Property profile

8N675 Il-25 South Elgin, IL 60177

OFF-MARKET
Land
15.33 ac lot
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Property summary

AI-generated overview

This exceptional 15.33-acre parcel, located at 8N675 Route 25 in South Elgin, Illinois (Kane County, zip code 60177), presents a unique opportunity for commercial development. The property is zoned as a Planned Development District, offering significant potential for a variety of industrial and commercial uses. Its strategic infill location is surrounded by existing development, ensuring immediate access to infrastructure and a thriving business community. The Future Land Use Map designates this area for commercial use, further solidifying its long-term value. Conveniently situated just west of Route 59, the site benefits from exceptional visibility and accessibility. High traffic counts are a key advantage, with 16,500 vehicles daily on Route 25 and 6,800 vehicles daily on Bartlett Road. Utilities are readily available on-site. The low Kane County taxes represent a significant cost advantage. The property's APN is 06-36-200-033 and the PIN number is also 06-36-200-033. Annual property taxes are currently $369. The asking price for this remarkable opportunity is $5,700,000. Detailed information and site plans are available upon request.

Property profile

Verified
Property type Land
Lot 15.33 ac (667,775 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8N675 Il-25 South Elgin, IL 60177
South Elgin metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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