Multi-Family/Assisted Living Site

For Sale

3271 US Highway 20, Elgin, IL 60124

This Elgin property for sale is located at 3271 US Highway 20. Contact the listing broker for details on the current sale price for Multi-Family/Assisted Living Site. Multi-Family/Assisted Living Site is situated on a lot that is 4.5 acre in size.

Contacts

broker
Bill Caton, CIPS

Caton Commercial Real Estate Group

Property Details

  • Property Type VacantLand
  • Lot Size 4.5 Acre
  • Additional Rent Contact for pricing
  • Date Updated Dec 11, 2024
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.Development site on the Elgin Bypass.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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

Getting around

  • 27/100

    Walk Score ®

  • 48/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Elgin, IL
  • Neighborhood West Point Gardens
  • Zip Code 60124
  • Market Chicago

Points of Interest

  • Big Timber Road

    2.44 miles

  • Elgin

    4.22 miles

  • BP

    0.20 miles

  • Meijer

    2.43 miles

  • Tesla Supercharger

    2.50 miles

  • Sam's Club

    2.85 miles

  • 7-Eleven

    2.88 miles

  • Speedway

    3.01 miles

  • Mobil

    3.04 miles

  • Shell

    3.07 miles

  • Marathon

    3.09 miles

  • Exxon

    3.92 miles

  • Big Timber Road Commuter Parking

    2.54 miles

  • Volunteer Parking

    2.90 miles

  • Otter Creek Forest Preserve

    3.04 miles

  • Pingree Grove Forest Preserve - east parking

    3.14 miles

  • Pace I-90 & Randall Road Park-n-Ride

    3.46 miles

  • Jelkes Creek Bird Sanctuary parking

    4.04 miles

  • Pingree Grove Forest Preserve - south parking

    4.04 miles

  • Fountain Square Way

    4.32 miles

  • Muirhead Springs Forest Preserve

    4.32 miles

  • Parking St. John's Lutheran Church

    4.39 miles

  • Candlewood Suites Elgin

    3.24 miles

  • Country Inn & Suites Elgin

    3.55 miles

  • Comfort Inn Elgin

    3.97 miles

  • Quality Inn Elgin

    4.55 miles

  • Hampton Elgin

    4.58 miles

  • Super 8 Elgin

    4.62 miles

  • Holiday Inn Elgin

    4.68 miles

  • Courtyard Elgin

    4.78 miles

  • Extended Stay America Elgin

    4.85 miles

  • Colonial Lodge Motel

    5.52 miles

  • Big Lots

    1.56 miles

  • Burlington

    1.59 miles

  • Target

    1.64 miles

  • ALDI

    1.82 miles

  • Jewel-Osco

    2.55 miles

  • Meijer

    2.60 miles

  • Walmart Supercenter

    2.88 miles

  • Elgin Fresh Market

    2.90 miles

  • Butera Market

    3.16 miles

  • Sunset Center

    3.32 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Bill Caton, CIPS

Caton Commercial Real Estate Group