Real Estate Agent Jean Crosby, Designated Managing Broker and Owner

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31w085 Shoe Factory Road , Elgin, IL 60120

$19,500,000
  • 31w085 Shoe Factory Road , Elgin, IL 60120 Main Photo

7 Photos

New to the Market New
LOT SIZE 77.000 acres MLS#12796859
STATUSNew PROPERTY TYPELand - Farm SCHOOLDistrict U46

Property 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.

31w085 Shoe Factory Road | MLS# 12796859

This land located at 31w085 Shoe Factory Road , Elgin, IL 60120 is currently listed for sale with an asking price of $19,500,000. The property has approximately 77.00 Acres. 31w085 Shoe Factory Road is located within the District U46 school district. Search Elgin real estate on jean.bhhscrosby.com today.

Property Features

Property Type: Land - Farm
Lot Size: 77.00 Acres
Taxes: $72,000

Feature Descriptions

Current Use: Agricultural
Frontage: 1247
Frontage Type: Signal Intersection, Township Road, US Highway
Lot Dimensions: APROX. 80 ACRES
Parcel#: 06082010010000
Possible Use: Agricultural, Commercial, Estate, Office, Development
Road Surface: Asphalt
Township: Hanover
Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available

Local Schools

High School: Elgin High School
Middle School: Larsen Middle School
Elementary School: Timber Trails Elementary School
School District: District U46

Listed By / Shown By

Listed By

Agency Name: Jameson Sotheby's Intl Realty
Agency Phone: 312-751-0300

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Estimated Payment

$ 55,086.05 per month $43,398.55 Principal & Interest $6,000.00 Property Tax $5,687.50 Homeowner's Insurance

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