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Listed by DAMON HEIM • COLDWELL BANKER NETWORK REALTY
$ 235,000
Est. payment | /mo
4,134 SqFt
$ 235,000
Est. payment | /mo
4,134 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,134 sqft
Price per Sqft $56
Subdivision Il
MLS Listing ID 202603084
Annual Tax Amount $2,490
Tax Year 2025
Lot Size 4,356 Sqft
Property Sub-Type Commercial
Property Description
Opportunity knocks in the heart of downtown Elizabeth! Prominently positioned along Main Street, this expansive brick-front commercial building offers incredible visibility, character, and flexibility with over 8,000 square feet of combined space across two levels. The main level features more than 4,000 square feet currently configured as open retail space with excellent flow, wide storefront windows, abundant display areas, and a defined rear section ideal for office use, curated retail, or additional business operations. The lower level adds another 4,000+ square feet and offers tremendous versatility with portions currently utilized for additional retail display alongside extensive storage, warehouse, and workspace areas, complete with a dedicated office, two toilet rooms, and rear access to the alley for convenient loading and deliveries. Rich with vintage charm and commercial potential, the property lends itself to a wide variety of business concepts. Some improvements during current ownership include the addition of a durable metal roof and solar panels for enhanced energy efficiency and reduced operating costs. Set amidst the historic architecture and small-town atmosphere of Elizabeth's downtown district, this is a rare opportunity to own a substantial commercial property with exceptional space, functionality, and long-term potential in one of Northwest Illinois' most charming communities.
Location
State IL
Rooms
Basement Full Partially Finished
Interior
Hot Water Electric
Heating Gas Forced Air
Flooring Carpet, Vinyl, Tile, Concrete
Exterior
Exterior Feature Brick, Concrete Block
Roof Type Metal
Building
Sewer City
Water City
Schools
School District River Ridge