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230-238 N McLean Blvd 4,505 SF 100% Leased Retail Building Elgin, IL 60123 $625,000 ($138.73/SF)
Investment Highlights
- Previously florist / retail storefront.
- Redevelopment opportunity
- Good fit for neighborhood retail, service, or small office conversion.
Executive Summary
The property is conveniently located near the Town & Country Shopping Center, featuring tenants such as Elgin Fresh Market and Family Dollar. It benefits from its proximity to U.S. Route 20 and McLean Boulevard, with Kimball Elementary School approximately 2 miles north. Pace Bus Route 549 runs along McLean Blvd, providing access to educational institutions like Elgin Community College and Larkin High School. Additionally, the property is just 1.8 miles from The Elgin Transportation Center / Elgin Metra Station.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
4,505 SF
Building Class
C
Year Built
1969
Price
$625,000
Price Per SF
$138.73
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.50 AC
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $144,419 | |
| Land Assessment | $141,880 | Total Assessment | $286,299 |
Property Taxes
Parcel Numbers
Land Assessment
$141,880
Improvements Assessment
$144,419
Total Assessment
$286,299
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230-238 N McLean Blvd
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