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$449,900
Est. payment /mo
0.5 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12714227
Year Built 1900
Annual Tax Amount $15,201
Tax Year 2025
Lot Size 0.500 Acres
Lot Dimensions 138x144
Property Sub-Type Mixed Use
Property Description
Mixed-use investment and redevelopment opportunity! This 3,674 SF building sits on a 0.5-acre corner lot with outstanding visibility along busy McLean Boulevard. The property consists of five total units, including four commercial storefronts and one second-floor apartment, offering an excellent opportunity for owner-occupants, investors, or those seeking additional rental income Zoned RB (Residence Business) and located within the ARC (Arterial Road Corridor) Overlay District, the property provides flexibility for a variety of permitted retail, office, service, and mixed-use opportunities (buyers should verify permitted uses with the City of Elgin). Formerly home to a florist/retail storefront, the building is well suited for continued commercial use, value-add improvements, or future redevelopment. Ideally situated near Town & Country Shopping Center, Elgin Fresh Market, Family Dollar, U.S. Route 20, Elgin Community College, Larkin High School, and just 1.8 miles from the Elgin Metra Station, this high-exposure location offers exceptional accessibility, strong traffic counts, and outstanding long-term investment potential
Location
State IL
County Kane
Area Elgin
Zoning COMMR
Interior
Cooling None
Fireplace N
Building
Dwelling Type Mixed Use
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Listed by Jesus Perez of Realty of America, LLC
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