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1305-1385 N La Fox Street South Elgin, IL 60177 • Commercial - Retail • New

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Description

**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 5 total units with 1 double unit and 4 regular, all currently leased to established tenants, including an accounting firm, a flower shop, gaming cafe, smoke shop and retail **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 wooden stairways. This is a fantastic investment opportunity in a vibrant location. Contact us for more details.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1990

General Information

County: Kane
Listed By:
HomeSmart Connect LLC 847-495-5000
MRED MLS
$799,000
Est. $5,598/mo
New to the Market New
SQUARE FEET6,000 MLS#12766420
STATUSNew PROPERTY TYPECommercial - Retail
TOUR PROPERTY

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Kenny Hora
 (319) 651-9335

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1305-1385 N La Fox Street, South Elgin, IL 60177.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $799,000$799,000$799,000
Down Payment $159,800$27,965$199,750
Monthly Mortgage Amount $4,253$5,219$5,220
Taxes $1112$1112$1112
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$352$0
Monthly Estimated Total $5,598$6,916$6,565

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