Multi-Family/Assisted Living Site

3271 US Highway 20 Elgin, IL 60124

3271 US Highway 20, Elgin, IL, 60124
3271 US Highway 20, Elgin, IL, 60124 3271 US Highway 20, Elgin, IL, 60124 3271 US Highway 20, Elgin, IL, 60124 3271 US Highway 20, Elgin, IL, 60124
FOR SALE
Property Type:
Multifamily Land
Amount:
$2,500,000
Last Verified:
Apr 05, 2024

Highlights

  • Zoning is approved for 64 townhome development
  • Approved for assisted living, the city prefers multi-family development for the site
  • Nearly 2 million in site improvements completed, including, storm water catch basin and retention pond, access to road and signage
  • Sanitation sewer and water are to site
  • Sidewalks, curbs, grading, removal of black dirt and landscaping complete
  • Preliminary plans for 56 town homes available or 100 apartment units
  • Seller completion available
  • 60-90 days to pull permits
  • 16-18 months to complete construction

Description

Development site on the Elgin Bypass.

Located on the Elgin bypass 1.5 miles west of Randall. Approximately 10 minutes south of I-90. Elgin is the seventh-largest city in Illinois located just 35 miles northwest of Chicago. It is a vibrant, diverse and growing city rich in history located along the Fox River.

Lot Size: 4.5 acres


Documents

Elgin - 3721 Highway 20, MF Land, BC.pdf

Map of 3271 US Highway 20, Elgin, IL, 60124

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