2481 South Street

Elgin, IL 60124

$25,000
Last Sold Price
41,817 / 0.96
Lot Size / Acres

Description

Terrific commercial opportunity! Property is zoned Commercial on a remarkable .96 acres of prime land in a heavily developed area right off of Randall Road! Property has unlimited potential and offers great flexibility to commercial needs. The primary zoning code for the property is AB which stands for Actual Business per the city of Elgin. Property confirmed to have ingress/egress access off of South St. This is a flag lot where the owners have easement access to the property however they need....Terrific commercial opportunity! Property is zoned Commercial on a remarkable .96 acres of prime land in a heavily developed area right off of Randall Road! Property has unlimited potential and offers great flexibility to commercial needs. The primary zoning code for the property is AB which stands for Actual Business per the city of Elgin. Property confirmed to have ingress/egress access off of South St. This is a flag lot where the owners have easement access to the property however they need. This lot has confirmed access from South St. The property is technically a detention area and would need to be sloped toward Otter Creek to be buildable. Plats and property information attached to the MLS for easy access. Respectfully reach out to the city of Elgin with any questions regarding zoning inquiries.
  1. Listed by Matthew Spitzer • @properties Christie's International Real Estate

Sold By Coldwell Banker Real Estate Group

Property Details for 2481 South Street

Area
Elgin
Township
Elgin
Ownership
Fee Simple
Num Of Cars
0.0
Heat/Fuel
None
Zoning
COMMR

Location

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LISTING UPDATED: 04/30/2022 03:01 AM

Property Details for 2481 South Street

StatusClosed
MLS #11141171
Days on Market302
Taxes$43 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.96 AC
CountyKane County

Location

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Building Information for 2481 South Street

Lot Size0.96 AC

Payment Calculator

$140 per month

30 year fixed, 7.25% Interest

Principal and Interest

$136

Property Taxes

$4

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2481 South Street

General Information
School Information
  • Elementary School District: 301
  • High School District: 301
  • Middle Or Junior School District: 301
Location and General Information
  • Frontage Length: 128
  • Frontage Type: Easement
Property Information
Interior Features
  • Air Conditioning: None
  • Basement Description: None
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: None
Property/Lot Information
  • Lot Size: .50-.99 Acre
  • Lot Dimensions: 222X157
  • Approx Land Sq Footage: 41,883
  • Buildings on Land: No
  • Waterfront: No
  • General Information: None
Property and Assessments
  • Possible Use: Commercial
  • Public Document Count: 2
  • Document Date: 2022-02-22T01:46:51
  • Photos Count: 10
Miscellaneous
  • Current Use: Other
  • Known Existing Liens: None Known
  • Land Description: Irregular
  • Location: Mixed Use Area
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 2481 South Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2481 South Street

Taxable ValueLand$479Additions-Total$479
Tax Record2022$47 ($4 / month)
Home Facts
Lot Size45,738 SqFtStyleMiscellaneous CommercialCountyKANEAPN06-21-151-009

Schools near 2481 South Street

This home is within Central Community Unit School District 301.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 7
Public - 9 to 12
Rating
School
Distance
Howard B Thomas Grade School
PublicPK to 5

Prairie Knolls Middle School
Public6 to 7

Central High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of @properties Christie's International Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.