Huge Price Drop - Land| 12.3 Acres Hoffman Estates

Highlights:

• Reduced for quick sale; less than $55,000 per acre
• Located in unincorporated Cook County, provides greater development potential
• Centrally located by I-90

Description:

Catapult Realty is pleased to present this opportunity to acquire approximately 12.3 acres of contiguous land in unincorporated Cook County, and adjoining Hoffman Estates. This property is family owned and is one of the few remaining development sites that can be annexed into Hoffman Estates. The site has over 1600 feet of frontage on Rt. 58, (Golf Rd) with utilities directly across the street. This site would be perfect for residential development including town homes, single family or senior housing

The site is currently zoned for detached single family residential in Hanover Township. Developments across the road are zoned R-3 requiring a minimum of 10,000 sf lots. This property is currently unincorporated thus a zoning change and annexation could occur at the same time. Or the site could stay unincorporated, and could be used for Educational, religious or recreational use.

The subject property is located on the SWC of Route 58 and Rohrssen Rd. The site is in unincorporated Cook County and is surrounded by residential development in Hoffman Estates and a nature reserve. Route 58 is a major east west corridor in Chicago’s northern suburbs and is also known as also known as Summit Rd. or Golf Rd. providing direct access to Schaumburg and Elgin. Hoffman Estates enjoys access to all major regional roadways, including the Jane Addams Tollway (I-90), as well as state routes 58 (Golf Road), 59 (Sutton Road), 62 (Algonquin Road), 68 (Roselle Road), and 72 (Higgins Road). Metra stations are located nearby in Elgin, Bartlett and Hanover Park.

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