003 South Street Elgin, IL ^$ 600,000

003 South Street

^$ 600,000

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003 South Street

Elgin, IL, 60124

^$ 600,000

Studio Baths0.0

Monthly Estimate*

^$ 3,988

003 South Street, Elgin, IL 60124 - Image 1

003 South Street, Elgin, IL 60124 - Image 2

Studio

Lots and Land for sale in Elgin, IL

for $600,000. The lot size is 8.4.

8.0 Acre potential Multi-family zoned lot located in 301 school district. This lot is has final plat approval from the City and will have all City services. This lot has immediate access off of South St. The new street(Prairie Shore Dr.) is planned for construction in Spring '2023 and there will be no recapture fees on this lot. Zoning is PSFR2. Lot 1 is being developed as a four story senior living center with 154 residences with frontage on Randall Road. Lot 2 is available for sale and also potential zoned Multi-family (See listing #10963652.)

Lots and Land Active

Price

^$ 600,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 411

Style

Agricultural

Lot Size

8.4

Town/City

Elgin

County/Region

Kane

MLS | Web ID

10963672

Features

General

Utilities Electric to Site Gas to Site Sanitary Sewer Sewer-Storm Available Water-Municipal

Possession Closing

Zoning MULTI

Township Elgin

Tax Year 2021

Current Use Agricultural

Percent Ownership Fee Simple

County Kane

Property Type Land Land

Status Active

Directions Randall Road to South St. W. to Prairie Shore Dr. (new street to be built just West of the Target Shopping Center South entrance on the South side of the street). This lot will be on the South side o

City Elgin

High School District 301

MLS Area Elgin

Waterfront Y/N Y

Street Name South

Tax Annual Amount 411

Days on Market 1143

Standard Status Active

Middle/Junior School District 301

Elementary School District 301

Exterior

Total Parking 0

Lot Dimensions 425X850

Lot Size Acres 8.4

Road Surface Type Asphalt

Frontage Length 700

Frontage Type City Street

Interior

Street Suffix Street

Total Baths 0

* Excluded Features

List By

Re/Max Horizon

Broker

benhenrikson@remax.net;benhenrikson@gmail.com

Affordability Calculator

$4,022

Per Month

Monthly Principal & Interest: $3,988
Monthly Property Taxes: $34
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Elgin, IL

Average List Price ^$579,171

Percent of Sale Price 3%

About Elgin, IL

114,155 Population

21% Since 2002

^$61,828 Median Income

35.71 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566352 Elementary School

565465 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/5/2021	$600,000		Listed Price

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003 South Street, Elgin, IL, 60124 is a Lots and Land for sale at $600,000 with a lot size of 8.4. 003 South Street is a studio with 0.0 baths. The property's zip code is 60124 which is in Elgin, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/30/2024.

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003 South Street

Lots and Land for sale in Elgin, IL

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