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1480 Villa - Prime Elgin Commercial/ Industrial

1.79 Acres of Commercial Land Offered at $245,000 in Elgin, IL 60120

Investment Highlights

  • 1.79 acre commercial/industrial land site
  • Potential development opportunities include retail, office, industrial and limited use
  • Hard corner location on major westbound thoroughfare into Elgin

Executive Summary

A 1.79 acre (or 75,359 square foot) development site, located on a traffic-lit intersection in Elgin is available for. Situated in a highly visible, hard corner location, in close proximity to downtown Elgin and major commercial thoroughfares, this site can be developed for a multitude of commercial uses, including industrial. All utilities are available to the site. Great opportunity for a developer or investor. Business in the area include Starbucks, Target, Panera Bread, Marshalls and several restaurants.

Property Facts

Price $245,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 1.79 AC

1 Lot Available

Lot

Price $245,000
Price Per AC $136,871.51
Lot Size 1.79 AC

A 1.79 acre (or 75,359 square foot) development site, located on a traffic-lit intersection in Elgin is available for sale. Zoned and approved for a 13,470 sq foot flex warehouse building.

Description

A 1.79 acre (or 75,359 square foot) development site, located on a traffic-lit intersection in Elgin is available for sale at auction. Situated in a highly visible, hard corner location, in close proximity to downtown Elgin and major commercial thoroughfares, this site can be developed for a multitude of commercial uses, including industrial. All utilities are available to the site. Great opportunity for a developer or investor. Business in the area include Starbucks, Target, Panera Bread, Marshalls and several restaurants.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-20-300-021-0000
Land Assessment
$26,402
Improvements Assessment
$0
Total Assessment
$26,402
  • Listing ID: 28224097

  • Date on Market: 4/13/2023

  • Last Updated:

  • Address: 1480 Villa, Elgin, IL 60120

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