Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • 2.76 +/- Acres
  • Strategic location in the thriving South Elgin area
  • High-demand market for potential investment growth
  • Zoned B-2 for versatile development opportunities
  • Favorable zoning regulations for ease of development

Executive Summary

2.76-acre site. Prime potential for development, given its B-2 zoning. This zoning classification allows for a variety of commercial and multifamily uses, making it an attractive prospect for investors seeking to expand or establish businesses in a thriving area.

Property Facts

Price $915,518 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 2.76 AC
Zoning B2 - B2 Zoning, potential for a wide range of commercial and multifamily developments.

1 Lot Available

Lot

Price $915,518 CAD
Price Per AC $331,709.59 CAD
Lot Size 2.76 AC

Description

Discover a prime investment opportunity with this property located in South Elgin, IL. Boasting B-2 zoning, this site offers extensive potential for a range of commercial and multifamily developments. With favorable zoning regulations and a prime location in a high-demand area, this property offers a fantastic opportunity for those looking to establish or expand their presence in a thriving community. Take advantage of the endless possibilities that this prime B-2 zoned property in South Elgin has to offer.

Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
06-34-129-001
Land Assessment
$154,500 CAD
Improvements Assessment
$0 CAD
Total Assessment
$154,500 CAD
  • Listing ID: 41421145

  • Date on Market: 2026-07-24

  • Last Updated:

  • Address: 1120 W Spring St, South Elgin, IL 60177

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}