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$19,500,000
4 Days On Site

31W085 Shoe Factory Road
Elgin, IL 60120

For Sale|Land|Active
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Jameson Sotheby's Intl Realty

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31W085 Shoe Factory Road31W085 Shoe Factory Road31W085 Shoe Factory Road31W085 Shoe Factory Road
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An extraordinary opportunity to acquire approximately 77 acres in Chicago's coveted northwest suburban corridor. Strategically positioned along Shoe Factory Road near South Barrington, Hoffman Estates, and Interstate 90, this remarkable property offers approximately 4,084 feet of road frontage, an impressive collection of existing improvements, and a picturesque natural setting. The property features six residential homes, six additional apartment units, extensive equestrian facilities, multiple barns and stables, three warehouse and storage buildings, an established vineyard, two scenic lakes, mature wooded areas, and expansive open fields. A truly exceptional offering with the scale and versatility to explore a variety of potential uses, including an exclusive luxury residential or gated estate community, senior living and wellness campus, equestrian destination, mixed-use development, hospitality concept, or significant long-term land investment. Located in unincorporated Cook County, this rare 77-acre offering combines substantial acreage, existing infrastructure, natural beauty, and strategic accessibility within Chicago's northwest suburbs. All potential development concepts and uses are subject to independent feasibility studies, zoning and land-use regulations, environmental review, infrastructure availability, and all applicable governmental approvals. An extraordinary opportunity to acquire a significant landholding and bring a landmark vision to life.

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Listing Snapshot
Price 
$19,500,000
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
77 Acres
Year Built 
N/A
MLS Number 
12796859
Status 
Active
Property Tax 
$72,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS
4 days agoListing first seen on site
General Features
Acres 
77
Additional Property Use 
Agricultural
Utilities 
Natural Gas AvailableSewer ConnectedWater Available
Water Source 
Public
Zoning 
PUD
Interior Features
Cooling 
Zoned
Heating 
Other
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Exterior Features
Frontage 
1247
Lot Features 
PastureWooded
Community Features
MLS Area 
Elgin
School District 
Elgin High School
Township 
Hanover
Roads 
Asphalt
Schools
School District
Elgin High School
Elementary School
Timber Trails Elementary School
Middle School
Larsen Middle School
High School
Elgin High School
Listing Courtesy of MRED as distributed by MLS Grid of Jameson Sotheby's Intl Realty



Based on information submitted to the MLS GRID as of 2026-11-06 05:11 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-11-06 05:11 PM UTC
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Neighborhood & Commute
Source: Walkscore
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