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002 South St
Elgin, IL 60124
Lot 003 · Land For Sale · 8.00 AC

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INVESTMENT HIGHLIGHTS

  • Zoned PSFR2
  • Immediate access off of South St
  • Annexed and will have all City services

EXECUTIVE SUMMARY

8.0 Acre Multi-family zoned lot located in 301 school district. This lot is fully annexed and will have all City services. This lot has immediate access off of South St. The new street(Prairie Shore Dr.) is planned for construction in Spring '21 and there will be no recapture fees on this lot. Zoning is PSFR2. Lot 001 is being developed as a four story senior living center with 154 residences with frontage on Randall Road. Lot 002 is available for sale and also zoned Multi-family. Lot 004, which is adjacent to the West of this lot is also for sale.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 8.00 AC
Zoning PSFR2 - Planned Single Family Residence 2

1 LOT AVAILABLE

Lot Lot 003

Price $837,552 CAD
Price Per AC $104,694.00 CAD
Lot Size 8.00 AC

This lot is fully annexed and will have all City services. This lot has immediate access off of South St. The new street(Prairie Shore Dr.) is planned for construction in Spring '21 and there will be no recapture fees on this lot. Zoning is PSFR2

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-20-276-006
Land Assessment
$28,896 CAD
Improvements Assessment
$0 CAD
Total Assessment
$28,896 CAD
  • Listing ID: 22096020

  • Date on Market: 2021-01-28

  • Last Updated:

  • Address: 002 South St, Elgin, IL 60124

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