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    2003 Red Oak Ln Spring Grove, IL 60081

    For Sale
    $37,000

    Land - Spring Grove, IL

    Lot size:
    1.07 Acres
    Days on Market:
    201
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 2003 Red Oak Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SINGL
    APN
    0530351001
    Lot size
    1.07 Acres

    Building Details

    Architectural style
    Other

    ReMax Advantage Realty (847) 812-9500 [email protected]

    Listing agent Darlene Barnas (847) 395-3000 License #471004428

    Listing date May 19, 2025

    MLS# 12062779 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

    Acre Site in Red Oak Estates

    This vacant 1.07-acre lot presents a unique opportunity to build a custom home in the Red Oak Estates community. The corner location offers an open space feel, providing a serene setting. The site is suitable for a walk-out or look-out basement, allowing for maximized living space and natural light. The area is served by top-rated schools. The property's location provides convenient access to downtown restaurants, the grocery store, Hatchery Park, and seasonal festivities. Commuting is facilitated by proximity to the Fox Lake Metra station and Glacier Park. Residents can enjoy recreational opportunities at the Chain of Lakes, including boating and fishing. Multi-lot purchase offers are welcome.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring Grove
    County
    McHenry
    State
    Illinois
    Longitude
    -88.237271
    Latitude
    42.433143

    FAQs

    What type of property is this?
    Land - Build your dream home in desirable Red Oak Estates community.
    Where is this land located?
    The property is located at 2003 Red Oak Ln Spring Grove, IL.
    What is the asking price?
    The asking price for this property is $37,000.
    What are key features of this property?
    This property features: - 1-Acre corner lot in desirable Red Oak Estates community.; - Choice of wooded, partially wooded, or open space site.; - Potential for walk-out or look-out basement.
    (847) 395-3000
    Request Owner's contact information
    2003 Red Oak Ln Spring Grove, IL 60081
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    Spring Grove, IL 60081
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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
    2003 Red Oak Ln Spring Grove, IL 60081
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