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Leased Strip Mall
New
For Sale
$799,000

1305-1385 N La Fox Street, South Elgin, IL 60177

Commercial Sale, South Elgin, IL

Property SizeContact for details
Lot Size0.57 Acres
Days on Market3

Property Features for 1305-1385 N La Fox Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMR
Directions N La Fox to property
Subdivision South Elgin
Standard status Active
APN 0626328029
Lot size 0.57 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 18958

Utilities

Cooling system Central Air

Amenities

basement access
elevated rear entrances

Building Details

Year built 1990
Floors in Building 1
Number of units 5
Building materials Brick
Listing Agency: HomeSmart Connect LLC · HomeSmart International
Listed By: Peter Dubiel · License #471022858
Added: Sep 22 Last Checked: Sep 24 at 3:06PM
MLS# 12766466

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This brick strip center, built in 1990, contains 5 total units configured as 1 double unit and 4 regular suites. The property is currently fully leased, with occupants including an accounting firm, flower shop, gaming cafe, smoke shop, and retail business. Central air serves the building, and basement access provides additional storage space and accommodates utility modifications.

The property sits along IL Rt 31, also known as La Fox St, in South Elgin. A private parking lot provides up to 18 spaces for tenants and customers. Rear entrances are elevated and accessed by wooden stairways. The parcel encompasses 0.57 acres and carries COMMR zoning.

Key Highlights

  • 5 total units: 1 double unit and 4 regular suites
  • Fully leased to an accounting firm, flower shop, gaming cafe, smoke shop, and retail business
  • Up to 18 private parking spaces for tenants and customers

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Pharmacy Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby

Demographics for 60177, IL

24,361
Population
8,700
Households
2.8
Avg Household Size
37
Median Age
38%
College-Educated
91%
High-School Grad
8.9 sq mi
ZIP Area
2,737
Density / Sq Mi
$123,700
Median Household Income
$59,266
Median Earnings
$1,612
Median Rent
$296,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Brick retail and office center with multiple occupied suites, private parking, and basement access for storage or utility work.
Where is this strip mall located?
The property is located at 1305-1385 N La Fox Street South Elgin, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 5 total units: 1 double unit and 4 regular suites; Fully leased to an accounting firm, flower shop, gaming cafe, smoke shop, and retail business; Up to 18 private parking spaces for tenants and customers
More about this property
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