1275 Spg St 91, South Elgin, IL 60177-2990
This exceptional 1,300 square foot retail storefront is ideally situated at 1275 W Spring St, South Elgin, IL 60177, within a thriving retail center. The property boasts a prime location on busy Spring Street, benefiting from high visibility and significant daily traffic. Shared access with a Walgreens pharmacy ensures convenient access and shared customer flow. Ample parking is available in front, side, and rear lots, providing easy access for customers and employees. The property's strategic location at the intersection of McLean Boulevard and Spring Street, a high-traffic area with 31,000 combined daily vehicles, guarantees maximum exposure. This synergistic co-tenancy offers a differentiated retail experience, with neighboring businesses including Walgreens, 7-Eleven, McDonald's, CVS, and Butera Market, creating a strong retail cluster and attracting a diverse customer base. The building is constructed of brick, offering a durable and attractive exterior. This retail space presents a unique opportunity for businesses seeking high visibility and a strong customer base in a bustling South Elgin location. The property is categorized as a multiple-tenancy storefront in Kane County, Illinois.
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Fortune's - Live Video Gaming Hotel & Motel Resort
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.