Multi-Family/Assisted Living Site
$2,900,000
3271 US Highway 20, Elgin, IL 60124
For Sale
Land
Active
Last Updated: 02/27/2025
4.5 acres
Lot Area
Details:
Lot Area: 4.5 acres
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.
Documents:
| Title | ||
|---|---|---|
| Elgin - 3271 Highway 20, MF Land, BC.pdf (2).pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
