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Highlights
25 miles northwest of Downtown Chicago and 12 miles from O’Hare International Airport
Direct access to I-90 Jane Adams Tollway (100,000+ average daily traffic) through Beverly Road (eastbound only) and Sutton Road/Rt. 59 (full access) ramps.
Signalized intersection: Beverly Rd. and Shoe Factory Rd.
4084 square feet of frontage on Shoe Factory Road.
Strong residential market with limited neighborhood convenience retail.
Situated between office and retail corridors with surrounding residential subdivisions.
Highly desirable South Barrington & Hoffman Estates school designations.
Less than one mile from Prairie Nature Preserve & Poplar Creek Trail System with nearly 20 miles of trails through Shoe Factory Road
Less than two miles from major retail developments including The South Barrington Arboretum, Cabela’s and Duluth Trading Company
Less than two miles from major entertainment venues including Sears Center Arena, an 11,000 seat stadium offering concerts and sporting event and three 18-hole golf courses.
Less than half mile from Life Changers International Church a 160,000 square-foot facility located on 30 acres, incorporating a sanctuary, prayer center, gymnasium, and radio and TV studio. The campus also houses the Valeo Academy, a K-12 Christian school.
Description
The Willow Lane Acres estate consists of over seventy-seven contiguous acres of rolling countryside in unincorporated Cook County. Located at the intersection of Beverly Road and Shoe Factory Road, the property’s proximity and access to I-90 make it an ideal location for mixed-use development. The Village of Hoffman Estates has expressed interest in the site for future land use and annexation.
The property’s significant landscape features and idyllic scenery make it attractive for a number of uses: neighborhood/convenience, retail, luxury residential, senior housing community, assisted living and/or memory care facility, upscale office or medical office development, meeting/events venue, educational campus, religious retreat, golf course and recreational.
Jameson Commercial is pleased to offer this rare investment opportunity. Willow Lane Acres is the last large land parcel available for development on Shoe Factory Road.
Location
Elgin
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 5,924 | 51,640 | 186,114 | |
| Population Median Age | 38 | 37 | 37 | |
| Population by Age | 0-9 Yrs | 926 (15%) | 6941 (13%) | 25655 (13%) |
| 10-19 Yrs | 649 (10%) | 7195 (13%) | 26008 (13%) | |
| 20-29 Yrs | 726 (12%) | 6874 (13%) | 25130 (13%) | |
| 30-39 Yrs | 749 (12%) | 6905 (13%) | 26632 (14%) | |
| 40-49 Yrs | 819 (13%) | 6837 (13%) | 24710 (13%) | |
| 50-59 Yrs | 892 (15%) | 7114 (13%) | 24276 (13%) | |
| 60-69 Yrs | 716 (12%) | 5854 (11%) | 18877 (10%) | |
| 70+ Yrs | 447 (7%) | 3920 (7%) | 14826 (7%) | |
| Median HH Income | $103,223 | $79,370 | $72,592 | |
| Total Household Income | < 24K | 153 (7%) | 1948 (11%) | 8283 (13%) |
| 25-49K | 195 (9%) | 3302 (19%) | 12610 (20%) | |
| 50-74K | 341 (16%) | 2758 (16%) | 11184 (18%) | |
| 75-99K | 298 (14%) | 2633 (15%) | 9668 (15%) | |
| 100-199K | 712 (34%) | 4636 (27%) | 16062 (25%) | |
| 200K+ | 358 (17%) | 1661 (9%) | 4322 (6%) | |
| Highest Education Level | No Diploma | 288 | 6122 | 22582 |
| Diploma or GED | 826 | 8476 | 30579 | |
| Some College | 730 | 6870 | 24972 | |
| Assoc. Degree | 321 | 2252 | 8943 | |
| Bachelors Degree | 1041 | 6582 | 23697 | |
| Higher Degree | 746 | 3785 | 11826 | |
| Total Housing Units | 2,108 | 17,990 | 65,469 | |
| --Owner-Occupied | 1,791 | 13,243 | 43,268 | |
| --Renter-Occupied | 267 | 3,695 | 18,859 | |
| Owner-Occupied Values | < 100K | 73 | 952 | 3760 |
| 100-199K | 418 | 5190 | 20006 | |
| 200-299K | 439 | 3520 | 11101 | |
| 300-399K | 423 | 1787 | 4281 | |
| 400-499K | 329 | 986 | 1682 | |
| 500K+ | 109 | 807 | 2438 | |
| Total Working Age Population | 4,567 | 40,309 | 144,499 | |
| In Work Force | 3,163 | 27,543 | 100,507 | |
| Not In Work Force | 1,404 | 12,766 | 43,992 | |
| Workforce Employed | 3,079 | 26,302 | 95,641 | |
| Workforce Unemployed | 84 | 1,236 | 4,809 | |
| Civlian Workforce | 3,163 | 27,538 | 100,449 | |
| Military Workforce | 0 | 5 | 57 | |
| Total Households | 2,058 | 16,938 | 62,128 | |
| Family Households | 1,526 | 12,598 | 44,550 | |
| Non-Family Households | 531 | 4,340 | 17,578 | |
| Married Couple | 1,231 | 10,012 | 32,982 | |
| Other Family | 295 | 2,587 | 11,568 | |
| Married w/Child | 628 | 4,545 | 14,909 | |
| Single Male w/Child | 7 | 293 | 1,664 | |
| Single Female w/Child | 71 | 908 | 4,427 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Illinois | 12,419,293 | +3 | 12,830,632 | +12 | 14,316,487 | +6 | 15,138,849 |
| Cook County | 5,376,741 | -3 | 5,194,675 | +10 | 5,707,832 | +5 | 5,990,243 |
| DuPage County | 904,161 | +1 | 916,924 | +10 | 1,010,323 | +2 | 1,034,039 |
| Kane County | 404,119 | +28 | 515,269 | +22 | 630,563 | +8 | 679,403 |