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37w961 Bowes Road Elgin, IL 60124 Residential - Single Family New

New - 20 Hours Ago
  • 37w961 Bowes Road , Elgin, IL 60124 Main Photo

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Description

An exceptional opportunity awaits with this picturesque 20 acre property at the highly visible intersection of Bowes Road and Longcommon Parkway in Elgin. Featuring a beautifully maintained 4-bedroom, 2-bath brick ranch, this one-of-a-kind property offers the perfect blend of peaceful country living, income-producing farmland, and outstanding future development potential. The home has been thoughtfully updated with newer appliances, a new air conditioning system, new water softener, and updated electrical service. The inviting family room showcases panoramic views of mature trees and rolling farmland, creating a tranquil setting to relax and enjoy nature. Adding to the property's versatility is a separate cabin located just off to the right of the main home, complete with 1 bedroom and 1 full bathroom, making it ideal for guests, extended family, a home office, or additional rental potential. Step outside to enjoy two pavilions, a 16' x 30' chicken coop, a pheasant coop, and expansive open space perfect for hobby farming, recreation, or simply enjoying the outdoors. Approximately 12 acres are currently leased to a local farmer, providing immediate income while preserving the property's agricultural charm. Located directly across from the existing Del Webb Edgewater subdivision, this property offers tremendous future potential. Comprised of five separate parcel identification numbers, the site may offer the opportunity to divide into multiple residential lots, subject to municipal approval. With rolling topography, mature trees, and Fitchie Creek bordering the southern property line, the land provides a beautiful natural setting for a variety of future uses, including residential development, an estate property, or an organizational campus. Conveniently located just minutes from Randall Road, shopping, restaurants, entertainment, and major transportation routes, this is a rare opportunity to own one of Elgin's most desirable land holdings with immediate enjoyment and exceptional long-term upside.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,829
Lot Size: 20.00 acres
Garage Size: 2
Attached Garage
Built in 1945
School District: District 46
Brick Exterior
One Fireplace

General Information

Bedrooms: 4
Bathrooms: 2
Sqft: 1,829
County: Kane
Listed By:
Inspire Realty Group LLC 847-489-3476
MRED MLS

Room Information

Storage: 9X10
Office: 13X10
Bedroom 2: 13X16
Bedroom 3: 13X16
Bedroom 4: 20X14
Dining Room: 10X13
Family Room: 15X34
Kitchen: 10X12
Laundry: 11X17
Living Room: 14X21
Primary Bedroom: 13X17
$1,300,000
Est. $8,676/mo
4beds
2baths
1,829sqft
2cars
New to the Market New
BEDS4 BATHS2 full SQUARE FEET1,829 MLS#12695409
STATUSNew PROPERTY TYPEResidential - Single Family SCHOOLDistrict 46

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37w961 Bowes Road , Elgin, IL 60124.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,300,000$1,300,000$1,300,000
Down Payment $45,500$0$260,000
Monthly Mortgage Amount $7,756$8,176$6,488
Taxes $1809$1809$1809
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $780$0$0
Monthly Estimated Total $10,724$10,364$8,676

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