South Elgin, IL 60177 1305-85 N La Fox Street
$759,000



24 more

























Presented By: HomeSmart Connect LLC
Home Details
**Retail/Office Strip Center for Sale on IL Rt 31 (LaFox St)** Discover a prime commercial property offering excellent visibility and versatility! This strip center features five units, with three currently leased to established tenants, including an accounting firm, a tattoo shop, and a gaming cafe. **Key Features:** - High Visibility Location: Situated on IL Rt 31 (LaFox St) with significant drive-by exposure. - Ample Parking: Private parking lot with up to 18 spaces for tenants and customers. - Flexible Utilities: Basement access allows for extra storage & easy utility modifications. - Convenient Access: Elevated rear entrances with sturdy wooden stairways. This is a fantastic investment opportunity in a vibrant location. Contact listing agent today for more details.***In 2024, the equalized reassessed value of the property has decreased by 25%, which means your property tax bill will also be reduced!***
Presented By: HomeSmart Connect LLC
General for 1305-85 N La Fox Street
Additional Parcels Y/NNo
CitySouth Elgin
Construction MaterialsBrick
CoolingCentral Air
CountyKane
DirectionsN La Fox to property
ElectricCircuit Breakers, Service - 101 to 200 Amps
Gross Income66360
Leasable Area6000
Lot Size Square Feet24829
MLS AreaSouth Elgin
ModificationTimestamp2025-05-19T04:11:01.794Z
Net Operating Income57418
Number Of Units Total5
Operating Expense8942
Property SubtypeOffice
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount23533
Tax Year2023
TownshipElgin
Year Built1990
ZoningCOMMR
Exterior for 1305-85 N La Fox Street
Building Area Total6000
Lot Dimensions0.57
Additional Details
Price History
