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000 Huntley Rd, West Dundee, IL, 60118

$2,250,000

19.30 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #11036109
Lot Size19.30 Acres
StatusAccepting Backup Offers
(Contingent)

About 000 Huntley Rd

Priced on a multi-family per unit basis, this strategically located development opportunity is near Springhill Mall and is an ideal infill site for new higher density residential development or possibly a senior or age-restricted facility. A large 20 +acre Dundee Park land is adjacent to the west serves as an amazing public amenity to the parcel. The zoning is in the process of being changed from B-2 commercial to multiple family in response to the proactive measures being considered by the village to stabilize and rejuvenate Springhill Mall. The existing commercial zoning was established long ago and while appropriate then, the changing economics of most regional malls calls for bold changes. Many regional malls are adding new multiple family housing projects where retail stores and office buildings once were the norm. To this end, the village is currently updating the comprehensive land plan, and the zoning of this parcel has been changed from commercial B-2 PUD to MF, multi-family. The existing TIF district supporting the mall is also being updated, and the tif boundary is being recast to include this property. The expanded TIF could help with infrastructure improvements such as storm water management, access roads, and utilities. Call the listing agents for more details and status.

Property Details

Property Features

Listing Office:

  • Office Name: Coleman Land Company
  • Office Phone: (630) 377-1600
  • Listing Agent: Mark Coleman

Lot Features

Lot Information:

  • Lot Size: 19.30 Acres

School Info

Assigned Schools Information:

  • Harry D Jacobs High School, Public District Grades 9-12
  • Dundee Middle School, Public District Grades 6-8
  • Dundee Highlands Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Rt. 31 and Huntley Road intersection, head west past Elm Avenue and once you clear the tree line on the south, you'll see the subject 19.307 acres along the south side of Huntley Road, across from Harbor Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,250,000
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Housing Market Comparison

See how this home compares to others in West Dundee, IL.

Med. Sold Price

$357.5K

Med. Price/SqFt

$183

Avg. Days On Market

6

# of Sold Homes

8

000 Huntley Rd vs West Dundee

1130 DAYS ON ROCKET

+1124 Days

$2,250,000

+$1.8M More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price in West Dundee, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11036109

Listing Office:

  • Office Name: Coleman Land Company
  • Office Phone: (630) 377-1600
  • Listing Agent: Mark Coleman

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Property Sales & Tax

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$11.2K

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5320358
7
/10
  • Dundee Highlands Elementary School

  • 407 S 5th St

  • 1.53 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5320359
5
/10
  • Dundee Middle School

  • 4200 W Main St

  • 1.96 miles

  • Public District Grades 6-8

High School

school-card-donut-5320360
9
/10
  • Harry D Jacobs High School

  • 2601 Bunker Hill Dr

  • 4.52 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $129,360. The majority of West Dundee, IL residents have income between $100k-200k annually. Typical family type is married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 000 Huntley Rd

What is the listing price of this property?

The listing price of 000 Huntley Rd property is $2,250,000.

What type of property is this?

The property 000 Huntley Rd is land located in West Dundee, Illinois, 60118.

Is this property for sale now?

Accepting Backup Offers: 000 Huntley Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 000 Huntley Rd are:
Dundee Highlands Elementary School: GreatSchools Rating 7/10
Dundee Middle School: GreatSchools Rating 5/10
Harry D Jacobs High School: GreatSchools Rating 9/10

How much acreage is this property?

The property 000 Huntley Rd is 19.30 acres.
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Rocket HomesIllinoisKane CountyWest Dundee60118000 Huntley Rd

This home is located at 000 Huntley Rd in West Dundee, IL and zip code 60118. This home sits on a 19.30 acre lot. It has been listed on Rocket Homes since March 29, 2021 and is currently priced at $2,250,000.

In April 2024 more than 5 listings in West Dundee, IL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below. The number of listings in West Dundee, IL increased by 22.7% between March 2024 and April 2024. The median list price of listings available in April 2024 was $357,500, while the average time on the real estate market was 6 days.

From Rocket Homes Real Estate and based on county public records data.

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