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3271 US 20
Elgin, IL 60124
Multi-Family/Assisted Living · Land For Sale · 4.50 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Hold For Development
Total Lot Size 4.50 AC
Zoning PAB

DESCRIPTION

• Zoning is approved for 64 townhome development • Approved for assisted living, the city prefers multi-family development for the site • Nearly 2 million in site improvements completed, including, storm water catch basin and retention pond, access to road and signage • Sanitation sewer and water are to site • Sidewalks, curbs, grading, removal of black dirt and landscaping complete • Preliminary plans for 64 town homes available • Seller completion available • Seller was contracted to build at this site, open to sale or Joint Venture • 60-90 days to pull permits • 16-18 months to complete construction

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-18-225-005
Land Assessment
$2,371
Improvements Assessment
$0
Total Assessment
$2,371
  • Listing ID: 25716765

  • Date on Market: 5/16/2022

  • Last Updated:

  • Address: 3271 US 20, Elgin, IL 60124

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