Property summary
The property consists of a fully improved, development-ready 29.07-acre site that is designed to be divisible for multiple end uses. The site can accommodate single users ranging from approximately 10,000 to 150,000 square feet, with the potential to construct up to about 425,000 square feet across four buildings. Zoning is PUD (Planned Unit Development) with included categories of BP (Business Park), ORD (Office/Research and Development), and Industrial uses. The location supports development for companies servicing businesses in North Point and Elgin’s Northwest Corporate Park, and build-to-suit configurations are compatible with the site plan (or construction may be completed with an independent builder). An additional 17.99-acre site is also part of the overall offering and is divisible.
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
Similar Nearby for Lease
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
Price sensitivity
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Property tax & assessments
Tax year 2022Property 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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