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81 S McLean Blvd - South Elgin Professional Center

1.33 Acres of Commercial Land Offered at $199,900 in South Elgin, IL 60177

Investment Highlights

  • EXCELLENT LOCATION ADJACENT TO GAIL BORDEN PUBLIC LIBRARY
  • OWNER WILL CONSIDER BUILR TO SUIT
  • WELL ESTABLISHED AND SUCCESFUL CONDOMINIUM COMPLEX
  • 2021 REAL ESTATE TAXES ARE $2,227.00
  • IMMEDIATE NEIGHBORS ARE WALGREENS, CVS PHARMACY, BUTTERS FOODS, AND CHILD CARE.

Executive Summary

Ideal location for Medical or Professional use. Immediate neighbors include Walgreens, CVS Pharmacy, Buttera Foods, as well as Gail Borden Public Library. Site is available for sale, with ownership willing to consider a build to suit. Excellent opportunity for investment or immediate use.

Property Facts

Price $199,900
Sale Type Investment or Owner User
Sale Conditions
Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Hold For Investment
  • Medical
Total Lot Size 1.33 AC
Cross Streets Spring

1 Lot Available

Lot

Price $199,900
Price Per AC $150,301
Lot Size 1.33 AC

Last remaining site in a well established Office Condominium Complex. Property consists of 1.33 acre site and includes concrete foundation, (with sewer lines) approved for a 12, 500 square foot future one-story office building.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-34-176-048
  • 06-34-176-037
Land Assessment
$46,451
Improvements Assessment
$42,721
Total Assessment
$89,172

zoning

Zoning Code B-2 (Community Business)
B-2 (Community Business)
  • Listing ID: 27194293

  • Date on Market: 11/28/2022

  • Last Updated:

  • Address: 81 S McLean Blvd, South Elgin, IL 60177

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