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    Il-47 Elburn, IL 60119

    Sponsored
    For Sale
    $775,000

    Prime Elburn commercial land, highway frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.17-acre commercial parcel is ideally situated in Elburn, Illinois, at the northeast corner of Route 47 (Main Street) and Hughes Road. Currently leased for agricultural use, this level lot boasts excellent highway visibility and frontage, presenting significant development potential. Its location within Elburn's designated south development area offers opportunities for commercial or mixed-use projects. The property's adjacency to an established NAPA Auto Parts store and proximity to the mature Blackberry Creek neighborhood (several hundred homes, schools, and parks built within the last 20 years) creates a strong foundation for future development. The site's contiguity to Elburn village limits allows for potential annexation, providing access to village services including utilities, police, and fire protection. Elburn's comprehensive land use plan designates this area for commercial development along Route 47, with potential for residential uses further east. All utilities are expected to be available, subject to buyer verification. An adjacent 18-acre parcel (separate ownership) offers the possibility of expanding the property to a total of 27 acres, encompassing the strategic Route 47/Hughes Road intersection. This presents a unique opportunity for a large-scale development. The asking price is $775,000. APN: 1108101010.

    Property Features for 0 Il-47

    General Information

    Property type
    Land
    Lot Size
    399,445 SF

    HighLights

    • $775,000 asking price for 9.17 acres of commercial land.
    • Located on Rt. 47 (Main St.) near Hughes Road in Elburn, IL (APN: 1108101010).
    • Excellent highway frontage with level land, suitable for commercial or mixed‑use development.
    • Adjacent to NAPA Auto Parts and near the Blackberry Creek neighborhood.
    • Potential for annexation into Elburn village, providing access to utilities and services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elburn
    County
    Kane
    State
    Illinois
    Longitude
    -88.4725189
    Latitude
    41.8678587

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    FAQs

    What type of property is this?
    Land - Prime Elburn commercial land, highway frontage.
    Where is this land located?
    The property is located at Il-47 Elburn, IL.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: $775,000 asking price for 9.17 acres of commercial land.; Located on Rt. 47 (Main St.) near Hughes Road in Elburn, IL (APN: 1108101010).; Excellent highway frontage with level land, suitable for commercial or mixed-use development.
    (630) 377-1600
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    Il-47 Elburn, IL 60119
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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

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    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
    Il-47 Elburn, IL 60119
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