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$499,900
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Property Description
Profitable, High Traffic area. Free Standing Grocery Store. This unit has a full inventory of groceries and sundries. It also includes a owned A T M machine. Lottery tickets are available and they have a hard liquor license. It includes a 7 ft. freezer, a 24 ft. walk in cooler with 6 other coolers.. There is a fenced side yard with parking for up to 12 cars. There is enough room for a drive through. This unit is in good condition. A neighborhood business that turns a good income. Close to train station and I-90
Full Property Details
Full Property Details for 725 W Chicago St
General
- Price: $499,900
- Taxes: $4,003 (2023)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 11127795
- Updated: 8/26/2024
- Added to Site: 1, 438 day(s) ago
Business
- Business Type: Grocery
- Years in Business: 7 to 10 Ye
- Seating Capacity: None
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: Elgin
- County: Kane
- Driving Directions: Rt. 31 ( State St. ) to Chicago St. West to Property. Corner of Chicago and Sheridan
- Location Details: Corner, Public Transport Avail, Freestanding/Urban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Onsite: Electricity to Site
Structural Information
- Construction: Concrete
- Roof: Membrane
- Stories/Levels: 1
- Square Feet: 1,296
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 10,262
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 101 x 101
- Frontage: City Street
- Potential Use: Retail, Other
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $4,003.38
- Tax Year: 2023
Disclosures and Reports
- Ownership: Individual
- Property ID: 614331007
Listed by Berkshire Hathaway HomeServices Starck Real Estate
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Schools
Schools serving 725 W Chicago St
School District:Sd U-46
Rating | Name | Grades | Distance |
---|---|---|---|
819 W Chicago St, Elgin, IL 60123 | K-6 | 0.2 mi | |
949 Van St, Elgin, IL 60123 | 7-8 | 0.4 mi | |
1475 Larkin Ave, Elgin, IL 60123 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 725 W Chicago St
Date
Details
Price
Change
Source
6/18/2021
Listed
$499,900
376.1%
MLS
7/22/2011
Sold
$105,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 725 W Chicago St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,003
8%
$46,963
10%
2022
$3,713
4%
$42,822
7%
2021
$3,572
—
$40,035
5%
2021
$3,572
5%
$38,220
5%
2019
$3,400
-5%
$36,407
4%
2017
$3,586
-4%
$34,863
-1%
2016
$3,749
—
$35,156
9%
2015
$3,737
10%
$32,223
-6%
2018
$3,391
-27%
$34,297
-8%
2014
$4,676
-9%
$37,230
-26%
2013
$5,157
—
$50,626
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 725 W Chicago St
725 W Chicago Street, Elgin, IL 60123 (MLS# 11127795) is a Business property. 725 W Chicago Street is currently listed for $499,900 and was received on June 16, 2021. Want to learn more about 725 W Chicago Street? Do you have questions about finding other Business real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.