Strip Mall

South Elgin, IL Strip Malls for Sale

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Bartlett, IL Elgin, IL St Charles, IL Lake In The Hills, IL Wayne, IL Campton Hills, IL Streamwood, IL West Chicago, IL
Leased Five-Unit Strip Mall
Updated: Sep 22
Leased Five-Unit Strip Mall

1305-1385 N La Fox Street, South Elgin, IL 60177

$799,000
0.57 AC lot
Five total units: one double unit and four regular units
All units currently leased to established tenants
0.57‑acre property along IL Rt 31 (LaFox St)
Private parking lot with up to 18 spaces
Brick construction completed in 1990
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Leased Strip Mall
Updated: Sep 22
Leased Strip Mall

1305-1385 N La Fox Street, South Elgin, IL 60177

$799,000
0.57 AC lot
5 total units: 1 double unit and 4 regular suites
Fully leased to an accounting firm, flower shop, gaming cafe, smoke shop, and retail business
Up to 18 private parking spaces for tenants and customers
0.57‑acre parcel along IL Rt 31 (La Fox St)
Basement access provides storage and supports utility modifications
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Five-Unit Retail Strip Center
Five-Unit Retail Strip Center

1305-1385 N La Fox St, South Elgin, IL 60177

$799,000
Multi-tenant  6,000 sqft  Built 1990
100% occupied

Leased storefronts accommodate a mix of retail and service businesses.

Basement access
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See hot listings in South Elgin

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
3 active listings match your search: Strip Mall for sale in South Elgin, IL. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Starbucks-Anchored Retail Center
Starbucks-Anchored Retail Center

1085 E Lake Cook Rd, Wheeling, IL 60090

$5,615,000
Multi-tenant  27,232 sqft  Built 1985
100% occupied / 7.8% cap rate  Starbucks co-tenants

Neighborhood retail center with a drive-through anchor and illuminated tenant signage.

Pylon signage  Drive-thru
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Brick Strip Center with Finished Lower Level
Brick Strip Center with Finished Lower Level

108 1st Street, Bloomingdale, IL 60108

$1,390,000
Multi-tenant  3,272 sqft  Built 1997  brick  1 building  1-story

The building has established occupants, including an insurance office and a medical and exercise facility.

View details
Strip Retail Center with Finished Lower Level
Strip Retail Center with Finished Lower Level

108 1st Street, Bloomingdale, IL 60108

$1,390,000
Multi-tenant  Built 1997  brick  1-story  0.33 acres

A single-story brick center has existing State Farm and medical/exercise facility tenants.

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Retail Center
Retail Center

820 Wheeling Rd, Wheeling, IL 60090

Contact for pricing
13,382 sqft  Built 1998

Retail property offering 13,382 square feet of commercial space for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Commercial Land
Corner Commercial Land

8450 Willow Springs Road, Willow Springs, IL 60480

$800,000
1.9 acres

Nearly two acres at a corner near I-294, I-55, and Route 83.

View details

South Elgin, IL Strip Malls Market Trends and Statistics

Explore 3 strip malls for sale in South Elgin, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,000 square feet of properties for sale, with an estimated market value of $2,397,000.

Sale prices for retail strips in South Elgin, IL average $799,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 4
Storefront properties 2

Demographics Overview

Population 48K
Population Growth (5Y) +6.6%
Median Household Income $129,570
College Educated 59.5%

High-Yield Neighborhoods for Investment

Identify South Elgin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60177 $799K

Taxes & Financing

Tax Rate (average for all types) 8.57%
Property Tax per SF $92.24 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kane County

New Delisted

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