOOD VISIBILITY, LOTS OF TRAFFIC. US POST OFFICE IS THE ANCHOR AND JUST RENEWED THEIR LEASE FOR 5 YEARS WITH A 5 YEAR OPTION. IT'S BUSY, PROFITABLE AND LOCAL DEMOGRAPHICS SUPPORT IT. MIDDLE TENANT HAS BEEN A LIQUOR STORE SINCE 1977 WITH MANY LOYAL CUSTOMERS, FRONT SPACE IS FOR LEASE FOR $2000/MO. (RENT INCOME REFLECTS THIS AMOUNT). GAS,WATER AND ELECTRIC PASS THRU TO EACH TENANT WITH THEIR OWN METERS. 1000 GALLON GREASE TRAP INCLUDED IN SALE. VACANT SPACE COULD BE DIVIDED INTO 3 600 SQ/FT. UNITS....WAS ORIGINALLY BUILT THAT WAY.



Full Features
Built: 1977
Parking Spaces: 35
Cooling System: Central Individual
Stories: 1
Roof: Membrane
Current Use: Commercial
Potential Use: Commercial, Retail
Zoning: COMMR
Rentable Square Feet: 1,800
Building Square Feet: 6,000
Current Net Income: $77,438


Taxes & Assessments
Taxes: $20,663

Listing Office: RE/MAX Horizon

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South Elgin

South Elgin is part of the Northwest Suburbs. Chicago's northwest suburbs, encompassing Cook and McHenry counties, offer residents abundant options in education, housing and recreation. Highly-regarded communities in the northwest suburbs include Arlington Heights, Schaumburg, Inverness, Long Grove, Lake Zurich,…

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Nearby Public Transportation

Metra
Milwaukee District West

at National St Metra (2.26 miles away)






310 N Lafox (rt. 31) Street South Elgin, Illinois 60177 is a retail store property, which sold for $670,000. Want to learn more about 310 N Lafox (rt. 31) Street South Elgin, Illinois 60177? Contact an @properties agent to request more info.


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