5612 State Rte South Elgin, IL 60177
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 5612 State Rte
- Year built
- 1970
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This single-tenant retail space, totaling 940 square feet, is ideally situated in a bustling strip center at the intersection of Route 176 and Route 31 in Illinois. The property, built in 1970, is a single-story Class C building with no elevators. The space features one large room and a bathroom, recently updated with new flooring and paint. Its zoning is B-2, allowing for a variety of commercial uses. The high visibility location ensures significant foot and vehicle traffic, surrounded by other established businesses. The previous tenant was a barber shop, but the space offers many possibilities for a new business. The property is available for lease to qualified tenants. A credit and background check ($42 per applicant) is required. This presents a unique opportunity for a business seeking a well-located, affordable space with excellent visibility in a high-traffic area. The space's layout is simple and functional, making it easy to adapt to various business needs. The recent renovations provide a clean and modern feel, ready for immediate occupancy.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- South Elgin
- County
- Kane
- State
- Illinois
- Longitude
- -88.3015
- Latitude
- 41.9745
