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    17 Teal Ave Elgin, IL 60123

    For Sale
    Contact for pricing

    Land - Elgin, IL

    Days on Market:
    172
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 17 Teal Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SINGL
    APN
    0611203013

    Building Details

    Architectural style
    Other

    Patron, Inc (dba RE/MAX Horizon) (630) 215-6600 [email protected]

    Listing agent Gordon Gromer (847) 931-7500 License #475103999

    Listing date Jun 26, 2025

    MLS# 12099460 Listing URL

    Copyright © 2025 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.

    Overview

    Elgin Land Near Fox River

    This property consists of a 66' x 132' lot situated between the end of Teal Avenue at Mable and the Fox River in Elgin, Illinois. Teal Avenue does not currently extend to this lot. The property is located within a flood plain. The value of this land lies in its future development potential, given its location within a private area bordered by Judson University, the Fox River, and City of Elgin land.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.2883632
    Latitude
    42.055916

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    FAQs

    What type of property is this?
    Land - Vacant land with future development potential near the Fox River.
    Where is this land located?
    The property is located at 17 Teal Ave Elgin, IL.
    What is the asking price?
    The asking price for this property is $19,000.
    What are key features of this property?
    This property features: - Large 66' x 132' lot size.; - Located between Teal and the Fox River.; - Potential for future development.
    (847) 931-7500
    Request Owner's contact information
    17 Teal Ave Elgin, IL 60123
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    Elgin, IL 60123
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17 Teal Ave Elgin, IL 60123
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