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Residential Land for Sale in South Elgin, Illinois

7N504 Route 31, South Elgin, IL 60177

$2,300,000
Active
Est $16,148/mo

A prime parcel of 20+ acres, residential development opportunity annexed to the thriving area of South Elgin and St Charles D303 school district. Bordering Stearns road and close to Rt31/McLean/Stearns intersections. Currently zoned R-2 Single Dwelling Unit District. Previously this property has been approved for 72 townhomes and later approved for 42 single family homes. Additional land is available by the potential purchasing of adjacent existing properties. Electric and gas on site. Near forest preserve, bike trails along the river, and shopping.

Location

Street address
7N504 Route 31
Elevation
727 feet
Coordinates
41.9771, -88.3031

Directions

On IL Route 31, North of McLean Blvd, towards South Elgin. A real estate sign is at entrance and on Stearns Rd between McLean and overpass

Property details

Zoning
PUD
Source
BAIRDWARNER
Posted

Property taxes

Recent
$5,399

Parcels

  • 0903426012

Listing history

DateEventPriceChangeSource
Aug 2, 2025New listing$2,300,000BAIRDWARNER
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This property is located at 7N504 Route 31 in South Elgin, IL 60177. The property is available for sale for $2,300,000.

Checked 1 hour ago — Updated

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