$1,050,000
$1,250,000
16.0%For more information regarding the value of a property, please contact us for a free consultation.
18,252 SqFt
SOLD DATE : 08/26/2024
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
Area Elgin
Zoning RTAIL
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 1
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Bought with Rafael Villagomez • Epic Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "