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    Elgin, IL
    Grocery Store

    Elgin, IL Grocery And Convenience Stores for Sale

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    Wauconda, IL Algonquin, IL Bartlett, IL South Elgin, IL Streamwood, IL Saint Charles, IL Carpentersville, IL Barrington Hills, IL
    Shadow-Anchored Retail Strip Center
    Updated: Jun 28
    Shadow-Anchored Retail Strip Center

    2-16 Tyler Creek Plaza, Elgin, IL 60123

    $3,324,000
    10,825 sqft
    Five‑tenant grocery shadow anchored strip center in Elgin, IL (Kane County), built in 1975
    Shadow anchored by Frank’s Freshway Market, which recently completed a major remodel
    Tenant mix includes 3 restaurants, 1 specialty grocer/restaurant, and 1 service tenant
    Wingstop west end cap; Elgin Wingstop listed as #1 visited in Illinois (per Placer.ai)
    All tenants operate under net leases with management fee reimbursement; many leases include annual rent increases
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    This listing looks promising.

    Here's a quick look at some key insights for

    2-16 Tyler Creek Plaza, Elgin, IL 60123

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $181K
      Annual

    • Price @ 7% Cap

      $2.59M
      Suggested
    View Property Analytics
    Gas Station with Repair Service
    Updated: Mar 3
    Gas Station with Repair Service

    1205 S Northwest Highway, Barrington, IL 60010

    $599,000
    Gas station with convenient shop and 5 Bay full service car repair service.
    Located on busy main street.
    Easy access to the property.
    Lot of potential.
    Owner financing possible to qualified tenant or client.
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corporate 7-Eleven Gas Station
    Corporate 7-Eleven Gas Station

    630 W Rand Rd, Mount Prospect, IL 60056

    $3,966,761
    3,245 sqft 0.76 AC lot

    Freestanding convenience operation offers 24/7 fuel and diesel service under a triple-net lease structure.

    View details
    Grocery Store with Adjacent Home
    Grocery Store with Adjacent Home

    272 W Irving Park Road, Wood Dale, IL 60191

    $1,499,000
    0.49 AC lot

    Retail use is paired with an adjoining brick residence and on-site parking.

    View details
    Mixed-Use Property with Grocery Store
    Mixed-Use Property with Grocery Store

    272 W Irving Park Road, Wood Dale, IL 60191

    $1,499,000
    0.49 AC lot

    Brick commercial property combines an equipped grocery store with an adjacent split-level residence.

    View details
    Free-Standing 7-Eleven with Fuel
    Free-Standing 7-Eleven with Fuel

    630 W Rand Rd, Mount Prospect, IL 60056

    Contact for pricing

    Free-standing 7-Eleven convenience store with fuel stations, fully renovated in 2019 and located on a signalized corner.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Signalized Intersection Commercial Land
    Signalized Intersection Commercial Land

    40 Acres Randall Road, Elgin, IL 60123

    $10,000,000
    40.40 AC lot

    AGRIC-zoned tract with adjacent water and sewer and potential for mixed-use development.

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    Commercial Land
    Commercial Land

    324 S Main Street, Lombard, IL 60148

    $185,000
    0.31 AC lot

    Commercial land zoned for B5A (COMMR) development, with access and exposure in a downtown Lombard setting.

    View details
    Melrose Park Land For Sale
    Melrose Park Land For Sale

    2305 N Mannheim Road, Melrose Park, IL 60164

    $1,099,000

    Commercial land available in Melrose Park, Illinois.

    View details
    Commercial Land with Utilities
    Commercial Land with Utilities

    4671 old tavern Road, Lisle, IL 60532

    $310,500
    0.29 AC lot

    Build-ready parcel with gas, water, and sewer available at the site.

    View details

    Off-Market Properties in Elgin, IL

    Consider similar Off-Market properties in Elgin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    795 Smt St
    GROCERY, SUPERMARKET

    795 Smt St, Elgin, IL 60120-4313

    $440,000
    Estimated value
    View details

    Elgin, IL Grocery And Convenience Stores Market Trends and Statistics

    Explore 3 grocery and convenience stores for sale in Elgin, IL on our real estate platform. These investment opportunities span a total of 10,825 square feet of properties for sale, with an estimated market value of $3,923,000.

    Sale prices for supermarkets in Elgin, IL start at $599,000, averaging $1,961,500, and reaching up to $3,324,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 13
    Storefront properties 13
    Auto shops 9
    Shopping centers 8
    Showrooms 3

    Demographics Overview

    Population 124K
    Population Growth (5Y) +2.9%
    Median Household Income $93,679
    College Educated 31.3%

    High-Yield Neighborhoods for Investment

    Identify Elgin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60123 $3.3M

    Taxes & Financing

    Tax Rate (average for all types) 9.70%
    Property Tax per SF $55.97 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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    Most Searched ZIP Codes in Elgin, IL

    • 60010
    • 60123

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