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37w961 Bowes Road , Elgin, IL 60124.
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.
MLS ID: 12695409
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37w961 Bowes Road , Elgin, IL 60124.

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563-441-1862
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 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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