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002 South St
Elgin, IL 60124
Lot 003 · Land For Sale
·
8.00 AC
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 | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 8.00 AC |
| Zoning | PSFR2 - Planned Single Family Residence 2 | ||
| 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 | $600,000 | Lot Size | 8.00 AC |
| Price Per AC | $75,000.00 |
| Price | $600,000 |
| Price Per AC | $75,000.00 |
| 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
| Parcel Number | 06-20-276-006 | Improvements Assessment | $0 |
| Land Assessment | $20,700 | Total Assessment | $20,700 |
PROPERTY TAXES
Parcel Number
06-20-276-006
Land Assessment
$20,700
Improvements Assessment
$0
Total Assessment
$20,700
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