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Listing provided courtesy of Baird & Warner Fox Valley - GenevaMREDas Distributed by MLSGrid- MLS# 12435202MLS Provider

7N504 Route 31South Elgin, IL 60177

Vacant Land · 20.63 Acres
$2,300,000 Active

7N504 Route 31 Overview

Time on Site:
333 days
Visits:
0

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.

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7N504 Route 31 Facts & Features

  • Type Vacant Land
  • Lot 20.63 Acres

Details

General

School Information

  • School District: 303

Business Information

  • Current Use: Development

Location/Region

  • County Or Parish: Kane
  • MLS Area Major: South Elgin
  • Township: St. Charles

Tax Information

  • Tax Annual Amount: $5,616.70
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 0903426012
  • Possible Use: Development,Multi-Family,Single Family
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: PUD

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Frontage Length: 71
  • Frontage Type: State Road
  • Lot Size Acres: 20.63
  • Lot Size Dimensions: 72X475X484X1480X848X1987
  • Road Surface Type: Gravel

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available,Sewer Nearby,Water Nearby

7N504 Route 31 Neighborhood

Community

60177 (SOUTH ELGIN) Demographics

39
Median Age
2,604
Population Density (per sq. mile)
45%
College Educated
$99,414
Estimated Median Income
6,339
Estimated Total Home Owners
1,439
Estimated Total Renters
81% / 19%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7N504 Route 31 Monthly Cost

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Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7N504 Route 31 Market Data

Based on the last 30 days in this zip code

$434,306
Average List Price
$214
Average Price per Square Foot
35
Properties Sold
44
Average Days on Market
93
Properties for Sale
Calculations provided by Reliance Network

7N504 Route 31 History

Date Event Value Agent
8/6/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Added to Database
July 31, 2025