7N504 Route 31 South Elgin, IL $ 2,300,000
7N504 Route 31
$ 2,300,000
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7N504 Route 31

South Elgin, IL, 60177
$ 2,300,000
Baths0.0

Monthly Estimate*

$ 14,349

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Studio

Lots and Land for sale in South Elgin, IL

for $2,300,000. The lot size is 20.63.

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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Lots and Land Active

Price

$ 2,300,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 5,398

Style

Development

Lot Size

20.63

Town/City

South Elgin

County/Region

Kane

MLS | Web ID

12435202

Features
General
Utilities Electricity Available Natural Gas Available Sewer Nearby Water Nearby
Possession Closing
Zoning PUD
Township St. Charles
Tax Year 2023
Current Use Development
Ownership Fee Simple
County Kane
Property Type Land Land
Possible Use Development Multi-Family Single Family
Status Active
Directions On IL Route 31 North of McLean Blvd towards South Elgin. A real estate sign is at entrance and on Stearns Rd between McLean and overpass
City South Elgin
High School District 303
MLS Area South Elgin
Tax Annual Amount 5398.76
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 303
Elementary School District 303
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Exterior
Total Parking 0
Lot Dimensions 72X475X484X1480X848X1987
Lot Size Acres 20.63
Road Surface Type Gravel
Frontage Length 71
Frontage Type State Road
Waterfront Y/N N
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Interior
Total Baths 0
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* Excluded Features
List By
Baird & Warner Fox Valley - Geneva

Broker

kelly.crowe@bairdwarner.com

Email

Affordability Calculator

$14,799
Per Month
97%
3%
0%
Monthly Principal & Interest
$14,349
Monthly Property Taxes
$450
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565323 Elementary School
568071 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/1/2025$2,300,000 Listed Price

Map


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7N504 Route 31, South Elgin, IL, 60177 is a Lots and Land for sale at $2,300,000 with a lot size of 20.63. 7N504 Route 31 is a studio with 0.0 baths. The property's zip code is 60177 which is in South Elgin, IL