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Active - Land for sale

South Elgin, IL

Facts & features

Land Property type
134,165 sqft Lot size

Why you’ll love it

Outstanding opportunity to acquire Lot 21 on Route 31 in Carpentersville, a vacant commercial parcel positioned along one of the area's major transportation corridors. With excellent visibility, strong traffic exposure, and convenient access to Randall Road and Interstate 90, this property offers exceptional potential for a variety of commercial development opportunities.***Situated within a growing trade area surrounded by established residential communities, schools, and businesses, Lot 21 provides the accessibility, exposure, and flexibility that developers, investors, and owner-users seek.***Property Highlights: vacant commercial parcel, excellent development opportunity, convenient access to Randall Road, and I-90, located within a growing residential and commercial trade area, utilities nearby (buyer to verify), ideal for owner-users, developers, and investors, strong surrounding demographics and workforce base.***Carpentersville continues to experience residential growth and commercial investment throughout the Route 31, Randall Road and Route 25 corridors. This property offers the opportunity to establish a presence in a well-established community while benefiting from continued regional growth and redevelopment. Build your vision and capitalize on this outstanding commercial development opportunity.

Translating description...

Listings courtesy of Compass as distributed by MLS GRID.

Listed by: Kathryn Festen • Compass

Co-listed by: Compass

Source: MRED as distributed by MLS GRID, MLS#: 12666852 MRED as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 7:32 PM EST.

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Affordability

$220,000$455,000
1%20%
0%90%
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Estimated monthly payment

$2,114/mo

  • Mortgage$1,696
  • Property tax$418
  • HOA fee
  • Homeowners insurance
Due at closing$266,651
Down payment held in escrow$67,082
Closing costs$5,031
beycome credit Est.$6,708

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About South Elgin

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 13, 2026 at 07:32pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$335,410 Listed price

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$6,708 Credit back

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