35.7 Acre Residential Subdivision in Hoffman Estates
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31W330-360 Golf Rd.
Hoffman Estates, IL 60192
35.7 Acres
Residential Land
The Details
- 35.7 acre development site
- Raw land ready for development
- Frontage on Golf/Summit (Rte. 58), Berner Dr. and Dale Dr.
- Full site located in Hoffman Estates
- School zoning: District 46
- Average sale price in the area is over $375,000 (9% land cost)
- Potential for approximately 75 lots
- Zoning allows for minimum lot size of 10,000 SF
- Maximum FAR: 0.35
- Zoning: R3, one family residential
Near the corner of Golf Rd. (Route 58) and Berner Dr., this 35.7 acre site is ready for development. This potential subdivision is zoned R-3, creating the opportunity to develop approximately 75 homes each with a lot of at least 10,000 square feet. Under the current zoning, each house has a maximum floor area ratio of 0.35. The average selling price for homes in the area is more than $375,000.
Although this site is close to the border with Elgin, it is fully located in Hoffman Estates. This area has seen a significant amount of residential development since 2000, with more than 1,500 residents moving to the area.
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