Elgin Land for Multi-Family
For Sale
$600,000
003 South Street, Elgin, IL 60124
Land, Elgin, IL
Property SizeContact for details
Lot Size8.40 Acres
Days on Market2054
Property Features for 003 South Street
General Information
Property type
Land
Property subtype
Other
Zoning
MULTI
Elementary school district
301
Middle school district
301
High school district
301
Directions
Randall Road to South St. W. to Prairie Shore Dr. (new street to be built just West of the Target Shopping Center South entrance on the South side of the street). This lot will be on the South side of South St., just West of the new street (Prairie Shore Dr.).
Subdivision
Elgin
Standard status
Active
APN
0600000001
Lot size
8.40 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
411
Utilities
Utilities
Natural Gas Available
Water front
1
Listing Agency:
RE/MAX Horizon · RE/MAX International
(847) 931-7500
Listed By:
Ben Henrikson · License #475091643
(630) 215-6600
Added: Jan 5, 2021
Changed: Aug 19
Last Checked: Aug 21 at 11:06PM
MLS# 10963672
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 8.4-acre lot, located in Elgin, Illinois, is zoned for multi-family development. Situated within the 301 school district, the property has preliminary approval from the City and includes access to all City services. The lot benefits from immediate access off of South Street, presenting a development opportunity.
Key Highlights
- 8.0 Acre Lot with Multi‑family Zoning Potential**
- Located in 301 School District
- Preliminary City Approval Granted
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
720
Businesses Nearby
Explore this area
Business Placement
Demographics for 60124, IL
24,859
Population
8,806
Households
2.8
Avg Household Size
42
Median Age
50%
College-Educated
96%
High-School Grad
38.2 sq mi
ZIP Area
651
Density / Sq Mi
$135,350
Median Household Income
$66,217
Median Earnings
$1,956
Median Rent
$403,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 8.4-acre lot with multi-family zoning and city services.
Where is this residential land & home lot located?
The property is located at 003 South Street Elgin, IL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 8.0 Acre Lot with Multi‑family Zoning Potential**; Located in 301 School District; Preliminary City Approval Granted
