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Two-Story Retail Storefront

43w407 Us Highway 20, Pingree Grove, IL 60140

For Sale
New
$590,000

Retail areas are divided into approximately 30 rentable spaces, with display fixtures and cash registers included.

Property Size6,174 SF
Price / SF$95.56
Days on Market3

Property Features for 43w407 Us Highway 20

General Information

Standard status Active
Size 6,174 SF
Property subtype Retail/Stores

Site & Location

Corner Location Yes
Road Access Yes
Mixed-Use Components retail, residential

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $5,697

Amenities

handicapped accessible entrance
.05 AC
6174

Building Details

Building Size 6,174 SF
Year Built 1961
Year Renovated 1990
Buildings 1
Stories 2
Tenancy Multi
Listing Agency:
Listed By: Pedro Guerra
Source: Prosalesrealty
Added: Nov 7 Changed: Nov 8 Last Checked: Nov 8 at 11:14AM

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 Pedro Guerra

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Investment Insights

Based on property information with market context.

This 6,174-square-foot storefront has two floors of retail area arranged in approximately 30 individual rentable spaces. Cash registers, counters, and display cases are included. An upstairs apartment, described as a nonconforming 2–3-bedroom unit, adds approximately 1,000 square feet. The building received updates in 1990, including electrical service, HVAC, and drywall work.

At 43w407 US Highway 20 in Pingree Grove, the property has parking in front and along the side, plus an accessible entrance. The site is listed at 0.05 acres. An adjacent parcel and buildings are also offered for purchase under MLS#12530930.

Key Highlights

  • 6,174 SF building on a 0.05‑acre site
  • Two floors of retail space with approximately 30 individual rentable areas
  • Upstairs nonconforming 2–3‑bedroom apartment of approximately 1,000 sq. ft.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Storefront properties

Suggested Use

Top Pick Storage Facility Garden Center (Bike/Boat/Book/etc) Store Building Supply Pet Store Restaurant

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

Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60140, IL

21,902
Population
7,325
Households
3
Avg Household Size
37
Median Age
38%
College-Educated
93%
High-School Grad
81.0 sq mi
ZIP Area
270
Density / Sq Mi
$114,675
Median Household Income
$58,111
Median Earnings
$1,379
Median Rent
$316,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Storefront properties in Kane County, IL

$174 Jul
$190 Aug
$188 Sep
$200 Oct

Properties on Market for Storefront properties in Kane County

Jul
Aug
Sep
Oct

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?
Storefront property - Retail areas are divided into approximately 30 rentable spaces, with display fixtures and cash registers included.
Where is this storefront property located?
The property is located at 43w407 Us Highway 20 Pingree Grove, IL.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: 6,174 SF building on a 0.05‑acre site; Two floors of retail space with approximately 30 individual rentable areas; Upstairs nonconforming 2–3‑bedroom apartment of approximately 1,000 sq. ft.
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