The median home value in South Elgin, IL is $269,000.
This is
lower than
the county median home value of $275,000.
The national median home value is $308,980.
The average price of homes sold in South Elgin, IL is $269,000.
Approximately 81% of South Elgin homes are owned,
compared to 15% rented, while
3% are vacant.
South Elgin real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact South Elgin real estate agent to arrange a tour today!
Learn more about South Elgin.
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.
A prime parcel of 20+ acres, residential development opportunity annexed to the thriving area of South Elgin and St Charles D303 school district. Bordering Stearns road and close to Rt31/McLean/Stearns intersections. Currently zoned R-2 Single Dwelling Unit District. Previously this property has been approved for 72 townhomes and later approved for 42 single family homes. Additional land is available by the potential purchasing of adjacent existing properties. Electric and gas on site. Near forest preserve, bike trails along the river, and shopping.
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