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375-395 E State Street
South Elgin IL 60177 US

$670,000

Active Listing ID 12339546
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$670,000

Active Listing ID 12339546
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375-395 E State Street This well-maintained 4-unit mixed-use strip center presents an excellent investment opportunity with a strong mix of stable income and future upside. Located on a high-visibility corner lot totaling 13, 743 square feet, the property features a two-story structure with 8, 880 square feet of space. The ground floor includes three retail units, two of which are currently leased below market rent, while the third is leased near market rates. The second floor, configured for office use, is currently vacant, providing the potential for additional rental income or use by an owner-occupant. Ample on-site parking and strong frontage on a high-traffic corridor enhance the property's appeal for retail, office, or service-oriented businesses. With below-market leases, immediate leasing opportunities, and flexible use options, this asset is well-positioned for value growth and strong long-term returns.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 670000
  • unparsedaddress: 375-395 E State Street
  • postalcity: South Elgin
  • stateorprovince: IL
  • country: US
  • postalcode: 60177
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 8880
  • livingareaunits: Square Feet
  • listagentfullname: Timothy Winkler
  • listagentemail: tim@timecapitalllc.com
  • listagentkey: 3yd-MREDIL-271726
  • listagentmlsid: 271726
  • listagentpreferredphone: 6309356985
  • listagentofficephone: 6307829601
  • listofficekey: 3yd-MREDIL-1481
  • listagentstatelicense: 475214596
  • listofficemlsid: 1481
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1955
  • listingcontractdate: 2025-04-15
  • listagenturl: http://www.infinitiregi.com
  • countyorparish: Kane
  • parcelnumber: 0635262002
  • cooling: Central Air
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"infiniti real estate group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tim@timecapitalllc.com", "ListBrokerageCity":"ADDISON", "ListBrokerageCountry":"US", "ListBrokerageEmail":"franceso@infinitiregi.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/107/210598/20120718143218244.png", "ListBrokerageName":"infiniti real estate group", "ListBrokeragePhone":"(630) 935-6985", "ListBrokeragePostalCode":"60101", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"unit c", "ListBrokerageUnparsedAddress":"601 W Army trail Blvd", "ListBrokerageWebsiteUrl":"http://www.infinitiregi.com", "ListOfficeAddress1":"6N426 Garden Avenue", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"28920", "ListOfficeCity":"Roselle", "ListOfficeCountry":"US", "ListOfficeEmail":"franceso@infinitiregi.com", "ListOfficePostalCode":"60172", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - South Elgin, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12339546/?channel=rexren", "MLSModificationTimestamp":"2025-08-29T07:34:01Z", "Neighborhoods":[{"Description":null, "Name":"South Elgin"}], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":12837, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/29/2025 1:32:55 PM GMT
Source Updated Date: 12/5/2025 12:40:34 PM GMT

Courtesy of: Timothy Winkler, Infiniti Realty & Development, Inc., tim@timecapitalllc.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.