47 - Hughes Road Elburn, IL 60119

Listing Agency Coldwell Banker Real Estate LLC k***@cbrealty.com Show Phone

Listed by Kelly Schmidt · License #471019957 Show Phone

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Added: Mar 6 Checked: Jul 17 at 5:39 am

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Investment Insights

Based on property information with market context.

This 18.05-acre development parcel is located at the northeast corner of Rt. 47 and Hughes Road and is contiguous and annex-able to the village of Elburn, IL. Situated in a prime location on Rt. 47, it is minutes from Metra and the I-88 interchange. The acreage is within Elburn's primary expansion area and is suited 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. The property is sold subject to a year-to-year AG-farm lease. Potential uses include car dealerships, gas stations, and retail stores.

Key Highlights

• Prime location on Rt. 47, ideal for commercial development.
• 18.05 acre development parcel contiguous and annex‑able to the village of Elburn, IL.
• Located within Elburn's primary expansion area, primed for mixed‑use development.

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FAQs

What type of property is this?

Commercial land - 18.05 acre development parcel in prime location on Rt. 47.

Where is this commercial land located?

The property is located at 47 - Hughes Road Elburn, IL.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: Prime location on Rt. 47, ideal for commercial development.; 18.05 acre development parcel contiguous and annex‑able to the village of Elburn, IL.; Located within Elburn's primary expansion area, primed for mixed‑use development.