0 Il-47, La Fox, IL 60147
This exceptional 18-acre parcel presents a unique investment opportunity in Elburn, Illinois. Situated at the northeast corner of Route 47 and Hughes Road, this property is ideally positioned within Elburn's designated Primary Expansion Area, as detailed in the latest Comprehensive Land Use Plan. The site boasts excellent visibility and is surrounded by a mix of established developments and future growth potential. To the south lies the new St. Gall Church, while residential homes and a portion of Blackberry Creek are located to the east. Undeveloped land is to the west, and a Napa Auto Parts store is to the north, with Elburn's town center easily accessible beyond Keslinger Road's signalized intersection. A water main runs along the west side of Route 47, extending south for several hundred feet. The presence of sanitary sewer lines within the right-of-way of Republic Avenue, adjacent to the property's eastern boundary, offers further utility advantages. Currently, the land is subject to a year-to-year agricultural lease. The property's zoning is classified as "F," allowing for a variety of development possibilities. The APN is 1108101007. This property is offered at $1,400,000. Further details regarding utility access and development scenarios are available upon request. This is a rare chance to acquire a significant parcel in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.