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Executive Summary

For Sale: Well-Maintained, Fully Leased Flex/Retail Investment Property
This 5,523 sq ft flex/retail building offers an excellent investment opportunity in a strong market. The property is fully leased to a diversified base of 4 tenants.
Recent improvements have been completed throughout. Prime frontage on corner of Liberty/Chicago St in Elgin.
Asking Price: $699,000
NOI: $64,630
Cap Rate: 9.25%
For full Offering Memorandum, reach out to jjoyce@entrecommercial.com or click here: https://form.jotform.com/240495573103151

Property Facts

Price $949,242 CAD
Price Per SF $171.87 CAD
Sale Type Investment
Cap Rate 9.25%
Property Type
Flex
  • General Retail Storefront
  • General Retail Storefront Retail/Office
  • Industrial Warehouse
Building Class C
Lot Size 0.25 AC
Rentable Building Area 5,523 SF
No. Stories 2
Year Built/Renovated 1935/2004
Parking Ratio 2.53/1,000 SF
Clear Ceiling Height 12’
No. Drive In / Grade-Level Doors 1
Cross Streets Chicago Ave
Opportunity Zone Yes
Zoning RB

Utilities

  • Heating - Gas
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
06-13-426-001
Land Assessment
$58,899 CAD
Improvements Assessment
$75,797 CAD
Total Assessment
$134,696 CAD
  • Listing ID: 40351221

  • Date on Market: 2026-04-30

  • Last Updated:

  • Address: 1 S Liberty St, Elgin, IL 60120

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