725 W Chicago Street, Elgin, IL 60123 | MLS #11127795 | Berkshire Hathaway HomeServices Chicago

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Listing provided courtesy of Berkshire Hathaway HomeServices Starck Real EstateMREDas Distributed by MLSGrid- MLS# 11127795MLS Provider

725 W Chicago StreetElgin, IL 60123

Commercial · 1,296 Sq. ft.
$450,000 Active

725 W Chicago Street Overview

Time on Site:
1614 days
Visits:
1

Profitable, High Traffic area. Free Standing Grocery Store. This unit has a full inventory of groceries and sundries. It also includes a owned A T M machine. Lottery tickets are available and they have a hard liquor license. It includes a 7 ft. freezer, a 24 ft. walk in cooler with 6 other coolers.. There is a fenced side yard with parking for up to 12 cars. There is enough room for a drive through. This unit is in good condition. A neighborhood business that turns a good income. Close to train station and I-90

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725 W Chicago Street Facts & Features

  • Type Commercial
  • Sq. ft. 1,296
  • Price/Sq.ft. $347

Details

General

Income/Expenses

  • Operating Expense: 0

Business Information

  • Business Type: Grocery
  • Current Use: Commercial

Location/Region

  • County Or Parish: Kane
  • MLS Area Major: Elgin

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $4,003.38
  • Tax Year: 2023

General Information

  • Parcel Number: 0614331007
  • Possible Use: Retail,Other
  • Property Type: Business Opportunity
  • Zoning: RTAIL

Interior

Building Interior

  • Building Area Total: 1296

General Information

  • Cooling: Central Air
  • Electric: Separate Meters
  • Stories: 1

Unit Information

  • Unit SqFt.: 1296

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 101X101
  • Lot Size Square Feet: 10262

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Concrete
  • Roof: Membrane

General Information

  • Utilities: Electric to Site

725 W Chicago Street Neighborhood

Community

60123 (Elgin) Demographics

37
Median Age
3,547
Population Density (per sq. mile)
33%
College Educated
$69,971
Estimated Median Income
11,675
Estimated Total Home Owners
5,640
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

725 W Chicago Street Monthly Cost

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Mike Mabry
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

725 W Chicago Street Market Data

Based on the last 30 days in this zip code

$347,658
Average List Price
$200
Average Price per Square Foot
33
Properties Sold
37
Average Days on Market
96
Properties for Sale
Calculations provided by Reliance Network

725 W Chicago Street History

Date Event Value Agent
7/31/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Status Change
Price Change
7/31/2025Source: MRED Price Reduction
$450,000 -10.0%
9/19/2022Source: MRED Status Change
Active
9/14/2022Source: MRED Status Change
Re-activated
6/20/2022Source: MRED Added to Database
January 27, 2022