7N504 State Route 31 South Elgin, IL 60177
Estimated payment $12,596/month
About This Lot
A prime parcel of 20+ acres, residential development opportunity annexed to the thriving area of South Elgin and St Charles D303 school district. Bordering Stearns road and close to Rt31/McLean/Stearns intersections. Currently zoned R-2 Single Dwelling Unit District. Previously this property has been approved for 72 townhomes and later approved for 42 single family homes. Additional land is available by the potential purchasing of adjacent existing properties. Electric and gas on site. Near forest preserve, bike trails along the river, and shopping.
Listing Agent
Baird & Warner Fox Valley - Geneva License #475128404 Listed on: 07/31/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,399
Lot Details
- 20.63 Acre Lot
- Lot Dimensions are 72x475x484x1480x848x1987
- Property fronts a state road
- Property is zoned PUD
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | For Sale | $2,300,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12435202
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