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303 N Main St 3,671 SF Retail Building Elburn, IL 60119 $499,900 ($136.18/SF)
Investment Highlights
- Highly visible Main Street location with approximately 10,000 vehicles per day.
- Over one-half acre professionally landscaped site providing more than 20 parking spaces.
- Three full floors plus basement and attic, offering functional storage and layout flexibility.
- Extensive modern updates, including new HVAC (2026), roofs and gutters (2022), and hurricane windows.
- Includes two outbuildings: heated workshop and oversized garage with loft storage.
- Historic architectural features maintained, including hardwood floors, stained glass, and intricate moldings.
Executive Summary
Situated in the heart of downtown Elburn, this standout commercial property offers an exceptional location with nearly 10,000 cars passing daily on Main Street (Route 47). Its B2 zoning provides flexibility for a wide range of commercial uses, making it well-suited for retail, office, or a specialty concept.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,671 SF
Building Class
C
Year Built/Renovated
1880/1993
Price
$499,900
Price Per SF
$136.18
Tenancy
Single
Building Height
3 Stories
Building FAR
0.17
Lot Size
0.51 AC
Zoning
B2 - Business District
Parking
20 Spaces (5.45 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-05-101-006 | Improvements Assessment | $101,606 |
| Land Assessment | $53,491 | Total Assessment | $155,097 |
Property Taxes
Parcel Number
11-05-101-006
Land Assessment
$53,491
Improvements Assessment
$101,606
Total Assessment
$155,097
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303 N Main St