740 Schneider Dr., South Elgin, IL


740 Schneider Dr., South Elgin, IL
+4

740 Schneider Dr., South Elgin, IL

Lot Number: 1

Court-Ordered Real Estate Auction January 29, 2026

Substantially completed cannabis/craft grow facility.

740 Schneider Drive, South Elgin, IL.

40,000 sq. ft. industrial/manufacturing one-story building with 19'6" ceilings, three loading docks, all on a 2.42-acre site, zoned M-2, South Elgin-zoned for a craft grow facility by the Village of South Elgin.  Ideal location for distribution to local dispensaries or other possible uses.

Previously Valued Well Over: $10,000,000

Suggested Opening Bid: $5,500,000

On-site inspections from noon to 2 p.m. on December 17, 2025, January 13, January 21, and January 27, 2026 and by appointment.

Auction Deadline: January 29, 2026

Click here for Terms of Sale:

 

Start Time: 01/29/2026 1:00:00 PM
End Time: 01/29/2026 1:00:00 PM
Time Remaining:

Court-Ordered Real Estate Auction January 29, 2026

Substantially completed cannabis/craft grow facility.

740 Schneider Drive, South Elgin, IL.

40,000 sq. ft. industrial/manufacturing one-story building with 19'6" ceilings, three loading docks, all on a 2.42-acre site, zoned M-2, South Elgin-zoned for a craft grow facility by the Village of South Elgin.  Ideal location for distribution to local dispensaries or other possible uses.

Previously Valued Well Over: $10,000,000

Suggested Opening Bid: $5,500,000

On-site inspections from noon to 2 p.m. on December 17, 2025, January 13, January 21, and January 27, 2026 and by appointment.

Auction Deadline: January 29, 2026

Click here for Terms of Sale:

 

Court-Ordered Real Estate Auction January 29, 2026

Substantially completed cannabis/craft grow facility.

740 Schneider Drive, South Elgin, IL.

40,000 sq. ft. industrial/manufacturing one-story building with 19'6" ceilings, three loading docks, all on a 2.42-acre site, zoned M-2, South Elgin-zoned for a craft grow facility by the Village of South Elgin.  Ideal location for distribution to local dispensaries or other possible uses.

Previously Valued Well Over: $10,000,000

Suggested Opening Bid: $5,500,000

On-site inspections from noon to 2 p.m. on December 17, 2025, January 13, January 21, and January 27, 2026 and by appointment.

Auction Deadline: January 29, 2026

Click here for Terms of Sale:

Approved Permit Drawings.pdf

Brochure.pdf

Circuit Court Order, Filed May 16, 2025.pdf

Circuit Court Order, Filed Oct 9, 2025.pdf

Procedures, Terms and Conditions.pdf

Real Estate Sales Contract.pdf

Village of South Elgin, Special Use Permit Info.pdf

Village of South Elgin, An Ordiance Rescinding Ordinace Granting A Special Use Permit.pdf

Village of South Elgin, Development Review Application.pdf

Village of South Elgin, Fact Sheet Cannabis Business Establishments Village Ordinance.pdf

740 SCHNEIDER DR - DEMO.pdf

Building Permit Remodel.pdf

Inspection Report.pdf

New Business worksheet.pdf

Plumbing Inspections.pdf

Letter to Property Owner RE Expiration 071923.pdf

Letter to Property Owner RE Expiration 05152025.pdf

Ord 2020-08.pdf

PZC Feb. 19, 2020 Packet & Drawings.pdf

PZC Minutes of February 19, 2020.pdf

CD Application.pdf

LUO Government Letter 20-006.pdf

South Elgin CGF Special Use (executed).pdf

Affidavit_South Elgin CGF Inc.pdf

Notice Letter SE.pdf

NOTICE OF A PUBLIC HEARING Special Use.pdf

South Elgin Certified Mail Receipt.pdf

VILLAGE OF SOUTH ELGIN COMM DEVL - Public Hearing.pdf

Village Board Committee of the Whole 03022020.pdf

Village Board Regular Meeting 03162020.pdf

Village Board Minutes for 3-2-2020.pdf

Village Board Minutes for 3-16-2020.pdf

Village Board Minutes of 6.16.2025.pdf

Village Board Regular Meeting 06162025.pdf

Fact Sheet - Cannabis Business Establishments.pdf

Ord 2019-50 UDO Text Amend for Cannabis Bus.pdf

Ord 2019-51 Cannabis Retailers' Occupation Tax.pdf

Development Review Application 04012025_FillableForm.pdf

PZC Calendar January 2026 - December 2026.pdf

Village of South Elgin, Email.pdf

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