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Elgin Land with Pond
For Sale
$150,000

Highland Springs Drive lot 1, Elgin, IL 60123

LAND - Elgin, IL

Property SizeContact for details
Lot Size7.00 Acres
Days on Market1793

Property Features for Highland Springs Drive lot 1

General Information

Property type Land
Property subtype Other
Elementary school district 46
Middle school district 46
High school district 46
Directions Randall to Highland Ave.--East to property at NE corner of Highland Springs Dr.
Subdivision Elgin
Standard status Active
APN 0609301047
Lot size 7.00 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 746

Utilities

Utilities Natural Gas Available
Water front 1
Listing Agency: RE/MAX Horizon · RE/MAX International
Listed By: Ben Henrikson · License #475091643
Added: Sep 13, 2021 Changed: Apr 15 Last Checked: Aug 10 at 3:06AM
MLS# 11219309

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 property features an approximately 7-acre lot that includes a pond and wetlands. Just under 2 acres, specifically 80,000 square feet, are buildable. Located along Highland Springs Drive at the northwest corner of the lot, the buildable area offers potential for development. The property is contiguous to multi-family zoning, presenting the possibility of rezoning for multi-family use. The site could be suitable for townhomes overlooking the pond. All city services are available to the property.

Key Highlights

  • Approximately 2 acres of buildable land (80,000 SF) suitable for development.
  • Potential for rezoning to multi‑family use due to its location contiguous to existing multi‑family zoning.
  • Includes a good‑sized pond with wetlands, offering potential scenic views.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 60123, IL

47,932
Population
18,129
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
14.0 sq mi
ZIP Area
3,424
Density / Sq Mi
$86,762
Median Household Income
$40,288
Median Earnings
$1,226
Median Rent
$242,200
Median Home Value
Rey
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 - 7-acre lot with pond, buildable area, rezoning potential.
Where is this residential land & home lot located?
The property is located at Highland Springs Drive lot 1 Elgin, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Approximately 2 acres of buildable land (80,000 SF) suitable for development.; Potential for rezoning to multi‑family use due to its location contiguous to existing multi‑family zoning.; Includes a good‑sized pond with wetlands, offering potential scenic views.
More about this property
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