Listing Agency: CBRE | Oak Brook m***@cbre.com Show Phone

Listed By: Mike Smith Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 8 Last Checked: Aug 20 at 11:18AM

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Investment Insights

Based on property information with market context.

This property presents a transit-oriented multifamily development opportunity. It is zoned PMFR - Planned Multiple Family Residence.

Key Highlights

• Transit‑oriented location
• Multifamily development opportunity
• Zoned PMFR

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Hair Salon Auto Parts Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

354

Businesses Nearby

Explore this area Business Placement

Demographics for 60123, IL

47,932

Population

18,129

Households

2.6

Avg Household Size

37

Median Age

24%

College-Educated

84%

High-School Grad

14.0 sq mi

ZIP Area

3,424

Density / Sq Mi

$86,762

Median Household Income

$40,288

Median Earnings

$1,226

Median Rent

$242,200

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - Transit-oriented land for multifamily development.

Where is this land located?

The property is located at 13N047 Randall Road Elgin, IL.

What is the asking price?

The asking price for this property is $1,375,000.

What are key features of this property?

This property features: Transit‑oriented location; Multifamily development opportunity; Zoned PMFR