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Listed by Kelly Schmidtof Coldwell Banker Realty
$1,250,000
Est. payment /mo
18.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12510787
Annual Tax Amount $896
Tax Year 2024
Lot Size 18.500 Acres
Lot Dimensions 717 X 1289 IRREG.
Property Sub-Type Land
Property Description
CALLING ALL DEVELOPERS, CAR DEALERSHIPS, GAS STATIONS, RETAIL STORES, ETC! HARD TO FIND, LOCATED IN A PRIME LOCATION ON RT. 47, MINUTES FROM METRA AND I-88 INTERCHANGE. 18.5 acre development parcel, contiguous and annex-able to the village of Elburn, IL. Northeast corner of Rt. 47 and Hughes Road, this acreage is within Elburn's primary expansion area and primed for a mixed-use development. Commercial uses are slated along Rt. 47 and the corner with residential uses to the east. A new church is on the south corner, residential homes are located to the east, undeveloped land is west of Rt. 47 (some of which is now being considered for a solar farm) and a Napa Auto Parts store is to the north. All utilities are in place and accessible to this parcel, subject to buyer's verification. Sold subject to a year-to-year AG-farm lease. Don't miss this unique opportunity!
Location
State IL
County Kane
Zoning AGRIC
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected
View Y/N true
Building
Sewer Storm Sewer
Water Municipal Water
Schools
High Schools Kaneland High School
School District 302, 302, 302
Others
Ownership Fee Simple
Special Listing Condition None
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com