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Mixed-Use Building with Storefront

964 Saint Charles Street, Elgin, IL 60120

For Sale
New
$449,900

Commercial Sale, Elgin, IL

Property SizeContact for details
Lot Size0.21 Acres
Days on Market1

Property Features for 964 Saint Charles Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions located on Saint Charles street
Subdivision Elgin
Standard status Active
APN 0624457008
Lot size 0.21 Acres

Additional Details

Tenant in Place Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7774

Utilities

Cooling system Central Air

Building Details

Year built 1953
Floors in Building 2
Number of units 3
Building materials Brick, Block
Roof type Rubber
Buildings 1
Listing Agency: RE/MAX At Home · RE/MAX International
Listed By: Basel Tarabein · License IL #471008459
Added: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 12808516

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.

Rey
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Investment Insights

Based on property information with market context.

This brick mixed-use property combines a ground-floor commercial suite with two residential units above. The storefront comprises approximately 1,239 square feet, with an additional 800 square feet of storage and garage space. The commercial area is vacant, while both apartments are occupied under one-year leases. The building was renovated and has central air conditioning.

The 0.206-acre property is zoned COMMR and was built in 1953. Its commercial and residential components provide distinct spaces within one building.

Key Highlights

  • Two residential units, both occupied under one‑year leases
  • Approximately 1,239 square feet of storefront area
  • Additional 800 square feet of storage and garage space

Property Analytics

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

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Pharmacy

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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

185
Businesses Nearby

Demographics for 60120, IL

50,799
Population
17,112
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
17.4 sq mi
ZIP Area
2,919
Density / Sq Mi
$80,305
Median Household Income
$37,495
Median Earnings
$1,250
Median Rent
$227,000
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 Mixed-use properties in Cook County, IL

$304 Jul
$216 Aug
$185 Sep
$187 Oct

Properties on Market for Mixed-use properties in Cook 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?
Mixed-use property - Two leased apartments sit above a vacant commercial space with separate storage and garage areas.
Where is this mixed-use property located?
The property is located at 964 Saint Charles Street Elgin, IL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two residential units, both occupied under one‑year leases; Approximately 1,239 square feet of storefront area; Additional 800 square feet of storage and garage space
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