Listing Agency: Avison Young - Chicago Downtown

Listed By: Brian Colson · License #IL

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:05PM

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Investment Insights

Based on property information with market context.

This property comprises approximately 10.00 acres of raw land, including 7.05 usable acres. The site provides 341.6 feet of frontage along IL Route 59 and is presented for development consideration. The property address is 161 IL Route 59, Elgin, IL 60123.

Key Highlights

• Approximately 10.00 acres of raw land
• 7.05 usable acres identified
• 341.6' frontage on IL Route 59

Property Analytics

Current Use

Land

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility Catering Service Computer & Electronic Repair Bakery

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

1,977

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

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Frequently Asked Questions

What type of property is this?

Land - Raw land with frontage along IL Route 59 and a stated development opportunity.

Where is this land located?

The property is located at 161 IL Route 59 Elgin, IL.

What are key features of this property?

This property features: Approximately 10.00 acres of raw land; 7.05 usable acres identified; 341.6' frontage on IL Route 59