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Investment Highlights
- Welcome to the second-generation restaurant space equipped with a grease trap and vent hood, ideal as an investment or owner/user opportunity.
- Public parking is available, enabling easy access for the 7,900+ daily passing vehicles along North Main Street.
- Features ample yard space with patio for outdoor seating and benefits from great signage exposure and visibility along North Main Street.
- Located in Downtown Elgin along the main commercial strip, neighboring the Elgin's Farmers Market and a Dollar General.
Executive Summary
This unique opportunity offers a fully built-out second-generation restaurant positioned in the heart of Downtown Elgin. The property features 2,050 square feet of interior space configured for restaurant operations and includes an existing vent hood and grease trap, ideal for a swift transition into a dining concept. A generous outdoor patio and yard area provide exceptional flexibility for additional seating, events, or future enhancements.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,050 SF
Building Class
C
Year Built
1981
Price
$500,000
Price Per SF
$243.90
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.28 AC
Opportunity Zone
Yes
Frontage
69’ on N Main St
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 2,050 SF
- Restaurant
- -
- 30 Days
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,050 SF | Restaurant | - | 30 Days |
1st Floor
| Size |
| 2,050 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| 30 Days |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12054 | Improvements Assessment | $182,678 |
| Land Assessment | $97,264 | Total Assessment | $279,942 |
Property Taxes
Parcel Number
12054
Land Assessment
$97,264
Improvements Assessment
$182,678
Total Assessment
$279,942
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313 N Main St
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