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    Swc Big Timber & Madeline Elgin, IL 60124

    For Sale
    $9,134,532

    Prime Elgin industrial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 20.97-acre industrial land parcel in Elgin, Illinois, presents a unique investment opportunity. Located at the southwest corner of Big Timber Road and Madeline Drive, this property boasts convenient access to a robust transportation network. The site is zoned PGI (Planned General Industrial), allowing for a variety of industrial uses. Utilities and infrastructure are readily available, and the land is fully usable, net of detention. The property is divisible into approximately 10-acre parcels, offering flexibility for developers. Its strategic location offers proximity to a four-way interchange at I-90 and Randall Road, ensuring seamless connectivity. Furthermore, the area provides access to a wide range of amenities, including restaurants, lodging, shopping centers, and entertainment venues. The property's 2021 real estate taxes totaled $141,251. This master-planned park site is particularly well-suited for transportation and trucking-related developments. The asking price for this significant industrial land offering is $9,134,532. This presents a compelling opportunity to capitalize on Elgin's thriving industrial market and its strategic location within Kane County.

    Property Features for 0 Swc Big Timber & Madeline

    General Information

    Property type
    Land
    Lot Size
    913,453 SF

    HighLights

    • ±20.97 acres of industrial land in Elgin, IL.
    • Divisible into ±10‑acre parcels.
    • On‑site utilities and infrastructure.
    • Fully usable master‑planned park site, net of detention.
    • Ideal for transportation and trucking uses.
    • Zoned PGI (Planned General Industrial).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elgin
    County
    Kane
    State
    Illinois
    Longitude
    -88.3477534
    Latitude
    42.0708735

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    FAQs

    What type of property is this?
    Land - Prime Elgin industrial land, ideal for development.
    Where is this land located?
    The property is located at Swc Big Timber & Madeline Elgin, IL.
    What is the asking price?
    The asking price for this property is $9,134,532.
    What are key features of this property?
    This property features: ±20.97 acres of industrial land in Elgin, IL.; Divisible into ±10-acre parcels.; On-site utilities and infrastructure.
    Request Owner's contact information
    Swc Big Timber & Madeline Elgin, IL 60124
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    Swc Big Timber & Madeline
    Elgin, IL 60124
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    Swc Big Timber & Madeline Elgin, IL 60124
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