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735 Dundee Ave
Elgin, IL 60120
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Fully sprinklered facility with five classrooms and seven bathrooms
- Fenced-in playground ideal for child-focused operations
- Zoned Neighborhood Business with conversion potential to office use
- Dedicated kitchen and two private offices
- Less than one block from Pace bus stop and 1.1 miles to I-90
EXECUTIVE SUMMARY
Positioned in the heart of Elgin, Illinois, 735 Dundee Avenue presents a rare opportunity to acquire a fully built-out ±5,075 SF day care facility with flexible conversion potential. Constructed in 1962 with durable masonry and wet sprinkler systems, the property sits on a ±0.45-acre parcel and includes parking for approximately 18 vehicles. The building features five classrooms, each with its own bathroom, two additional general bathrooms, two offices, and a dedicated kitchen area. A fenced-in playground enhances the appeal for educational or child-focused uses.
Strategically located just 1.1 miles from the I-90 interchange and less than a block from a Pace bus stop, the site offers excellent regional connectivity. The Neighborhood Business zoning allows for a variety of commercial uses, and the layout lends itself well to conversion into office space. Whether retained as a turnkey day care or repositioned for professional services, this asset offers strong value at an asking price of $445,000. The property is broker-owned, ensuring a streamlined transaction process.
Strategically located just 1.1 miles from the I-90 interchange and less than a block from a Pace bus stop, the site offers excellent regional connectivity. The Neighborhood Business zoning allows for a variety of commercial uses, and the layout lends itself well to conversion into office space. Whether retained as a turnkey day care or repositioned for professional services, this asset offers strong value at an asking price of $445,000. The property is broker-owned, ensuring a streamlined transaction process.
PROPERTY FACTS
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Building Size
5,075 SF
Building Class
B
Year Built
1962
Price
$612,151 CAD
Price Per SF
$120.62 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.45 AC
Zoning
Neighborhood Business - Neighborhood Business
Parking
18 Spaces (3.54 Spaces per 1,000 SF Leased)
Frontage
144’ on Dundee Ave
PROPERTY TAXES
| Parcel Number | 06-12-402-002 | Improvements Assessment | $140,549 CAD |
| Land Assessment | $66,625 CAD | Total Assessment | $207,174 CAD |
PROPERTY TAXES
Parcel Number
06-12-402-002
Land Assessment
$66,625 CAD
Improvements Assessment
$140,549 CAD
Total Assessment
$207,174 CAD
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