31W085 Shoe Factory Road Elgin, IL $ 19,500,000
31W085 Shoe Factory Road
$ 19,500,000
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31W085 Shoe Factory Road

Elgin, IL, 60120
$ 19,500,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 134,682

31W085 Shoe Factory Road, Elgin, IL 60120 - Image 1
31W085 Shoe Factory Road, Elgin, IL 60120 - Image 2
31W085 Shoe Factory Road, Elgin, IL 60120 - Image 3
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31W085 Shoe Factory Road, Elgin, IL 60120 - Image 6
31W085 Shoe Factory Road, Elgin, IL 60120 - Image 7
Lots and Land for sale in Elgin, IL for $19,500,000. The lot size is 77.

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.

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Lots and Land Active

Price

$ 19,500,000

Property Type

Lots and Land

Taxes

$ 72,000

Style

Agricultural

Lot Size

77

Town/City

Elgin

County/Region

COOK

MLS | Web ID

12796859

Features
General
Heating Other
Cooling Zoned
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available
Possession Closing
Zoning PUD
Township Hanover
Tax Year 2024
Current Use Agricultural
Ownership Fee Simple
County Cook
Property Type Land Land
Possible Use Agricultural Commercial Estate Office Development
Status Active
Directions I-90 West to Beverly Road. South on Beverly Rd. to property
High School Elgin High School
City Elgin
High School District U46
MLS Area Elgin
Elementary School Timber Trails Elementary School
Tax Annual Amount 72000
Middle/Junior High School Larsen Middle School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District U46
Elementary School District U46
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Exterior
Water Source Municipal Water
Total Parking 0
Lot Dimensions APROX. 80 ACRES
Lot Size Acres 77
Road Surface Type Asphalt
Frontage Length 1247
Frontage Type Signal Intersection Township Road US Highway
Waterfront Y/N N
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Interior
Total Baths 0
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* Excluded Features
List By
Jameson Sotheby's Intl Realty

Broker

ashaban@jamesonsir.com

Email

Affordability Calculator

$140,682
Per Month
96%
4%
0%
Monthly Principal & Interest
$134,682
Monthly Property Taxes
$6,000
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
5586442 Elementary School
5556179 Middle School
Elgin High School High School
Pricing History
DatePricePrice ChangeDescription
11/2/2026$19,500,000 Listed Price

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31W085 Shoe Factory Road, Elgin, IL, 60120 is a Lots and Land for sale at $19,500,000 with a lot size of 77. 31W085 Shoe Factory Road has 0.0 baths. The property's zip code is 60120 which is in Elgin, IL