Growth in the Village of Elburn
The Village of Elburn is a charming rural community of approximately 6,300 residents, located 10 miles west of the Fox River and 5 miles north of the IL Rt. 47 and I-88 interchange in central Kane County. It is the goal of the Village of Elburn to preserve its character as a charming place to live and a prosperous area for business. The Village seeks to encourage moderate and well-balanced growth. The growth that contains a balance of commercial and residential land uses will ensure that a stable tax base is maintained, as well as the character of the community.
In October 2015 the Economic Development Committee in conjunction with NIU’s Center for Governmental Studies completed the Business Survey Results and Inventory that assists the Village in understanding the area economy, the current and expected status of existing businesses, and tools available to help expand and encourage new businesses. Over 70 businesses completed the survey. The respondents were upbeat and the future of Elburn and favor retaining the rural flavor of the community.
Documents & Resources
Demographics For the Village of Elburn
Retailers considering locating to the Village of Elburn often look for demographic information about the village. The Illinois Department of Commerce and Economic Opportunity (DCEO) recently published an update to our demographic information for the Village of Elburn.
What is not taken into account is that our trade area is tremendously larger than just the village boundaries. Our closest retail competition is several miles away, which means that shoppers in the outlying unincorporated areas will chose which town to drive into for their shopping needs.
Development Escrow Policies
The Village of Elburn uses outside consultants for planning, engineering, legal, and other services. The cost of those services shall be reimbursed by the responsible developer.
To get started, download and complete the Development Escrow Application. After the developer establishes an escrow account with the Finance Department, the village administrator may authorize the consultants to work on the subject project. The Finance Department forwards bills to the developer monthly to replenish the required escrow balance. If at any time there is a question on any of the bills, the developer has 60 days from the receipt of the monthly bill to bring it to the village’s attention.
The required escrow deposit is not a ceiling to the cost of the project, and does not include other fees that may apply. Failure to maintain the required escrow balance will result in a doubling of the required escrow balance.
At the close of the project, the developer submits a written request to receive any remaining balances. No interest is paid to the developer on the required deposit or payments.
Below are our most frequently used development consultants: