526 N Main St Elburn, IL 60119
Estimated payment $5,774/month
About This Lot
Prime 8.91-acre development opportunity in thriving downtown Elburn, offering exceptional potential for commercial, multifamily, or mixed-use projects. Strategically positioned with 450.33 feet of frontage along Route 47, this parcel benefits from high visibility and accessibility, with an IDOT-reported traffic count of 9,600 vehicles. The site is equipped with municipal water, sewer, gas and electric. The surrounding area is poised for growth, with a steady flow of traffic and proximity to key amenities, making it a magnet for businesses and residents alike. The high traffic count along Route 47 ensures a consistent customer base for commercial ventures, while the village's welcoming community and strategic location support the demand for quality housing options. This property presents a rare opportunity to capitalize on a growing market with strong demographic trends. Whether you're a developer seeking to create a landmark commercial hub, a multifamily community, or a vibrant mixed-use destination, this 8.91-acre parcel offers unmatched potential. Don't miss the chance to secure a prime development site in a high-traffic, infrastructure-ready location. Contact us today!
Listing Agent
RE/MAX All Pro - St Charles License #475146251 Listed on: 08/19/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,273
Lot Details
- 8.91 Acre Lot
- Property fronts a state road
- Property is zoned PUD
Home Design
- Mixed Use
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,273 | $106,581 | $73,066 | $33,515 |
| 2023 | $16,098 | $168,526 | $117,343 | $51,183 |
| 2022 | $15,342 | $153,554 | $106,918 | $46,636 |
| 2021 | $14,749 | $144,986 | $100,952 | $44,034 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $23,061 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $2,306,070 | $215,440 | $148,756 | $66,684 |
| 2016 | $3,494 | $31,763 | $7,286 | $24,477 |
| 2015 | -- | $30,886 | $7,085 | $23,801 |
| 2014 | -- | $31,360 | $7,194 | $24,166 |
| 2013 | -- | $31,886 | $7,315 | $24,571 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | For Sale | $925,000 | +112.6% | -- |
| 10/15/2020 10/15/20 | Sold | $435,000 | -20.8% | $57 / Sq Ft |
| 10/02/2020 10/02/20 | Pending | -- | -- | -- |
| 07/24/2020 07/24/20 | For Sale | $549,000 | 0.0% | $72 / Sq Ft |
| 03/01/2020 03/01/20 | Pending | -- | -- | -- |
| 12/21/2019 12/21/19 | For Sale | $549,000 | -- | $72 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Warranty Deed | -- | Chicago Title Insurance Comp | |
| Warranty Deed | -- | Fox Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $795,000 | Seller Take Back |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12450307
APN: 08-31-476-001
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