For Sale
$175,000

799 Summit St Elgin, IL 60120

23,674 SF Commercial Land, $175,000

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 23,674 square foot commercial land parcel presents a remarkable investment opportunity in the thriving city of Elgin, Illinois. Located at 799 Summit Street, this property boasts a highly desirable Area Business (AB) zoning designation, opening doors to a wide array of commercial development possibilities. The strategic location on Summit Street, a high-traffic thoroughfare with an average daily volume of 13,700 vehicles, ensures exceptional visibility and accessibility for any future business. This prime location is further enhanced by its proximity to established and successful retailers, including an Aldi store, Walgreens, Marathon Gas station, and an AutoZone. The asking price for this exceptional land parcel is $175,000, representing a compelling value proposition in a rapidly growing market. The property's size and zoning provide ample flexibility for a variety of commercial ventures, making it an ideal investment for both seasoned developers and new entrepreneurs seeking a strategic foothold in a vibrant commercial corridor. The property is situated in Kane County, Illinois, and has a zip code of 60120. This is a rare opportunity to acquire a significant commercial land parcel in a prime location with excellent visibility and strong surrounding retail presence. Don't miss this chance to secure your place in Elgin's dynamic commercial landscape.

Highlights

  • Price: $175,000
  • High-traffic location on Summit St. (13,700 vehicles per day)
  • Strong retail co-tenancy including Aldi, Walgreens, Marathon, and AutoZone.
  • AB (Area Business) zoning.

Property Details for 799 Summit St

Property type
Land

Location Insight

City
Elgin
County
Kane
State
Illinois
Latitude
42.0459062
Longitude
-88.2603374

FAQs

What type of property is this?
Land - 23,674 SF Commercial Land, $175,000
Where is the land located?
The property is located at 799 Summit St Elgin, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Price: $175,000; High-traffic location on Summit St. (13,700 vehicles per day); Strong retail co-tenancy including Aldi, Walgreens, Marathon, and AutoZone.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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799 Summit St
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