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  • $1,130,000

    37W961 Bowes Rd, Elgin, IL 60124

    4beds
    1,829sqft
    Single Family Residence
    Built in 1945
    20 Acres Lot
    $-- Zestimate®
    $618/sqft
    $2,886 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,886/mo

    Zestimate® history
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    What's special

    Mature treesTwo pavilionsRolling topographyPheasant coopInviting family roomUpdated electrical serviceNew air conditioning system
    An exceptional opportunity awaits with this picturesque 20 acre property at the highly visible intersection of Bowes Road and Longcommon Parkway in Elgin. Featuring a beautifully maintained 4-bedroom, 2-bath brick ranch, this one-of-a-kind property offers the perfect blend of peaceful country living, income-producing farmland, and outstanding future development potential. The home has been thoughtfully updated with newer appliances, a new air conditioning system, new water softener, and updated electrical service. The inviting family room showcases panoramic views of mature trees and rolling farmland, creating a tranquil setting to relax and enjoy nature. Adding to the property's versatility is a separate cabin located just off to the right of the main home, complete with 1 bedroom and 1 full bathroom, making it ideal for guests, extended family, a home office, or additional rental potential. Step outside to enjoy two pavilions, a 16' x 30' chicken coop, a pheasant coop, and expansive open space perfect for hobby farming, recreation, or simply enjoying the outdoors. Approximately 12 acres are currently leased to a local farmer, providing immediate income while preserving the property's agricultural charm. Located directly across from the existing Del Webb Edgewater subdivision, this property offers tremendous future potential. Comprised of five separate parcel identification numbers, the site may offer the opportunity to divide into multiple residential lots, subject to municipal approval. With rolling topography, mature trees, and Fitchie Creek bordering the southern property line, the land provides a beautiful natural setting for a variety of future uses, including residential development, an estate property, or an organizational campus. Conveniently located just minutes from Randall Road, shopping, restaurants, entertainment, and major transportation routes, this is a rare opportunity to own one of Elgin's most desirable land holdings with immediate enjoyment and exceptional long-term upside.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Davis 847-489-3476,

    Inspire Realty Group LLC

    Bought with:

    Jose Cortez

    Golden Enterprise Realty Inc

    Source: MRED as distributed by MLS GRID,MLS#: 12695409MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Storage, Office
    Primary bedroom
    • Level: Main
    • Area: 221 Square Feet
    • Dimensions: 13X17
    Bedroom 2
    • Level: Main
    • Area: 208 Square Feet
    • Dimensions: 13X16
    Bedroom 3
    • Level: Main
    • Area: 208 Square Feet
    • Dimensions: 13X16
    Bedroom 4
    • Level: Basement
    • Area: 280 Square Feet
    • Dimensions: 20X14
    Dining room
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 10X13
    Family room
    • Level: Main
    • Area: 510 Square Feet
    • Dimensions: 15X34
    Kitchen
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10X12
    Laundry
    • Level: Basement
    • Area: 187 Square Feet
    • Dimensions: 11X17
    Living room
    • Level: Main
    • Area: 294 Square Feet
    • Dimensions: 14X21
    Office
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13X10
    Storage
    • Level: Basement
    • Area: 90 Square Feet
    • Dimensions: 9X10
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Partially Finished,Full
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 730
    • Total interior livable area: 1,829 sqft
    • Finished area below ground: 300

    Property

    Parking
    • Total spaces: 22
    • Parking features: Yes, Attached, Garage
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1
    Lot
    • Size: 20 Acres
    • Dimensions: 660X1330
    Details
    • Additional parcels included: 0629300008,0630400003,0630400005,0630400009
    • Parcel number: 0629300008
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    HOA
    • Services included: None
    Location
    • Region: Elgin

    Financial & listing details

    • Price per square foot: $618/sqft
    • Tax assessed value: $581,409
    • Annual tax amount: $13,075
    • Date on market: 7/6/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/30/2026Sold$1,130,000-13.1%$618/sqft
    Source: MRED as distributed by MLS GRID #12695409 Report a problem
    7/15/2026Contingent$1,300,000$711/sqft
    Source: MRED as distributed by MLS GRID #12695409 Report a problem
    7/6/2026Listed for sale$1,300,000+128.1%$711/sqft
    Source: MRED as distributed by MLS GRID #12695409 Report a problem
    5/25/2023Sold$570,000-21.4%$312/sqft
    Source: MRED as distributed by MLS GRID #11024078 Report a problem
    3/27/2023Contingent$725,000$396/sqft
    Source: MRED as distributed by MLS GRID #11024078 Report a problem
    3/16/2022Price change$725,000-3.3%$396/sqft
    Source: MRED as distributed by MLS GRID #11024078 Report a problem
    11/24/2021Listed for sale$750,000$410/sqft
    Source: MRED as distributed by MLS GRID #11024078 Report a problem
    10/1/2021Listing removed--
    Source: RE/MAX International Report a problem
    3/17/2021Listed for sale$750,000$410/sqft
    Source: MRED as distributed by MLS GRID #11024078 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,732 +2%$193,803 +8.6%
    2024$12,478 +10.4%$178,510 +10.7%
    2023$11,301 +4.1%$161,308 +9.7%
    2022$10,860 +6.3%$147,109 +7%
    2021$10,221 +3.2%$137,528 +4.8%
    2020$9,901 +3.9%$131,255 +5%
    2019$9,527 +1.8%$125,002 +6.2%
    2018$9,356 +5.3%$117,749 +5.8%
    2017$8,884 -6.1%$111,305 +7.8%
    2016$9,458 $103,269 +17.2%
    2015-- $88,104 +1.3%
    2014-- $86,986 -2.5%
    2013-- $89,178 -7.3%
    2012-- $96,190 -10.5%
    2011-- $107,528 -12.2%
    2010-- $122,400
    Find assessor info on the county website

    Neighborhood: 60124

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 46

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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