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    800 Main St Elburn, IL 60119

    Sponsored
    For Sale
    $253,200

    0.75-acre retail pad, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 0.75-acre vacant commercial land parcel presents a unique build-to-suit or sale opportunity in Elburn, Illinois. Located at 800 N Main St, within the Jewel-Osco anchored Elburn Crossing shopping center, this outlot benefits from high visibility and a signalized intersection. The property is zoned PUD Incorporated and offers various site plan options, including the possibility of a drive-thru. The surrounding area boasts a thriving mix of residential communities, schools, and amenities, creating a strong customer base. The site is ideally suited for fast food, medical, dental, or other retail and service businesses. Existing tenants in the center include national and local brands such as Bella Nail Salon, T-Mobile, Hair Cuttery, Rosati's Pizza, DC Music, Vital Wellness, Subway, and Edward Jones, indicating a strong and diverse tenant mix. The asking price is $253,200, with a land value of $7.75 per square foot. The property's APN is 08-31-426-002. This is a value-add, opportunistic investment in a highly desirable location approximately 52 miles west of Chicago in Kane County. The shopping center enjoys 97% occupancy, demonstrating strong market demand. Ample parking is available for customers and employees.

    Property Features for 800 Main St

    General Information

    Property type
    Individual retail properties
    Lot Size
    32,670 SF

    HighLights

    • 0.75‑acre retail outparcel available.
    • Jewel‑anchored neighborhood center.
    • High‑visibility retail corridor with signalized intersection.
    • Ample parking; 97% occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jewel-Osco Pharmacy Pharmacy Starbucks Coffee Shop higi Medical Clinic Jewel-Osco Grocery Store Primo Water Refill ... Bottled Water Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elburn
    County
    Kane
    State
    Illinois
    Longitude
    -88.475052563382
    Latitude
    41.90247539505

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Individual retail property - 0.75-acre retail pad, prime location.
    Where is this individual retail property located?
    The property is located at 800 Main St Elburn, IL.
    What is the asking price?
    The asking price for this property is $253,200.
    What are key features of this property?
    This property features: 0.75-acre retail outparcel available.; Jewel-anchored neighborhood center.; High-visibility retail corridor with signalized intersection.
    Request Owner's contact information
    800 Main St Elburn, IL 60119
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    Elburn, IL 60119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    800 Main St Elburn, IL 60119
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