Prime 8.91-acre development opportunity in thriving downtown Elburn, offering exceptional potential for commercial, multifamily, or mixed-use projects. Strategically positioned with 450.33 feet of frontage along Route 47, this parcel benefits from high visibility and accessibility, with an IDOT-reported traffic count of 9,600 vehicles. The site is equipped with municipal water, sewer, gas and electric. The surrounding area is poised for growth, with a steady flow of traffic and proximity to key amenities, making it a magnet for businesses and residents alike. The high traffic count along Route 47 ensures a consistent customer base for commercial ventures, while the village's welcoming community and strategic location support the demand for quality housing options. This property presents a rare opportunity to capitalize on a growing market with strong demographic trends. Whether you're a developer seeking to create a landmark commercial hub, a multifamily community, or a vibrant mixed-use destination, this 8.91-acre parcel offers unmatched potential. Don't miss the chance to secure a prime development site in a high-traffic, infrastructure-ready location. Contact us today!
— the listing agent’s description
The home
8.91-acre lot
Land
What it’ll cost
$9,273 taxes / yr
No HOA
7 days on dwello
Estimated monthly payment
$5,961/mo
Principal & interest$4,918
Property taxes$773
Homeowners insurance$270
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