Skip To Content

    725 W Chicago Street

    Elgin, IL 60123
    • $499,900
    • STATUS: Active
    • ON SITE: 39 days
    • MLS #: 11127795
    UPDATED: 208 min ago
    $499,900
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,296
      SQFT
    • $386
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    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

    Monthly Payment Calculator



    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-07-27T23:52:22.403 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
    www.thewexlergroup.com/homes/118469313
    Print Image

    725 W Chicago Street Elgin, IL 60123

    • Price: $499,900
    • Status: Active
    • Updated: 208 min ago
    • MLS #: 11127795
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    1,296
    SQFT
    $386
    $/SQFT
    Neighborhood:
    Elgin
    County:
    Kane
    Area:
    Elgin
    Property Description
    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
    Exterior Features

    Approx Land Sq Footage 1296 Construction Materials Concrete Frontage Type City Street Location CornerPublic Transport AvailFree Standing/Urban Outdoor Parking 6-12 Spaces Parking Total 12 Roof Membrane Waterfront YN No

    Interior Features

    Cooling Central Air Electric Separate Meters Heat Ventilation Forced Air Seating Capacity None

    Property Features

    Additional Parcels YN No Adj Net Income Year 2020 Adjusted Net Income 0 Annual Rent For Real Estate 0 Business Age 7-10 Years11+ Years Business Type Grocery Corporate Limits Elgin Cost Of Goods Sold 290000 Cost Of Goods Year 2020 Current Use Commercial Food Beverage Type Other General Information List Broker Must Accompany Gross Payroll 0 Gross Payroll Year 2020 Gross Profit 0 Gross Profit Year 2020 Gross Sales Ann Year 2020 Gross Sales Annual 437875 Inventory 200000 Inventory Year 2020 Known Encumbrances None Known Land Amenities Other Living Quarters None Lot Size .25-.49 Acre Lot Size Dimensions 101X101 Net Operating Income Year 2020 Net Profit 0 Non- Disclosure Agreement Required YN No Operating Expense 0 Ownership Type Individual Ownership Type1 Individual Possible Use RetailOther Property Offered For Sale Only Real Estate Included YN Yes Sale Includes LandBusinessEquipmentTrade FixturesInventoryBusiness Name Sales Taxes 0 Sales Taxes Year 2020 Tax Annual Amount 3486 Tax Year 2020 Tenant Pays Other Total Operating Expenses Year 2020 Type Bus / Bus W/Real Est Type Of Lease None Unincorporated YN No Utilities Electric To Site Zoning Rtail

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Berkshire Hathaway Homeservices Starck Real Estate.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-07-27T23:52:22.403 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Logo
    The Wexler Group | Keller Williams Preferred Realty
    16123 S LaGrange Road
    Orland Park IL, 60467