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$9,250,000   Price Analysis
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40 Acres Randall Rd
Elgin, IL 60123
Unknown bed 0 bath unknown SqFt ($0/SqFt)
40.4 acre lot.
Listed 2023-10-25, Taxes $553
Ⓧ USDA Ineligible
due to property

near Elgin

Exceptional mixed use development opportunity!

Potential for combination of commercial and multi-famil y. Rare Randall Road location with 40, 000 vehicles per day at a full signalized intersection. Ideal location for strp center, fast food, gas station, convenience store, sit down restaurants, auto sales, etc.

Sewer and water adjacent, ready to develop. Adjacent to Sam's and Walmart with possible shared access. Potentially divisible. +/-40.4 acres


Presented by Daniel Flanagan at
Flanagan Realty, LLC.


Property MLS #11916080 from MRED

Total Bathrooms: 0

Frontage Type: County Road
Road Surface Type: Asphalt

Lot Size Acres: 40.4
Lot Size Dimensions: 1500X1200
Lot Size Square Feet: 1759824

Association: No
Calculated Total Monthly Association Fees: 0

High School District: 46

Otter Creek Elementary School is a public elementary school located approximately 0.5 miles away.
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South Elgin High School is a public high school located approximately 2.8 miles away.
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Abbott Middle School is a public middle school located approximately 3 miles away.
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Da Vinci Academy is a private elementary and middle school located approximately 0.2 miles away.
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Annual Tax Amount: 10060.36
Source Listing Status: Active
County: Kane
Current Use: Agricultural
Directions: The property is generally located at the northwest corner of Randall & Hopps in unincorporated Kane County, adjacent to Elgin.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Land
Possible Use: Commercial
Parcel Number: 0633100004
Township: Elgin
Zoning: AGRIC
Property Subtype: Land
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $6,939
$6,939
$553
2021$unknown + $6,329
$6,329
$511
2020$unknown + $5,773
$5,773
$475
2019$unknown + $5,269
$5,269
$440
2018$unknown + $4,809
$4,809
$421
2017$unknown + $4,392
$4,392
$388
2016$unknown + $4,013
$4,013
$367
2015$unknown + $3,668
$3,668
$365
2014$unknown + $3,427
$3,427
$378
2013$unknown + $3,115
$3,115
$274
2012$unknown + $2,832
$2,832
$255
2011$unknown + $2,575
$2,575
$203
2009$unknown + $2,340
$2,340
$137
2008$unknown + $1,934
$1,934
$116
2007$unknown + $1,758
$1,758
$108
2006$unknown + $1,750
$1,750
$114

Listed 2023-10-25
$9,250,000
MRED
Listing removed 2022-03-29
$6,696,000
MRED
Price Changed 2019-04-15
$6,696,000
MRED
Listed 2018-04-12
$5,279,472
MRED

Sanitary Sewer
Water Nearby
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.