230 East State Street

South Elgin, IL 60177

$285,000
Price
37,897 / 0.87
Lot Size / Acres
an aerial view of a house with a swimming pool
a aerial view of multi story residential apartment building
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an aerial view of a house with a garden
an aerial view of a house with a yard
an aerial view of a house with outdoor space
a aerial view of a building with street view
an aerial view of residential houses with outdoor space and parking
an aerial view of a house with outdoor space
a view of a backyard
a swimming pool with outdoor seating and yard
a view of a back yard of the house and front of a house
a view of a swimming pool with a garden
a view of a swimming pool with a garden
a view of a swimming pool with a yard and sitting area
a view of a tennis court

Description

Prime Vacant Commercial Land for Sale at 230 E State St, South Elgin, IL. Discover an exceptional investment opportunity in the heart of South Elgin! This expansive commercial strip of land, located at 230 E State St, offers unparalleled potential for development in a rapidly growing area. Situated in the vibrant community of South Elgin in Kane County, this vacant commercial land is perfectly positioned to capitalize on the increasing demand for retail, office, residential, or mixed-use developments....Prime Vacant Commercial Land for Sale at 230 E State St, South Elgin, IL. Discover an exceptional investment opportunity in the heart of South Elgin! This expansive commercial strip of land, located at 230 E State St, offers unparalleled potential for development in a rapidly growing area. Situated in the vibrant community of South Elgin in Kane County, this vacant commercial land is perfectly positioned to capitalize on the increasing demand for retail, office, residential, or mixed-use developments. There are .875 Acres of Land with ample amount of opportunties. The village is in favor of multiple developments/ uses. Key Features: Strategic Location: Located on E State St, a major thoroughfare in South Elgin, this property benefits from high visibility and easy accessibility. The land is ideally situated near established businesses, residential neighborhoods, and key local amenities, ensuring a steady flow of potential customers and clients. Size and Zoning: This generous parcel of land offers ample space for various commercial applications. The flexible zoning allows for a wide range of uses, making it ideal for developers looking to create retail centers, office complexes, residential apartments, condominiums, or a mix of these. Growing Community: South Elgin is a dynamic and expanding community with a robust local economy. The area is experiencing significant growth, driven by new residential developments and increasing commercial activity, making this an opportune time to invest. Utilities and Infrastructure: Essential utilities and infrastructure are readily available, facilitating a smooth and efficient development process. The property is primed for construction, with all necessary services in close proximity. Proximity to Key Amenities: The land is conveniently located near major retailers, dining establishments, and local attractions. Additionally, it offers easy access to major highways and public transportation, enhancing its appeal to both businesses and residents. Development Potential: The vacant land offers a blank canvas for visionary developers to bring their projects to life. Whether you're considering retail space, office buildings, residential apartments, condominiums, or the expansion of trade-ups, this property provides the perfect foundation for your next successful venture. Seller Participation and Financing Options: The seller is willing to take part in the development process or provide seller financing, making this opportunity even more attractive. This flexibility can help streamline the development process and reduce initial capital requirements for qualified buyers. Seize this rare opportunity to acquire a prime piece of commercial land in South Elgin. Contact us today to learn more about this exceptional property and how it can meet your development needs.
  1. Listed by Rocco Zaccaro • Coldwell Banker Realty

Property Details for 230 East State Street

Area
South Elgin
Township
Elgin
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Zoning
COMMR
LISTING UPDATED: 10/25/2024 01:37 AM

Property Details for 230 East State Street

StatusActive
MLS #12140158
Days on Market101
Taxes$63,526,198 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.87 AC
CountyKane County

Building Information for 230 East State Street

Lot Size0.87 AC

Property Information for 230 East State Street

General Information
School Information
  • Elementary School District: 46
  • High School District: 46
  • Middle Or Junior School District: 46
Location and General Information
  • Frontage Length: 146
  • Frontage Type: City Street
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Basement Description: None
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electric Nearby, Gas Nearby
Property/Lot Information
  • Lot Size: .50-.99 Acre
  • Lot Dimensions: 264 X 146
  • Buildings on Land: No
  • Waterfront: No
  • General Information: None
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 16
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Commercial
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 230 East State Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 230 East State Street

Taxable ValueLand$14,779Additions$87,947Total$102,726
Tax Record2023$8,619 ($718 / month)
Home Facts
Total Finished SqFt4,914 SqFtAbove Grade Finished SqFt4,914 SqFtStyleMiscellaneous CommercialYear Built1966CountyKANEAPN06-35-257-004

Schools near 230 East State Street

This home is within School District U-46.
Rating
School
Type
Grades
Distance
Clinton Elementary School
Public - K to 6
Kenyon Woods Middle School
Public - 7 to 8
South Elgin High School
Public - 9 to 12
Central School Program
Public - 7 to 12
Rating
School
Distance
Clinton Elementary School
PublicK to 6

Kenyon Woods Middle School
Public7 to 8

South Elgin High School
Public9 to 12

Central School Program
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 230 East State Street, South Elgin, IL 60177

230 East State Street is a 0.87 ac of land for sale in South Elgin, IL 60177. This property was listed for sale on August 16, 2024 by Coldwell Banker Realty, it's currently listed at $285,000. This listing's school district is School District U-46. Nearby schools include Clinton Elementary School, Kenyon Woods Middle School and South Elgin High School. 230 East State Street is a 0-bed, 0-bath, 0.87 ac of land on a 37,897 sq. ft. / 0.87 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/25/2024 01:37 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.