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Retail Space with Long-Term Lease
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430 N Mclean Blvd, South Elgin, IL 60177

Retail space offered with a long-term lease backed by investment-grade credit rated S&P “BBB”.

Property SizeContact for details
Days on Market239

Property Features for 430 N Mclean Blvd

General Information

Standard status Active
Property subtype RETAIL

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap | San Diego
Listed By: Alvin N. Mansour · License #(S):CA:01391653,TX:0606255
Source: Moodyscre
Added: Mar 4 Changed: Oct 25 Last Checked: Oct 28 at 11:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | San Diego

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Investment Insights

Based on property information with market context.

Retail space offered for sale with a long-term lease. The offering is described as being backed by investment-grade credit with an S&P “BBB” rating.

The property is located at 430 N Mclean Blvd in South Elgin, IL 60177. It is positioned near a community college and within an area noted for its concentration of national retailers.

Additional terms, unit mix, building details, and specific tenant information are not provided in the available materials.

Key Highlights

  • Long‑term lease in place
  • Investment‑grade credit support with S&P “BBB” rating
  • Located at 430 N Mclean Blvd, South Elgin, IL 60177

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

O'Reilly Auto Parts Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Nail Salon Cafe & Coffee Shop Furniture & Home Goods

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby
28k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 57% Shops & Services 37% Dining 6%
Butera Market Groceries
15,851 visits/mo 0.3 miles
goodstop by Casey's Shops & Services
9,065 visits/mo 0.2 miles
SUBWAY Dining
1,623 visits/mo 0.2 miles
Valvoline Instant Oil Change Shops & Services
1,185 visits/mo 0.3 miles

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space offered with a long-term lease backed by investment-grade credit rated S&P “BBB”.
Where is this retail space located?
The property is located at 430 N Mclean Blvd South Elgin, IL.
What is the asking price?
The asking price for this property is $2,477,050.
What are key features of this property?
This property features: Long‑term lease in place; Investment‑grade credit support with S&P “BBB” rating; Located at 430 N Mclean Blvd, South Elgin, IL 60177
(858) 373-3184 Call to check price and availability
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