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    1451 Dundee Ave Elgin, IL 60120

    For Sale
    $696,960

    Approximately 12-acre parcel suitable for various commercial uses.

    Lot size:
    4.00 Acres

    Property Features for 1451 Dundee Ave

    General Information

    Lot size
    4.00 Acres

    Source: Lee & Associates | Chicago Agent A. Rick Scardino

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elgin Commercial Land For Sale

    This approximately 12-acre parcel is available for sale and offers flexibility for various uses, including warehousing, manufacturing, truck sales, sports complex, medical office, and hotel. The property is located 0.4 miles from the nearest Pace bus stop. Traffic counts on Dundee Avenue are 20,100 vehicles per day, and on I-90, traffic counts are 97,200 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Church of the Brethren General ... Religious Organization Brethren Volunteer Service Religious Organization Anabaptist Worship Exchange Religious Organization Mary Knoll Missions ... Association Or Organization Brethen Historical Society Museum

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.2624646
    Latitude
    42.0641483

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    FAQs

    What type of property is this?
    Land - Approximately 12-acre parcel suitable for various commercial uses.
    Where is this land located?
    The property is located at 1451 Dundee Ave Elgin, IL.
    What is the asking price?
    The asking price for this property is $696,960.
    What are key features of this property?
    This property features: - ±12 acre parcel available for sale; - Flexible usage: warehousing, manufacturing, truck sale, sports complex, medical office, & hotel; - Located 0.4 miles from the nearest Pace stop
    (708) 921-1044
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    1451 Dundee Ave Elgin, IL 60120
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    Elgin, IL 60120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1451 Dundee Ave Elgin, IL 60120
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