380 North La Fox Street South Elgin, IL 60177

$350,000
0.41
Acres
$350,000
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sold - 02/09/2023
1/13
Street View

A neighborhood Marathon gas station sits on about 17,000 +- total Sq. ft. of land with approximately 1,600 Sq. ft. of grocery store and approximately 850 Sq. ft. of previously tunnel car wash, (currently plain/vacant/ empty/Shel-box) and out of equipment can serve as repair shop or put back to a car wash operation). Located in middle of combined residential and commercial district. Selling an average of 25-30 K gallons with about 30K in grocery. Per seller's statement the site approved by the State and the village for liquor license and gaming permit. Inactive car-wash rentable market probably around $1500-2500 per month for hand car-wash or mechanic shop. Near other businesses and retails stores. Operation 6:00 a.m. to 7:00 p.m. Affordable real estate taxes. Motivated sellers.

A neighborhood Marathon gas station sits on about 17,000 +- total Sq. ft. of land with approximately 1,600 Sq. ft. of grocery store and approximately 850 Sq. ft. of previously tunnel car wash, (currently plain/vacant/ empty/Shel-box) and out of equipment can serve as repair shop or put back to a car wash operation). Located in middle of combined residential and commercial district. Selling an average of 25-30 K gallons with about 30K in grocery. Per seller's statement the site approved by the State and the village for liquor license and gaming permit. Inactive car-wash rentable market probably around $1500-2500 per month for hand car-wash or mechanic shop. Near other businesses and retails stores. Operation 6:00 a.m. to 7:00 p.m. Affordable real estate taxes. Motivated sellers.

  • Neighborhood
  • Type
  • County
    Kane
  • Area
    South Elgin
  • Tax Amount
    $16,322
  • Status
    Sold
  • Listing #
    11302024
  • Lot Size
    0.41
  • Listed on site
    826 days
  • Sold Price
    350000

Listed by:
Century 21 Circle

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Century 21 Circle.
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning

Property History

DateDays AgoEventNew Price
Feb 14, 20231 yr agoPrice decreased449,000 (56%)$350,000
Jun 28, 20222 yrs agoPrice increased300,000 (38%)$799,000
Jun 3, 20222 yrs agoPrice decreased100,000 (17%)$499,000
Apr 5, 20222 yrs agoPrice decreased30,000 (5%)$599,000
Mar 15, 20222 yrs agoPrice decreased120,000 (16%)$629,000
Jan 11, 20222 yrs agoNew on market$749,000
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