375-395 E State Street — South Elgin, IL 60177
Active
▼ $50,000
South Elgin, IL 60177

375-395 E State Street

$670,000
0 beds · 0 baths
$50,000 below original 380 days on market $12,837/yr taxes
01About this home

This well-maintained 4-unit mixed-use strip center presents an excellent investment opportunity with a strong mix of stable income and future upside. Located on a high-visibility corner lot totaling 13,743 square feet, the property features a two-story structure with 8,880 square feet of space. The ground floor includes three retail units, two of which are currently leased below market rent, while the third is leased near market rates. The second floor, configured for office use, is currently vacant, providing the potential for additional rental income or use by an owner-occupant. Ample on-site parking and strong frontage on a high-traffic corridor enhance the property's appeal for retail, office, or service-oriented businesses. With below-market leases, immediate leasing opportunities, and flexible use options, this asset is well-positioned for value growth and strong long-term returns.

02Inside the home
03By the numbers
$670,000
List price
Square feet
Bedrooms
Bathrooms
1955
Year built
Lot size
Garage spaces
$12,837
Annual taxes
Retail/Stores
Style
380
Days on market
04Features
Cooling
Central Air
05Neighborhood
  • Willy & Grace Diner 950 ft
  • La Casa de Pollo Asado 0.5 mi
  • Azteca de Oro 0.5 mi
  • Dog's Paw Brewing 0.6 mi
  • Taqueria El Cokito 0.6 mi
  • Jimmy John's 0.7 mi
  • Mobil Mart 900 ft
  • Butera Market 0.3 mi
  • La Roca 0.7 mi
  • Super Saver Foods 0.8 mi
  • Mobil Mart 0.8 mi
  • BP Shop 0.8 mi
  • Ryerson Park 600 ft
  • Central Park 0.4 mi
  • Marie Grolich Park 0.4 mi
  • Festival Park 0.5 mi
  • Kiwanis Park 0.6 mi
  • Memorial Park 0.6 mi
  • Dunkin' 0.3 mi
  • Churros Y Chocolate 0.6 mi
  • Viator Coffee Co. 0.7 mi
  • Blue Box Cafe 0.8 mi
  • Almar Elgin Nutrition 1.2 mi
  • Dunkin' 1.3 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Apr 29, 2026
Price reducedThis listing
Infiniti Realty & Development, Inc.
$670,000
−$50,000
Apr 16, 2025
Listed for saleThis listing
Infiniti Realty & Development, Inc.
$720,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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09Similar homes
Listed by Infiniti Realty & Development, Inc. · Timothy Winkler · 630-903-8663
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12339546
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