Multi-Family/Assisted Living Site
3271 US Highway 20
Elgin, IL 60124
FOR SALE
Property Type:
Multifamily LandAmount:
Please Call Broker for PriceLast Verified:
Dec 03, 2024Daily Email Blast
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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