964 Saint Charles Street

Elgin, IL 60120

About this property

Exceptional opportunity for investors and business owners! This beautifully remodeled brick mixed-use building offers a spacious commercial storefront, spacious storage, a garage, and two well-maintained residential rental units above. Completely renovated from the ground up, this turnkey property combines immediate rental income with excellent potential for additional revenue. Both residential units are occupied under one-year leases, generating a combined $3,600 per month. The currently vacant commercial space features approximately 1,239 square feet of storefront space, plus an additional 800 square feet of storage and garage space. High visibility and ample parking make it an appealing location for an office, professional services firm, or small construction-related business, subject to applicable zoning. Operate your business downstairs while the residential rental income helps offset ownership expenses, or lease the commercial space for a projected $2,200 per month to bring the property's potential total gross rental income to $69,600 annually. Beautifully updated and offering flexible ownership options, this property is an outstanding opportunity to bring your business, investment goals, or both under one roof!

Date Listed
November 13th, 2026
Listing Status
Active
MLS#
12808516
Lot Size
0.206
Property Type
Commercial
$449,900 Active
Listed By Basel Tarabein
Brokerage: RE/MAX At Home
Listed By Basel Tarabein
Brokerage: RE/MAX At Home
Listed By Basel Tarabein
Brokerage: RE/MAX At Home