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- LoopNet Team
30W711 Shoe Factory Rd
Elgin, IL 60120
Land For Sale
·
78.00 AC
INVESTMENT HIGHLIGHTS
- 25 miles northwest of Downtown Chicago and 12 miles from O’Hare International Airport
- Signalized intersection: Beverly Rd. and Shoe Factory Rd.
- Strong residential market with limited neighborhood convenience retail.
- Direct access to I-90 Jane Adams Tollway (100,000+ average daily traffic) through Beverly Road (eastbound only) and Sutton Road/Rt. 59 (full access)
- 4084 square feet of frontage on Shoe Factory Road.
- Situated between office and retail corridors with surrounding residential subdivisions.
PROPERTY FACTS
DESCRIPTION
The Willow Lane Acres estate consists of over seventy-seven contiguous acres of rolling countryside in unincorporated Cook County. Located at the intersection of Beverly Road and Shoe Factory Road, the property’s proximity and access to I-90 make it an ideal location for mixed-use development. The Village of Hoffman Estates has expressed interest in the site for future land use and annexation. The property’s significant landscape features and idyllic scenery make it attractive for a number of uses: neighborhood/convenience, retail, luxury residential, senior housing community, assisted living and/or memory care facility, upscale office or medical office development, meeting/events venue, educational campus, religious retreat, golf course and recreational. Jameson Commercial is pleased to offer this rare investment opportunity. Willow Lane Acres is the last large land parcel available for development on Shoe Factory Road.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $3,609 | Total Assessment | $3,609 |
PROPERTY TAXES
