005 SOUTH Street Elgin, IL $ 1,200,000
005 SOUTH Street
$ 1,200,000
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005 SOUTH Street

Elgin, IL, 60123
$ 1,200,000
Baths0.0

Monthly Estimate*

$ 7,976

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Studio

Farms/Ranches for sale in Elgin, IL

for $1,200,000. The lot size is 24.

24 ACRES ALONG RANDALL ROAD CORRIDOR. LOCATED DIRECTLY BEHIND THE OTTER CREEK SHOPPING CENTER AND ADJOINS THE SOUTH END OF THE ELGIN COUNTRY CLUB. LONG STRETCH OF FRONTAGE ON SOUTH ST., JUST WEST OF RANDALL. THIS IS A TRANSITIONAL PARCEL WITH MANY POTENTIAL USES. COULD BE RESIDENTIAL/MULTI-FAMILY/ASSISTED LIVING/OFFICE/ORGANIZATIONAL/ETC. ANY PROPOSED USE WOULD NEED CITY APPROVAL. COMMERCIAL RETAIL TO EAST AND RESIDENTIAL TO THE WEST ARE NEIGHBORING USES. ADDITIONAL LAND (TOTALING 18 ACRES) FOR SALE LOCATED ACROSS SOUTH STREET FROM THIS PROPERTY.

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Farms/Ranches Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 2,160

Style

Agricultural

Lot Size

24

Town/City

Elgin

County/Region

Kane

MLS | Web ID

10963683

Features
General
Utilities Electric Nearby Gas Nearby Sanitary Sewer Water-Municipal Water Nearby
Possession Closing
Zoning AGRIC
Township Elgin
Tax Year 2019
Current Use Agricultural
Percent Ownership Fee Simple
County Kane
Property Type Farm Land
Possible Use Commercial Estate Office and Research Development Residential Multi-Family Single Family Special Use Zoning Change Required
Status Active
Directions RANDALL ROAD TO SOUTH ST. WEST. PROPERTY IS ADJACENT TO OTTER CREEK SHOPPING CENTER ON NORTH AND EAST
City Elgin
High School District 301
MLS Area Elgin
Waterfront Y/N N
Street Name SOUTH
Tax Annual Amount 2160
Additional Parcels Y/N N
Days on Market 1115
Standard Status Active
Middle/Junior School District 301
Elementary School District 301
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Exterior
Total Parking 0
Lot Dimensions 1200X950
Lot Size Acres 24
Road Surface Type Asphalt
Frontage Length 900
Frontage Type City Street
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Interior
Street Suffix Street
Total Baths 0
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* Excluded Features
List By
Re/Max Horizon

Broker

benhenrikson@remax.net;benhenrikson@gmail.com

Email

Affordability Calculator

$8,156
Per Month
98%
2%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
$180
Monthly Home Insurance
--
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
566352 Elementary School
565465 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2021$1,200,000 Listed Price

Map


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005 SOUTH Street, Elgin, IL, 60123 is a Farms/Ranches for sale at $1,200,000 with a lot size of 24. 005 SOUTH Street is a studio with 0.0 baths. The property's zip code is 60123 which is in Elgin, IL