375-395 E State Street, South Elgin, IL 60177

Building Details

Year built

1955

Floors in Building

2

Number of units

4

Listing agent Timothy Winkler License #475214596 Show Phone

Listing office Infiniti Realty & Development, Inc. f***@infinitiregi.com 6N426 Garden Avenue, ADDISON, IL Show Phone

Listing date Apr 15, 2025

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MLS# 12339546

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Overview

This well-maintained four-unit mixed-use strip center includes a two-story building with 8,880 square feet of space. The ground floor has three retail units, with two currently leased below market rent and one leased near market rates. The second floor is configured for office use and is currently vacant, offering flexibility for an owner-occupant or for future rental.

The property is situated on a high-visibility corner lot totaling 13,743 square feet. Ample on-site parking supports customer and tenant access, and the center benefits from strong frontage on a high-traffic corridor.

For buyers and tenants, the mix of retail and office configurations can accommodate a range of service and business uses, while the existing leased retail units provide an income base alongside the opportunity to lease or occupy the vacant second-floor office space. The flexible use options and practical site layout—retail on the ground level and office space above, with parking on site—make it a straightforward fit for operators seeking a mixed-use setup.

Suggested Use

Law Firm Real Estate Agency Dental Office Daycare Center Hotel & Motel Parking Lot & Garage Hair Salon Skin Care Clinic Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

South Elgin

County

Kane

State

Illinois

Longitude

-88.2904628

Latitude

41.9940904

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FAQs

What type of property is this?

Mixed-use property - Four-unit corner strip center offers ground-floor retail units and a vacant second-floor office space.

Where is this mixed-use property located?

The property is located at 375-395 E State Street South Elgin, IL.

What is the asking price?

The asking price for this property is $670,000.

What are key features of this property?

This property features: High‑visibility corner lot location on a high‑traffic corridor.; Strong income potential with below‑market leases on two retail units.; Vacant second‑floor office space provides immediate leasing opportunity or owner‑occupant use.