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30W770 Shoe Factory Road, Elgin, IL 60120
$17,770,000
30W770 Shoe Factory Road, Elgin, IL 60120View this property at 30W770 Shoe Factory Road, Elgin, IL 60120
30W770 Shoe Factory RoadElginIL60120
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Property Description & Video
30W770 Shoe Factory Road, Elgin, ILVideo Tour of 30W770 Shoe Factory Road, Elgin, IL.
Wow, this ~80 acre property located in unincorporated Cook County on the border of Hoffman Estates is incredible! With multiple residences, a large barn, smaller barns, pastures, the oldest concord grape vineyard in Illinois, 3 warehouses, lakes, and scenic views, the possibilities are endless. The zoning can be changed to allow retail, and the 4,084 feet of frontage on Shoe Factory Rd is a huge plus for visibility. It's great that it's so close to the I-90 and the South Barrington retail developments. It's a fantastic opportunity to develop a subdivision with upwards of 300 homes, retail center, or keep it as your equestrian estate. The possibilities are vast. The property currently offers pastures with turnouts for all your four-legged friends. Pins: 06041000170000, 06082010010000, 06082010220000, 06082010050000, 06082020100000, 06091000010000, 06091000020000, 06091000030000, 06091000040000
Full Property Details
Full Property Details for 30W770 Shoe Factory Rd
General
- Price: $17,770,000
- Taxes: $72,000 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11962004
- Updated: 1/21/2024
- Added to Site: 105 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: Elgin
- County: Cook
- Township: Hanover
- Driving Directions: I-90 West to Beverly Road. South on Beverly Rd. to property
- Location Details: O'Hare, Northwest Suburban, Corner, Mixed-Use Area, Not in City Limits
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: Central Heat/Individual Controls, Forced Air, Zoned, Other
Utilities
- Onsite: Electricity to Site, Gas to Site, Private Septic System, Water to Site, Well Private
Structural Information
- Stories/Levels: 0
- Current Bldg. Use: Agricultural, Commercial, Estate, Development, Recreational, Estate, Special Use
- Year Built: 1871
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 80
- Lot Size (Sq. Ft.): 3,404,955
- Lot Dimensions: APRO x . 80 ACRES
- Frontage: Signal Intersection, Township Road, US Highway
- Potential Use: Agricultural with Building, Commercial, Condominium, Estate, Industrial, Office and Research, Development, Residential, Multi-Family, Single Family, Retail, Elderly Housing
- Zoning: PUD
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Other
- Assessment Year: 1871
- Tax Amount: $72,000
- Tax Year: 2022
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 6041000170000
Listed by Crown Heights Realty
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Schools
Schools serving 30W770 Shoe Factory Rd
School District:Sd U-46
Rating | Name | Grades | Distance |
---|---|---|---|
1675 McDonough Rd, Hoffman Est, IL 60192 | K-6 | 0.6 mi | |
665 Dundee Ave, Elgin, IL 60120 | 7-8 | 2.7 mi | |
1200 Maroon Dr, Elgin, IL 60120 | 9-12 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 30W770 Shoe Factory Rd
Date
Details
Price
Change
Source
1/15/2024
Listed
$17,770,000
55431.25%
MLS
10/03/2022
Sold
$32,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 30W770 Shoe Factory Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
$5,120
-18%
$20,200
—
2021
$6,221
2%
$20,200
—
2020
$6,124
12%
$20,200
—
2019
$5,449
7%
$20,200
17%
2018
$5,116
2%
$17,315
—
2017
$4,999
7%
$17,315
—
2016
$4,680
82%
$17,315
100%
2015
$2,574
1%
$8,657
—
2014
$2,536
4%
$8,657
—
2013
$2,447
-29%
$8,657
-36%
2012
$3,461
—
$13,449
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 30W770 Shoe Factory Rd
30W770 Shoe Factory Road, Elgin, IL 60120 (MLS# 11962004) is a Commercial property. 30W770 Shoe Factory Road is currently listed for $17,770,000 and was received on January 15, 2024. Want to learn more about 30W770 Shoe Factory Road? Do you have questions about finding other Commercial real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.