375-395 East State Street, South Elgin, IL

$670,000

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About 375-395 East State Street

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.

Features of 375-395 East State Street

MLS® # 12339546
Price $670,000
Bathrooms 0.00
Acres 0.00
Year Built 1955
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 375-395 East State Street
Area South Elgin
City South Elgin
County Kane
State IL
Zip Code 60177

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 180
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeInfiniti Realty & Development, Inc.
Contact Info630-782-9601

Listing Map

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