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Plano Free Standing Commercial 308 E South St 988 SF Office Building Plano, IL 60545 $250,000 ($253.04/SF)
Investment Highlights
- Flexible floor plan lends itself to a wide range of commercial and service-oriented uses.
- Recently updated finishes deliver a professional, move-in-ready condition.
- Provides an affordable entry point for ownership in an established suburban submarket.
- Convenient access to major routes, including Route 34 and I-88, supporting connectivity.
- Located in a high-growth market with proximity to expanding neighborhoods and regional corridors.
- Positioned within Kendall County, one of Illinois’ fastest-growing areas, offering future appreciation potential.
Executive Summary
Located in the heart of Plano, Illinois, 308 E South Street offers a strong commercial opportunity in a growing Kendall County market. With excellent visibility, convenient access, and a flexible layout featuring a reception area, private office, conference room, and one bathroom, the property is well-suited for professional services, retail, or other service-based uses. Surrounded by established neighborhoods and local businesses, this space offers affordability, steady traffic, and long-term investment potential in the Chicago suburbs. Traffic patterns, 16,400 daily. Kendall County’s economic development initiatives actively support business retention, expansion, and entrepreneurship, creating a pro-business environment for owner-users and investors. Potential for long-term appreciation as Kendall County continues to grow
Attractive option for entrepreneurs seeking lower operating costs outside larger suburban markets. Move-in-ready condition minimizes upfront renovation expenses for buyers or tenants. Strong appeal for owner-occupants looking to establish a professional business presence in Plano.
Attractive option for entrepreneurs seeking lower operating costs outside larger suburban markets. Move-in-ready condition minimizes upfront renovation expenses for buyers or tenants. Strong appeal for owner-occupants looking to establish a professional business presence in Plano.
Taxes & Operating Expenses (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$30,622
|
$30.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$30,622
|
$30.99
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $30,622 |
| Annual Per SF | $30.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $30,622 |
| Annual Per SF | $30.99 |
Property Facts
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Building Size
988 SF
Building Class
C
Year Built
1974
Price
$250,000
Price Per SF
$253.04
Building Height
1 Story
Typical Floor Size
988 SF
Building FAR
0.13
Lot Size
0.17 AC
Zoning
Commercial - Commercial-NEC
Parking
10 Spaces (10.12 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Storage Space
- Air Conditioning
- Smoke Detector
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-22-466-002 | Total Assessment | $37,217 |
| Land Assessment | $13,670 | Annual Taxes | $30,622 ($30.99/SF) |
| Improvements Assessment | $23,547 | Tax Year | 2024 Payable 2025 |
Property Taxes
Parcel Number
01-22-466-002
Land Assessment
$13,670
Improvements Assessment
$23,547
Total Assessment
$37,217
Annual Taxes
$30,622 ($30.99/SF)
Tax Year
2024 Payable 2025
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Plano Free Standing Commercial | 308 E South St
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