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1N279 Lafox Rd

3,831 SF 100% Leased Retail Building Lafox, IL 60147 $625,000 ($163/SF)

Executive Summary

FIRST TIME ON THE MARKET! The historic Potter "Store" has been generating revenue for generations. There are 4 units total- 3 commercial retail/offices and 1 second floor residential unit. The 3 Commercial units consist of the USPS LaFox Post Office and La Voda Salon, both long-term stable tenants, and one 2,800sf vacant space with finished lower level. Above the salon there is a 3-bedroom unit with 1 full bath. Located a few hundred yards east of the LaFox Metra Station, it is also just 3 miles from the tri cities Randall Road corridor and the downtowns, a growing hot spot of Chicagoland. The booming village of Elburn is also 3 miles west along Rt. 47 corridor with an I-88 interchange a few miles south providing quick access to Chicago, Dekalb and beyond. The Income and Expense Reports are available upon request.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Retail
Building Size
3,831 SF
Building Class
C
Year Built
1860
Price
$625,000
Price Per SF
$163
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.58 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 11-02-376-020
  • 11-02-376-021
Land Assessment
$26,476
Improvements Assessment
$95,882
Total Assessment
$122,358
  • Listing ID: 32247194

  • Date on Market: 6/25/2024

  • Last Updated:

  • Address: 1N279 Lafox Rd, Lafox, IL 60147

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