860 Summit Street

Elgin, IL 60120

$999,999
Price
35,719 / 0.82
Lot Size / Acres

Property Details for 860 Summit Street

StatusActive
MLS #10492411
Year Built-
DOM92
Compass TypeLand
MLS TypeLand
Lot Size0.82 AC
Taxes$60,760 / year
Condo/Co-op Fees-
HOA Fees-
CountyCook County

Listing Agent

Albert Presco

GMC Realty LTD

al@gmcrealtor.com

P: (630) 531-6900

Contact Agent(s)

Property Details for 860 Summit Street

Area
Elgin
Ownership
Fee Simple

Description

Reasonable taxes! Ready to build on a prime location in the fast growing Northwest suburb of Elgin area on busy Summit (Golf) Road. Approximately 35,000 cars a day exposure. Easy ingress and egress with ample parking. Ideal for strip center, big box store, car wash, grocery store,Multi Family Development and so much more. Bring your ideas! Buyer must be able to do a quick closing!

Location

Listing Courtesy of GMC Realty LTD

Building Information for 860 Summit Street

Lot Size0.82 AC

Payment Calculator

$8,660 per month

30 year fixed, 3.51% Interest

Principal and Interest

$3,597

Property Taxes

$5,063

HOA Dues

$0

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Property Information for 860 Summit Street

Interior Features
    Interior Features
  • Total Full Half Baths: 0
    Basement Information
  • Basement Bathrooms: No
  • Basement Description: None
Property/Lot Information
    General Information
  • Property Type: Land
  • General Information: None
  • Waterfront: No
    Parking Information
  • Num Of Cars: 0
    Location Information
  • Corporate Limits: Elgin
  • Directions: 1/2 Mile east of route 25 south of I-90
  • Township: Elgin
    Lot Information
  • Acreage: 1
  • Lot Dimensions: 423
  • Lot Size: 6.0-7.99 Acres
  • Zoning Type: COMMR
    School Information
  • Elementary School District: 46
  • Jr High Middle District: 46
  • High School District: 46
Lot/Land Information
    Lot/Land Information
  • Approx Land Sq Footage: 308000
  • Buildings on Land: No
  • Current Use: Commercial, Retail
  • Farm: No
  • Front Footage: 423
  • Frontage Access: City Street
  • Known Existing Liens: None Known
  • Location: Central Business District
  • Potential Use: Commercial, Retail
  • Rental Price: $0
  • Road Surface: Asphalt
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Community

Property History for 860 Summit Street

DateEvent & SourcePriceAppreciation
Nov 12, 2019Price Change

MRED #10492411

$999,999
Aug 21, 2019Listed (Active)

MRED #10492411

$750,000
Aug 20, 2019Cancelled

MRED #09818232

DateEvent & SourcePrice
11/12/2019
Price Change

MRED #10492411

$999,999
08/21/2019
Listed (Active)

MRED #10492411

$750,000
08/20/2019
Cancelled

MRED #09818232

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

Schools near 860 Summit Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Lords Park Elementary SchoolPublicK-60.4 mi
3
Larsen Middle SchoolPublic7-80.8 mi
3
Gifford Street High SchoolPublic7-121.2 mi
NR
Central School ProgramPublic8-121.3 mi
NR

Lords Park Elementary School

K-6, 0.4 mi, Public

3

Larsen Middle School

7-8, 0.8 mi, Public

3

Gifford Street High School

7-12, 1.2 mi, Public

NR

Central School Program

8-12, 1.3 mi, Public

NR

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.

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860 Summit Street is a 0.82 ac of land for sale in Elgin, IL 60120. This property was listed for sale on August 21, 2019 by GMC Realty LTD at $999,999. Nearby schools include Elgin High School, Central School Program and Lords Park Elementary School. 860 Summit Street is a 0-bed, 0-bath, 0.82 ac of land on a 35,719 sq. ft. / 0.82 acres lot.

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. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of GMC Realty LTD
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