Elgin, IL 60123,1112-20 South Street
Elgin, IL 60123,1112-20 South Street
Elgin, IL 60123,1112-20 South Street
23
$1,050,000
$1,250,000
16.0%
Est.Price: ?

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18,252 SqFt

1112-20 South Street Elgin, IL 60123

Est. payment /mo
SOLD DATE : 08/26/2024

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Key Details

Sold Price $1,050,000

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 18,252 sqft

Price per Sqft $57

MLS Listing ID 11924800

Sold Date 08/26/24

Year Built 1953

Annual Tax Amount $30,552

Tax Year 2022

Lot Dimensions 41670 SQ FT

Property Sub-Type Retail/Stores

Property Description

Sunset Center is strategically located on South Street, S Aldine and S Alfred on the west side. The City of Elgin estimates 8000 cars pass by daily creating great visibility. The Strip Mall is comprised of 10 self-contained retail units totaling 18,252 square feet with an additional 15,000 square feet of rental storage space and 75 parking spaces. Eight of the ten units are currently occupied with a mix of popular local retailers and services. Great investment opportunity with established businesses and additional storage rental income in place.

Location

State IL

County Kane

Zoning RTAIL

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

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Listed by Joanne Cecchini • Berkshire Hathaway HomeServices Starck Real Estate
Bought with Rafael Villagomez • Epic Real Estate Group

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