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

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Presented By: HomeSmart Connect LLC
  • MLS# 12212989
  • 11/18/2024
  • Request Tour
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  • SQFT • 6,000

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

Client Care

Price $759,000
MLS#12212989
List Date 11/18/2024
Property Type Commercial
Phone 847.485.2500
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