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211 W Main St
Carpentersville, IL 60110 Elgin/Dundee

$3,850,000 USD

Apartments For Sale  •  100,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 100,000 SF
  • Lot Size 3.2 AC
  • Zoning GC
0 Transit Score
62 Walk Score

Highlights

3.2 Acres of Development Land; Land is approved for 130-units of Class-A multi-family apartments
Shovel Ready; All plans and permits have been approved by the city and site is construction ready
TIF Funding Available; Approximately $11,000,000 of Tax Incrementing Financing (TIF) funds is approved for this development
Minimal Soft Cost; Current owners have invested over $2,000,000 in zoning, engineering, plans, and more, minimizing upfront soft cost

Amenities

  • 24 Hour Access
  • Concierge
  • Elevator
  • Sundeck

Public Transportation

Commuter RailDriveWalkDistance
Elgin Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 11 min - 5.3 mi
Big Timber Road Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 11 min - 5.5 mi
AirportDriveWalkDistance
Chicago O'Hare International 37 min - 27.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 240
Type: Covered
Included in Rent: Yes
Chad Firsel 312-269-0220 Quantum Real Estate Advisors, Inc
Chad Firsel 312-269-0220 Quantum Real Estate Advisors, Inc