Property Details
Elgin, IL 60123
Under OfferDescription
ARIHANT ENCLAVE
House - Elgin, IL
40 LUXURY SINGLE FAMILY HOMES ON 10,000 sq ft LOTS
•Walkable to Randall Road, Target and other restaurants
•2 minutes to I-20, in District 301 school zone
•Close to Jain temples and religious organizations
•Total Homes: 40
•Avg Home Size: 3,000–3,500 sq ft
•Avg Sale Price: $850,000
•Timeline: 24–30 months (phased)
PROJECTED TIMELINE
•Due Diligence & Feasibility: Ongoing (0–3 months)
•City Approvals: 4–9 months
•Site Development Start: Month 10–15
•Construction (Phased): Month 15–30
•First Home Sales: Month 21–24
•Full Sellout: By Month 36
Property Features
- House
- Land is 21 acres