37W961 Bowes Road
Elgin, IL, 60124 $ 1,300,000
Bedrooms4 Baths2.0 Sq 1,829 Monthly Estimate*
$ 8,208
for $1,300,000 with 4 bedrooms and 2 full baths. This 1,829 square foot home was built in 1945 on a lot size of 20.
An exceptional opportunity awaits with this picturesque 20 acre property at the highly visible intersection of Bowes Road and Longcommon Parkway in Elgin. Featuring a beautifully maintained 4-bedroom, 2-bath brick ranch, this one-of-a-kind property offers the perfect blend of peaceful country living, income-producing farmland, and outstanding future development potential. The home has been thoughtfully updated with newer appliances, a new air conditioning system, new water softener, and updated electrical service. The inviting family room showcases panoramic views of mature trees and rolling farmland, creating a tranquil setting to relax and enjoy nature. Adding to the property's versatility is a separate cabin located just off to the right of the main home, complete with 1 bedroom and 1 full bathroom, making it ideal for guests, extended family, a home office, or additional rental potential. Step outside to enjoy two pavilions, a 16' x 30' chicken coop, a pheasant coop, and expansive open space perfect for hobby farming, recreation, or simply enjoying the outdoors. Approximately 12 acres are currently leased to a local farmer, providing immediate income while preserving the property's agricultural charm. Located directly across from the existing Del Webb Edgewater subdivision, this property offers tremendous future potential. Comprised of five separate parcel identification numbers, the site may offer the opportunity to divide into multiple residential lots, subject to municipal approval. With rolling topography, mature trees, and Fitchie Creek bordering the southern property line, the land provides a beautiful natural setting for a variety of future uses, including residential development, an estate property, or an organizational campus. Conveniently located just minutes from Randall Road, shopping, restaurants, entertainment, and major transportation routes, this is a rare opportunity to own one of Elgin's most desirable land holdings with immediate enjoyment and exceptional long-term upside.
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FeaturesGeneralLiving Area 1829
Sewer Septic Tank
Heating Electric Forced Air
Cooling Central Air
Possession Closing
Roof Asphalt
Garage Spaces 2
Association Fee Includes None
Construction Materials Brick
Year Built 1945
Township Elgin
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 0629300008 0630400003 0630400005 0630400009
Assoc Fee Paid Per Not Applicable
County Kane
New Construction N
Property Type Residential Detached Single
Contingency Attorney/Inspection
Total Rooms 9
Full Baths 2
Status Contingent
Directions Randall to Bowes Rd. West to property on South side at intersection of Longcommon Parkway
City Elgin
High School District 46
MLS Area Elgin
Tax Annual Amount 13075.34
Additional Parcels Y/N Y
Standard Status Active Under Contract
Middle/Junior School District 46
Elementary School District 46
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InteriorBasement Partially Finished Full
Total Fireplaces 1
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 300
Room Type Storage Office
Total Baths 2
Bedrooms Possible 4
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ExteriorParking Features Yes Attached Garage
Water Source Well
Total Parking 22
Foundation Details Concrete Perimeter
Lot Dimensions 660X1330
Lot Size Acres 20
Waterfront Y/N N
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* Excluded FeaturesList ByInspire Realty Group LlcBroker
chris@inspirerealtygroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,208
- Monthly Property Taxes
- $1,090
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Elgin, IL
Average List Price $526,936
Percent of Sale Price 59%
About Elgin, IL 114,155 Population
21% Since 2002
$ 61,828 Median Income
35.71 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
567545 Elementary School
566729 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/6/2026 | $1,300,000 | | Listed Price |