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113-117 W Chicago St
Elgin, IL 60123
Retail Property For Sale
Investment Highlights
- Building Size: Approximately 6,860 SF across two stories.
- Location Highlights: The building is situated in a high-visibility downtown area, exceptionally close to the Elgin Metra station
- Ground Floor: 3,430 SF of retail or storefront space.
Executive Summary
Prime investment opportunity to purchase 113-117 W. Chicago Street is a versatile commercial property located in downtown Elgin, IL (60123), adjacent to the Elgin Metra station and near the Fox River. This property has historically been used as a single-tenant educational facility but is now positioned as a high-potential value-add opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,860 SF
Building Class
C
Year Built
1994
Percent Leased
77%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
3.94
Lot Size
0.04 AC
Zoning
CC1 - Zoning: CC1 (Center City District), which supports a variety of uses including retail, office, and residential conversion.
Frontage
24’ on Chicago St
Property Taxes
| Parcel Numbers | Improvements Assessment | $72,377 CAD | |
| Land Assessment | $28,565 CAD | Total Assessment | $100,941 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$28,565 CAD
Improvements Assessment
$72,377 CAD
Total Assessment
$100,941 CAD
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