Elgin’s next frontier primed for development is along Illinois Route 47, which includes five miles of office/research and industrial space along with luxury homes priced from the mid-$300,000s to $800,000. Key intersections along the corridor will become the new retail and commercial centers for this area.
A key component of this growth is a 550 acre site situated between Rt. 20 and Plank Road. This area is currently in the preliminary planning stages for development as a mixed use community, creating a town center atmosphere including residential and retail in a pedestrian setting.