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Professional Office Building 415 S Main St

2,579 SF Retail Building Elburn, IL 60119 £469,470 (£182/SF)

Investment Highlights

  • Freestanding Masonry Building
  • Currently a Law Office
  • High-end Interior Finishes
  • Prominent Location
  • Dramatic 2017 Renovations
  • ATM Drive-thru Leased to 5/3 Bank

Executive Summary

Freestanding, 2,579 sf commercial building on prominent corner lot with mature trees. Former bank branch. Currently a law office. 1995 masonry construction. Dramatic, full interior renovation in 2017 with high-end finishes. Mix of private offices & conference rooms. Includes plenty of storage, all new electric, and updated fire system.
Furniture & equipment is negotiable. Potential to expand building by enclosing two covered drive-thru lanes. 5/3 Bank leases outer drive-thru for ATM. Private parking lot. 2023 Taxes: $15,341. PIN: 11-05-301-001
LOCATION: On Main St (Rt 47), on the south side of downtown Elburn. Located on a prominent corner at South St. Near Bob Jass Chevrolet and Ream's Meat Market. 10 minutes west of Randall Rd in Geneva. 1.0 mile south of IL Rt 38. 0.5 mile north of Keslinger Rd.
Demographics (10 mi): Population - 176,750. Avg household income: $170,000.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Building Size
2,579 SF
Building Class
C
Year Built
1995
Price
£469,470
Price Per SF
£182
Number of Floors
1
Building FAR
0.10
Land Acres
0.59 AC
Zoning
B-1
Parking
14 Spaces (5.43 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-05-301-001
Land Assessment
£42,480 (2023)
Improvements Assessment
£89,817 (2023)
Total Assessment
£132,297 (2023)
  • Listing ID: 33059030

  • Date on Market: 04/09/2024

  • Last Updated:

  • Address: 415 S Main St, Elburn, IL 60119

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