Address
40 Acres Randall Road, Elgin, IL
Price
$ 9,250,000
Property Attributes
  • MLS#11916080
  • TypeLand
  • CountyKANE
  • CityElgin
  • AreaElgin
  • Zip60123
  • StyleAgricultural
  • Taxes$ 10060
  • Price$ 9,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size40.4 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Exceptional mixed use development opportunity! Potential for combination of commercial and multi-family. Rare Randall Road location with 40,000 vehicles per day at a full signalized intersection. Ideal location for strip center, fast food, gas station, convenience store, sit down restaurants, auto sales, etc. Sewer and water adjacent, ready to develop! Adjacent to Sam's & Walmart with possible shared access. Potentially divisible. +/-40.4 acres

Price History
10/25/2023 Listed $9,250,000

General Features

Utilities Sanitary Sewer,Water Nearby
Possession Closing
Zoning AGRIC
Township Elgin
Tax Year 2022
Current Use Agricultural
Percent Ownership Fee Simple
County Kane
Property Type Land
Possible Use Commercial
Status Active
Directions The property is generally located at the northwest corner of Randall & Hopps in unincorporated Kane County,adjacent to Elgin.
City Elgin
High School District 46
MLS Area Elgin
Waterfront Y/N No
Street Name Randall
Tax Annual Amount 10060.36
Additional Parcels Y/N Yes
Days on Market 9
Standard Status Active
Middle/Junior School District 46
Elementary School District 46
Property Type Land

Interior Features

Street Suffix Road

Exterior Features

Lot Dimensions 1500X1200
Lot Size Acres 40.4
Road Surface Type Asphalt
Frontage Length 1500
Frontage Type County Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 60123

Price
AVG $1.68M
$9.25M
Taxes
AVG $2,613
$10,060
Visits
AVG 377
445
Data Provided by Inside Real Estate®
Walkscore
AVG 43
60
Data Provided by Walkscore® not using MLS data