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304 Mill Street, South Elgin, IL 60177
$390,000
304 Mill Street, South Elgin, IL 60177View this property at 304 Mill Street, South Elgin, IL 60177
304 Mill StreetSouth ElginIL60177
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Property Description
An amazing part of South Elgin's history... this NEC corner property at Woodbury and Mill, consists of Mary's Corner Tap (she operated it for the last 40-yrs, rumored to be built as a bank in 1890), a very nice, totally rebuilt single-family home (fire-damaged 2-3 years ago, now refinished and NEW!) along with a CC block 2-bay garage. Mary's Corner Tap, now closed, was a "Cheers-like" neighborhood pub as recently as March 2023, complete with its own gang of regulars, a renown bowling tournament (machine not included), this property exudes good "bones & genes..." small, yet expandable- just add imagination, capital and elbow grease. The renewed single family home adds another dimension- as rental income property, or a live-in feature for the Tap operation. NOTE: This is a real estate transaction- no business, or FF&E is implied or will convey with property although all the equipment and inventory are in place, and can be purchased in tandem with the real estate. No financial reports are available. The 2-bay garage can be used in conjunction with the pub, or the house. There is enough site area to contemplate significant outdoor pub services, but this value-added potential must be confirmed and permitted with the village. A new liquor license is granted to a person, a new owner, not to the real estate. Call List Agents for a private showing. Thank you.
Full Property Details
Full Property Details for 304 Mill St
General
- Sold For: $390,000
- Taxes: $6,666 (2022)
- Status: Closed
- Type: Commercial
- MLS ID: 11853260
- Added to Site: 264 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: South Elgin
- County: Kane
- Driving Directions: After crossing river on E State Street head north on Woodbury Street to property on right side at intersection of Woodbury and Mill
- Location Details: Far West
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1890
- Built Before 1978: Yes
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 17,860
- Lot Dimensions: 136 x 142 x 136 x 124
- Zoning: OTHER
Financial Considerations
- Security Deposit: Alarm Monitored
- Assessment Year: 1890
- Tax Amount: $6,666
- Tax Year: 2022
Disclosures and Reports
- Property ID: 635254007
Listed by Coleman Land Company
Sold by Non Member
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Schools
Schools serving 304 Mill St
School District:Sd U-46
Rating | Name | Grades | Distance |
---|---|---|---|
770 Mill St, South Elgin, IL 60177 | K-6 | 0.3 mi | |
1515 Raymond St, South Elgin, IL 60177 | 7-8 | 0.8 mi | |
760 E Main St, South Elgin, IL 60177 | 9-12 | 0.5 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 304 Mill St
Date
Details
Price
Change
Source
4/01/2024
Sold
$390,000
-13.33%
MLS
8/07/2023
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
304 Mill Street, South Elgin, IL 60177 (MLS# 11853260) is a Commercial property that was sold at $390,000 on April 01, 2024. Want to learn more about 304 Mill Street? Do you have questions about finding other Commercial real estate for sale in South Elgin? You can browse all South Elgin real estate or contact a Coldwell Banker agent to request more information.