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New
Open: Today 9:00 AM - 11:00 AM
$279,900
3
1.5
1,220 Sq. Ft.
263 Windsor Court, Unit A, South Elgin, IL
$285,000
230 E State Street, South Elgin, IL 60177
- Beds
- Baths
- Sq. Ft.
Prime Vacant Commercial Land for Sale at 230 E State St, South Elgin, IL. Discover an exceptional investment opportunity in the heart of South Elgin! This expansive commercial strip of land, located at 230 E State St, offers unparalleled potential for development in a rapidly growing area. Situated in the vibrant community of South Elgin in Kane County, this vacant commercial land is perfectly positioned to capitalize on the increasing demand for retail, office, residential, or mixed-use developments. There are .875 Acres of Land with ample amount of opportunties. The village is in favor of multiple developments/ uses. Key Features: Strategic Location: Located on E State St, a major thoroughfare in South Elgin, this property benefits from high visibility and easy accessibility. The land is ideally situated near established businesses, residential neighborhoods, and key local amenities, ensuring a steady flow of potential customers and clients. Size and Zoning: This generous parcel of land offers ample space for various commercial applications. The flexible zoning allows for a wide range of uses, making it ideal for developers looking to create retail centers, office complexes, residential apartments, condominiums, or a mix of these. Growing Community: South Elgin is a dynamic and expanding community with a robust local economy. The area is experiencing significant growth, driven by new residential developments and increasing commercial activity, making this an opportune time to invest. Utilities and Infrastructure: Essential utilities and infrastructure are readily available, facilitating a smooth and efficient development process. The property is primed for construction, with all necessary services in close proximity. Proximity to Key Amenities: The land is conveniently located near major retailers, dining establishments, and local attractions. Additionally, it offers easy access to major highways and public transportation, enhancing its appeal to both businesses and residents. Development Potential: The vacant land offers a blank canvas for visionary developers to bring their projects to life. Whether you're considering retail space, office buildings, residential apartments, condominiums, or the expansion of trade-ups, this property provides the perfect foundation for your next successful venture. Seller Participation and Financing Options: The seller is willing to take part in the development process or provide seller financing, making this opportunity even more attractive. This flexibility can help streamline the development process and reduce initial capital requirements for qualified buyers. Seize this rare opportunity to acquire a prime piece of commercial land in South Elgin. Contact us today to learn more about this exceptional property and how it can meet your development needs.
Overview for 230 E State Street, South Elgin
HOA Fees-
Taxes$63,526,198
Sq. Footage-
Lot Size0.87 Acres
Bedrooms-
Bathrooms-
LaundryNone
NeighborhoodSouth Elgin
Unit Floor Level-
Property StatusActive
Property TypeLand
MLS #12140158
List DateAug 16, 2024
Days on Market226
Interior Features for 230 E State Street, South Elgin
Bathroom Information
- # of Baths: 0
Utilities
- Electric Nearby
- Gas Nearby
School information for 230 E State Street, South Elgin
- Elementary School-
- Elementary School District46
- Middle or Junior School-
- Middle or Junior School District46
- High School-
- High School District46
HOA & Taxes for 230 E State Street, South Elgin
- HOA Fee-
- Frequency-
- Includes-
- Special Assessments-
- Tax$63526198
- Tax Year2023
- Exemptions-
- Special Service Area-
Payment Calculator for 230 E State Street, South Elgin
$5,295,488 per month 30 Years Fixed
Principal and Interest $1,638.16
Property Taxes $5,293,849.833
HOA Dues $0
/month
/month
Exterior, Parking & Pets for 230 E State Street, South Elgin
- Lot Size264 X 146
- Lot Size (Acres)0.87
- OwnershipFee Simple
- PoolNo Private
- WaterfrontNo
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Schools near 230 E State Street, South Elgin
Enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home
| School Information | Type | Grades | Rating |
|---|---|---|---|
Clinton Elementary School  0.4 ml | Public | KG-6 |   5 |
Willard Elementary School 0.4 ml | Public | KG-6 | 4 |
South Elgin High School 0.6 ml | Public | 9-12 | 5 |
Kenyon Woods Middle School 0.9 ml | Public | 7-8 | 5 |
Fox Meadow Elementary School 1.5 ml | Public | KG-6 | 5 |
Facts for 230 E State Street, South Elgin
As of 04/12/2025, 230 E State Street in South Elgin Illinois is listed for $285,000 and has been on the market for 226 days. 230 E State Street has 0 bedrooms, 0 bathrooms, and 0 square feet. There are currently 4 0-bedroom, 0-bathroom Lands in South Elgin, which have an average asking price of $916,500. The highest-priced 0-bedroom, 0-bathroom Land in South Elgin is $3,200,000, while the lowest-priced 0-bedroom, 0-bathroom Land is asking $70,000.
Listing Office: Coldwell Banker Realty
630-954-4600
630-954-4600
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Fulton Grace Realty are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.