Elgin, IL 60123

Under Offer
Property Details

Elgin, IL 60123

Under Offer
Description

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

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