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    OFF-MARKET
    Land

    0 Swc Big Timber & Madeline, Elgin, IL 60124

    20.97 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 20.97 ac (913,453 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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