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1120 W Spring St - 1120 W. Spring Street 2.76 Acres of Commercial Land Offered at $650,000 in South Elgin, IL 60177
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
1 Lot Available
Lot
| Price | $650,000 | Lot Size | 2.76 AC |
| Price Per AC | $235,507.25 |
| Price | $650,000 |
| Price Per AC | $235,507.25 |
| 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
| Parcel Number | 06-34-129-001 | Improvements Assessment | $0 |
| Land Assessment | $109,692 | Total Assessment | $109,692 |
Property Taxes
Parcel Number
06-34-129-001
Land Assessment
$109,692
Improvements Assessment
$0
Total Assessment
$109,692
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