This land is located in the fastest growing area of Kane County, Illinois, located on the far west side of Elgin. 237' of frontage. 9.89 acres/374,180 sq.ft. Acerage can be divided. Tentatively can be divided 6+/- acres for upscale townhomes (starting at $240,000 or custom built home lots) and also 3+/- acres for commercial development. This land is adjacent 367 total acres of upscale homes and upscale townhomes now in the building process (to the east and south of property). Also adjacent to property (to the west) is 575 acres of mix-use downtown development. There is a small area wetland on this property. A wetland survey has been done and is available for review. The wetland area is no more than .47/acre and within time this will be gone due to the fact that a 22 foot deep retention area has been dug at the property line due east in the adjacent subdivision. This small area would also make an excellent spot for a retention area on this piece of property if that is what you choose to do. The property does drain to the east. Single-family homes, townhomes and shopping in a walking environment as close as walking across the road (to the west) on the 575 acres. Location is excellent for commercial or residental use. The roof-tops are visible with a total in excess of 22,000 by 2010.
Need to sell this land. I cannot stay any longer. I buy, sell and bred quarter horses and with the area developing as quickly as it is, the sooner I can move from this area the better for my business.
Please e-mail me: mable@prodigy.net for any and all questions. You can also visit: www.cityofelgin.org for more information on the development in this area.