49 Ac Elgin Development Site

Vacant Land for Sale
Catylist Listing ID: 30162359
Property Subtypes: Agricultural, Residential (Single Family)
Gross Land Area: 49.90 Acres
Sale Price: $998,000
Unit Price: $20,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/15/2018

Overview / Comments

49.9 total acres in three fields. Potential residential development. Utilities available at the south property line. Great road frontage on Highland avenue on the west edge of the Elgin City limits.

Attachments & Media

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Kane
Largest Nearby Street: Highland and Randall
Feet of Frontage: 1,246
Highway Access: Approximately 5 miles to I-90 & Randall road interchange.
Site Description: The site is split into three sections for a total of 49.9 acres. Approximately 45 tillable acres with older farmhouse and farm buildings.
Area Description: Good road frontage on Highland avenue on the far west-side of Elgin.
Lot Frontage: 1246 feet of frontage on the north-side of Highland Ave. 754 feet of frontage on the south-side of Highland Ave. (west parcel)
Zoning Description: Agriculture
Development Name: 49 Ac Elgin Development Site
Topography: Level

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,808 91,889
Median Age: 38.44 36.28
Households: 3,377 31,714
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