964 Saint Charles ST, Elgin, IL 60120
964 Saint Charles ST, Elgin, IL 60120
964 Saint Charles ST, Elgin, IL 60120
964 Saint Charles ST, Elgin, IL 60120
964 Saint Charles ST, Elgin, IL 60120
964 Saint Charles ST, Elgin, IL 60120
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$ 449,900
Est. payment | /mo

3,887 SqFt


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$ 449,900
Est. payment | /mo
Save

3,887 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,887 sqft

Price per Sqft $115

MLS Listing ID 12808516

Year Built 1953

Annual Tax Amount $7,774

Tax Year 2025

Lot Size 8,973 Sqft

Lot Dimensions 67 X 134

Property Sub-Type Mixed Use

Property Description

Exceptional opportunity for investors and business owners! This beautifully remodeled brick mixed-use building offers a spacious commercial storefront, spacious storage, a garage, and two well-maintained residential rental units above. Completely renovated from the ground up, this turnkey property combines immediate rental income with excellent potential for additional revenue. Both residential units are occupied under one-year leases, generating a combined $3,600 per month. The currently vacant commercial space features approximately 1,239 square feet of storefront space, plus an additional 800 square feet of storage and garage space. High visibility and ample parking make it an appealing location for an office, professional services firm, or small construction-related business, subject to applicable zoning. Operate your business downstairs while the residential rental income helps offset ownership expenses, or lease the commercial space for a projected $2,200 per month to bring the property's potential total gross rental income to $69,600 annually. Beautifully updated and offering flexible ownership options, this property is an outstanding opportunity to bring your business, investment goals, or both under one roof!

Location

State IL

County Kane

Area Elgin

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Roof Type Rubber

Building

Dwelling Type Mixed Use

Structure Type Brick,Block

Midwest Real Estate Data (MRED) IDX
Listed by Basel Tarabein of  RE/MAX At Home 

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964 Saint Charles ST