Elgin, IL 60124,003 South ST
Elgin, IL 60124,003 South ST
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$ 600,000
Est. payment | /mo

8.4 Acres Lot


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$ 600,000
Est. payment | /mo
Save

8.4 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10963672

Annual Tax Amount $411

Tax Year 2021

Lot Size 8.400 Acres

Lot Dimensions 425X850

Property Description

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.)

Location

State IL

County Kane

Area Elgin

Zoning MULTI

Interior

Fireplace N

Exterior

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

Waterfront true

Building

Dwelling Type Land

Schools

School District 301 , 301, 301

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Ben Henrikson • RE/MAX Horizon

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