New Listing
31w085 Shoe Factory Road,Elgin, IL 60120
Elgin, IL 60120
Description
An extraordinary opportunity to acquire approximately 77 acres in Chicago's coveted northwest suburban corridor. Strategically positioned along Shoe Factory Road near South Barrington, Hoffman Estates, and Interstate 90, this remarkable property offers approximately 4,084 feet of road frontage, an impressive collection of existing improvements, and a picturesque natural setting. The property features six residential homes, six additional apartment units, extensive equestrian facilities, multiple barns and stables, three warehouse and storage buildings, an established vineyard, two scenic lakes, mature wooded areas, and expansive open fields. A truly exceptional offering with the scale and versatility to explore a variety of potential uses, including an exclusive luxury residential or gated estate community, senior living and wellness campus, equestrian destination, mixed-use development, hospitality concept, or significant long-term land investment. Located in unincorporated Cook County, this rare 77-acre offering combines substantial acreage, existing infrastructure, natural beauty, and strategic accessibility within Chicago's northwest suburbs. All potential development concepts and uses are subject to independent feasibility studies, zoning and land-use regulations, environmental review, infrastructure availability, and all applicable governmental approvals. An extraordinary opportunity to acquire a significant landholding and bring a landmark vision to life.
Details
| MLS # | 12796859 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | Jameson Sotheby's Intl Realty | Alexandra Castle |
Features
| Zoning | PUD |
|---|---|
| Acreage | 77.00 |
Interior
| Cooling | Zoned |
|---|---|
| Heating | Other |
Utilities
| Utilities | Electric to Site, Natural Gas Available, Sewer Connected, Water Available |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 72000 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Elgin |
| Zip Code | 60120 |
| Area | Elgin |
| School District | Elgin High School |
| Elementary School | Timber Trails Elementary School |
| High School | Elgin High School |
| Listing VS Median (in 60120) | |
Price: $19,500,000 low | high Med: $294,900 On site: 5 low | high Med: 83 | |
Market Activity 60120
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Elgin |
| Zip Code | 60120 |
| Area | Elgin |
| School District | Elgin High School |
| Elementary School | Timber Trails Elementary School |
| High School | Elgin High School |
| Listing VS Median (in 60120) | |
Price: $19,500,000 low | high Med: $294,900 On site: 5 low | high Med: 83 | |