49 Ac Elgin Development Site
| Status: | Active |
| County: | Kane |
| Township: | Plato |
| Address: | 39W830 Highland Ave Elgin IL 60124 |
| Gross Land Area: | 49.9 Total acres in three fields |
| Hectare Conversion | |
| Property Type: | Farmland with buildings |
| Possible Uses: | Future single family development |
| Total Investment: | $784,000.00 |
| Monetary Conversion | |
| Unit Price: | $16,000 per acre |
| Productivity Index (PI): | PI Index is 129.8 |
| Buildings: | Yes |
| Utilities: | Utilities are near the site |
| Zoning: | Agriculture |
For more information contact:
Mark Goodwin
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.
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Property Overview
49.9 total acres in three fields. Potential residential development. Utilities available at the south property line. Great road frontage on Highland avenue on the west edge of the Elgin City limits. Buildings are being leased.+ View Brochure
+ View Property Disclaimer and Disclosure.
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Property Notes
Property Map
Listing Details
General Information |
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| Listing Name: | 49 Acre Elgin Development Site | |
| Tax ID Number/APN: | 05-01-100-005 1.36 Acres 05-01-100-006 5.71 Acres 05-01-300-013 4.96 Acres 05-01-300-014 8.50 Acres 05-01-100-011 28.79 Acres |
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| Possible Uses: | Residential development potential. | |
| Zoning: | Agriculture | |
Area & Location |
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| School District: | Central Community Unit School District No. 301 Burlington, IL |
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| Market Type: | Suburban | |
| Location Description: | Good road frontage on Highland avenue on the far west-side of Elgin. | |
| Site Description: | The site is split into three sections for a total of 49.9 acres. Approximately 45 tillable acres with older farmhouse and farm buildings. | |
| Side of Street: | North and south side of Highland Avenue. | |
| Highway Access: | Approximately 5 miles to I-90 & Randall road interchange. | |
| Road Type: | Asphalt road surface. | |
| Largest Nearby Street: | Highland and Randall | |
Land Related |
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| Lot Frontage (Feet): | 1246 feet of frontage on the north-side of Highland Ave. 754 feet of frontage on the south-side of Highland Ave. (west parcel) 992 feet of frontage on the south-side of Highland Ave. (east parcel) |
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| Buildings: | Full set of farm buildings are currently leased. | |
| Flood Plain or Wetlands: | Triangular parcel does have wetlands. | |
| Topography: | Flat to gently rolling | |
| Available Utilities: | Sewer and water are available from the city of Elgin. Connection is on the south side of the railroad tracks. | |
Financials |
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| Finance Data Year: | Taxes are based on the 2015 tax year with payment in 2016. | |
| Real Estate Taxes: | 05-01-100-005 1.36 Acres $72 05-01-100-006 5.71 Acres $102 05-01-300-013 4.96 Acres $220 05-01-300-014 8.50 Acres $116 05-01-100-011 28.79 Acres $7,990 Total real-estate taxes with buildings $8,500 |
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| Investment Amount: | The investment amount for this development property is $784,000 or $16,000 per acre. | |
Location |
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| Address: | 39W830 Highland Ave Elgin, IL 60124-7940 |
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| County: | Kane County | |
| MSA: | Elgin-Chicago | |
MARK GOODWIN PROFESSIONAL BIOGRAPHY
It is difficult to find a real estate professional that specializes in Illinois Land Brokerage. Our services area includes Kendall County, Grundy County, Kane County, LaSalle County, Kankakee County, Livingston County, Ford County,Bureau, Henry County, Kane County, Dekalb County, Lake County, Iroquois County, Vermilion County, Kankakee County, and Cook County. Illinois Land Brokerage is a very specialized segment of the real estate brokerage industry. Knowledgeable Land Brokers are difficult to find. Many agents can sell a farm, but how many have the experience and qualifications of Goodwin and Associates?
Mark Goodwin is a Illinois Land Broker who can advise you about your land asset. It takes an experienced Illinois Land Broker to understand how best to market your land asset or find the property that best fits the investors needs or desires. Goodwin and Associates is the Land Broker for you in Illinois. We can help you with the marketing of your farm, residential development land, industrial land and commercial land or help with the selection of farmland, commercial land, retail land, industrial land, residential development land, residential lots, industrial lots and commercial lots. We are here to help you reach your goals.
Mark Goodwin - Illinois Land Broker
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.