Prime Mixed-Use Redevelopment Opportunity

230-238 N McLean Blvd Elgin, IL 60123

230-238 N McLean Blvd, Elgin, IL, 60123
230-238 N McLean Blvd, Elgin, IL, 60123 230-238 N McLean Blvd, Elgin, IL, 60123 230-238 N McLean Blvd, Elgin, IL, 60123 230-238 N McLean Blvd, Elgin, IL, 60123 230-238 N McLean Blvd, Elgin, IL, 60123 230-238 N McLean Blvd, Elgin, IL, 60123 230-238 N McLean Blvd, Elgin, IL, 60123 230-238 N McLean Blvd, Elgin, IL, 60123 230-238 N McLean Blvd, Elgin, IL, 60123 230-238 N McLean Blvd, Elgin, IL, 60123 230-238 N McLean Blvd, Elgin, IL, 60123 230-238 N McLean Blvd, Elgin, IL, 60123 230-238 N McLean Blvd, Elgin, IL, 60123 230-238 N McLean Blvd, Elgin, IL, 60123
FOR SALE
Property Type:
Street Retail
Amount:
$699,000
Last Verified:
Dec 01, 2025

Daily Email Blast
0 times



Description

• Past use was florist / retail storefront.
• Good fit for neighborhood retail, service, or small office conversion.
• Redevelopment opportunity

• Nearby is the Town & Country Shopping Center with tenants that include Elgin Fresh Market, family dollar, etc.
• U.S. Route 20 crosses McLean Boulevard nearby Kimball Elementary (Kimball School) is located about 2 miles north along McLean Blvd.
• Pace Bus Route 549 runs along McLean Blvd and covers stops serving educational institutions like Elgin Community College and Larkin High School.
• The Elgin Transportation Center / Elgin Metra Station is 1.8 miles away giving commuting options

Building Size: 3674sq ft
Lot Size: 0.5 acres


Documents

Sale Brochure (New)

Map of 230-238 N McLean Blvd, Elgin, IL, 60123

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.