Estimated payment $6,605/month
About This Lot
CALLING ALL DEVELOPERS, CAR DEALERSHIPS, GAS STATIONS, RETAIL STORES, ETC! HARD TO FIND, LOCATED IN A PRIME LOCATION ON RT. 47, MINUTES FROM METRA AND I-88 INTERCHANGE. 18.05 acre development parcel, contiguous and annex-able to the village of Elburn, IL. Northeast corner of Rt. 47 and Hughes Road, this acreage is within Elburn's primary expansion area and primed for a mixed-use development. Commercial uses are slated along Rt. 47 and the corner with residential uses to the east. Residential homes are located to the east, undeveloped land is west of Rt. 47 (some of which is now being considered for a solar farm) and a Napa Auto Parts store is to the north. All utilities are in place and accessible to this parcel, subject to buyer's verification. Sold subject to a year-to-year AG-farm lease. Don't miss this unique opportunity!
Property Details
Property Type
- Land
Est. Annual Taxes
- $897
Lot Details
- 18.05 Acre Lot
- Property fronts a state road
- Property is zoned AGRIC
Schools
- Kaneland High School
Additional Features
- Farm
- Electricity To Lot Line
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | For Sale | $1,250,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12510787
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