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909 Mclean Blvd Elgin, IL 60123-3000

OFF-MARKET Commercial real estate Google Maps
2,275 SF 6.79 ac lot Built 1978
Entity Owned Free & Clear
Estimated value (blended)
$450k
Range $405k – $495k (±10%)
Property ID US28-1060062

Property summary

AI-generated overview

This exceptional 9.65-acre industrial land parcel presents a compelling redevelopment opportunity in Elgin, Illinois. Located at 909 S McLean Blvd, this property boasts a prime location with frontage on McLean Boulevard, situated conveniently north of Bowes Road and south of Illinois Route 20. The site offers easy access to major transportation arteries, including Route 20, Illinois Route 59, Randall Road, and I-90, ensuring excellent connectivity for logistics and distribution. The property is zoned ORI, and essential utilities, including water and sewer, are readily available on-site. With a land value of $5 per square foot, the asking price is $2,101,770. The high traffic count on McLean Boulevard (25,300 ADT) underscores the site's visibility and accessibility. Proximity to key thoroughfares is a significant advantage: Illinois Route 20 is just one mile away, while Randall Road and I-90 are approximately six miles distant via Route 20 and Randall Road. Illinois Route 59 is seven miles away via Route 20. The APN numbers are 06-27-126-006 and 06-27-200-001. This property is ideal for businesses seeking a strategic location with excellent infrastructure and convenient access to major transportation networks. Don't miss this chance to acquire a highly desirable industrial land parcel in a thriving area.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1978
Construction FRAME
Total area 2,275 SF
Lot 6.79 ac (295,772 SF)
APN 06-27-126-006
UPID US28-1060062

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Campground & RV Park

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2025
Last sale
$1.6M
4 recorded transactions
2025
$1.6M
2024
Price N/A
2007
Price N/A
2002
Price N/A

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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