Commercial Land with Equestrian
New
For Sale
$19,500,000
31W085 Shoe Factory Road, Elgin, IL 60120
Land, Elgin, IL
Property SizeContact for details
Lot Size77.00 Acres
Days on Market1
Property Features for 31W085 Shoe Factory Road
General Information
Property type
Land
Property subtype
Other
Zoning
PUD
Elementary school
Timber Trails Elementary School
Middle school
Larsen Middle School
High school
Elgin High School
Elementary school district
U46
Middle school district
U46
High school district
U46
Directions
I-90 West to Beverly Road. South on Beverly Rd. to property
Subdivision
Elgin
Standard status
Active
APN
06082010010000
Lot size
77.00 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
72000
Utilities
Utilities
Water Available
Cooling system
Zoned
Listing Agency:
Jameson Sotheby's Intl Realty
(312) 751-0300
Listed By:
Alexandra Castle
(312) 335-3291
Added: Nov 2
Last Checked: Nov 2 at 5:06PM
MLS# 12796859
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 77-acre commercial land property includes six residential homes and six apartment units, along with equestrian facilities, multiple barns and stables, and three warehouse and storage buildings. The site also contains an established vineyard, two lakes, wooded areas, and open fields. Zoned PUD, the property has water available.
The land fronts Shoe Factory Road with approximately 4,084 feet of road frontage. It is in unincorporated Cook County, Illinois.
The land fronts Shoe Factory Road with approximately 4,084 feet of road frontage. It is in unincorporated Cook County, Illinois.
Key Highlights
- 77 acres of commercial land
- Approximately 4,084 feet of frontage on Shoe Factory Road
- Six residential homes and six apartment units
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
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Business Placement
Demographics for 60120, IL
50,799
Population
17,112
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
17.4 sq mi
ZIP Area
2,919
Density / Sq Mi
$80,305
Median Household Income
$37,495
Median Earnings
$1,250
Median Rent
$227,000
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Commercial land - The acreage includes residences, apartment units, barns, warehouses, a vineyard, lakes, wooded areas, and open fields.
Where is this commercial land located?
The property is located at 31W085 Shoe Factory Road Elgin, IL.
What is the asking price?
The asking price for this property is $19,500,000.
What are key features of this property?
This property features: 77 acres of commercial land; Approximately 4,084 feet of frontage on Shoe Factory Road; Six residential homes and six apartment units
