Property summary
This exceptional 57-acre parcel is situated at the highly desirable southeast corner of Stearns Road and McLean Boulevard in South Elgin, Illinois, zip code 60175. This greenfield site offers unparalleled development potential, boasting two traffic signals for optimal visibility and accessibility. The property is zoned for both commercial and industrial uses, making it suitable for a wide range of projects, from build-to-suit developments to outright land purchases. Utilities are readily available, with water and sewer services nearby, expediting the development process. Located in Kane County, this property benefits from low taxes, making it an attractive investment opportunity. Its strategic location provides convenient access to a variety of amenities and a substantial labor pool, ensuring a strong foundation for future business success. This significant land holding presents a rare opportunity to establish a presence in a thriving South Elgin market. The property's size and location make it ideal for large-scale commercial or industrial development. Don't miss this chance to acquire a substantial piece of land in a highly sought-after area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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