Views
Address
30W770 Shoe Factory Road, Elgin, IL
Price
$ 17,770,000
Property Attributes
  • MLS#11962004
  • TypeCommercial
  • CountyCOOK
  • CityElgin
  • AreaElgin
  • Zip60120
  • StyleAgricultural,Commercial,Estate,Development,Recreat
  • Year Built1871
  • Taxes$ 72000
  • Price$ 17,770,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size80 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Wow, this ~80 acre property located in unincorporated Cook County on the border of Hoffman Estates is incredible! With multiple residences, a large barn, smaller barns, pastures, the oldest concord grape vineyard in Illinois, 3 warehouses, lakes, and scenic views, the possibilities are endless. The zoning can be changed to allow retail, and the 4,084 feet of frontage on Shoe Factory Rd is a huge plus for visibility. It's great that it's so close to the I-90 and the South Barrington retail developments. It's a fantastic opportunity to develop a subdivision with upwards of 300 homes, retail center, or keep it as your equestrian estate. The possibilities are vast. The property currently offers pastures with turnouts for all your four-legged friends. Pins: 06041000170000, 06082010010000, 06082010220000, 06082010050000, 06082020100000, 06091000010000, 06091000020000, 06091000030000, 06091000040000

Price History
1/16/2024 Listed $17,770,000

General Features

Cooling Central Air,Zoned
Utilities Electric to Site,Gas to Site,Septic-Private,Water to Site,Well Private
Zoning PUD
Year Built 1871
Electric Circuit Breakers,Separate Meters
Tenant Pays Varies by Tenant
Township Hanover
Tax Year 2022
Current Use Agricultural,Commercial,Estate,Development,Recreational,Estate,Special Use
County Cook
Property Type Commercial Sale
Possible Use Agricultural/W Bldg,Commercial,Condominium,Estate,Industrial,Office and Research,Development,Residential,Multi-Family,Single Family,Retail,Elderly Housing
Status Active
Directions I-90 West to Beverly Road. South on Beverly Rd. to property
City Elgin
MLS Area Elgin
Lot Size Square Feet 3404955
Waterfront Y/N No
Street Name Shoe Factory
Tax Annual Amount 72000
Additional Parcels Y/N Yes
Virtual Tour https://www.youtube.com/watch?v=6YFJtF1eUtc
Days on Market 7
Lease Type N/A
Standard Status Active
Property Type Instut/To Develop

Interior Features

Street Suffix Road

Exterior Features

Lot Dimensions APROX. 80 ACRES
Lot Size Acres 80
Frontage Type Signal Intersection,Township Road,US Highway

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60120

Price
AVG $1.5M
$17.77M
Taxes
AVG $21,562
$72,000
Visits
AVG 213
172
Data Provided by Inside Real Estate®
Year Built
AVG 1928
1871