Vacant Commercial
For Sale
$35,000
Russell Street lot 3, Elgin, IL 60120
Land, Elgin, IL
Property SizeContact for details
Days on Market117
Property Features for Russell Street lot 3
General Information
Property type
Land
Property subtype
Other
Elementary school district
46
Middle school district
46
High school district
46
Directions
St Charles St. West onto Russell St. all the way to the deed end of Russell
Subdivision
Elgin
Standard status
Active
APN
0624408003
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
724
Listing Agency:
Inspire Realty Group LLC
Listed By:
Christopher Davis · License #471020520
(847) 489-3476
Added: Jun 8
Changed: Sep 16
Last Checked: Oct 2 at 8:06AM
MLS# 12671790
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 vacant commercial lot is located on Russell Street in Elgin, Illinois. The property is identified for commercial land use and offers a developable site within an established area of retail, dining, education, healthcare, and transportation access. Route 20 and I-90 are nearby, along with Elgin Community College, local hospitals, and area high schools.
An adjoining lot is also available under MLS #12671851, providing an option to consider both parcels together. Any zoning change, permitted use, or development plan should be independently verified with the City of Elgin and applicable municipal authorities before proceeding.
An adjoining lot is also available under MLS #12671851, providing an option to consider both parcels together. Any zoning change, permitted use, or development plan should be independently verified with the City of Elgin and applicable municipal authorities before proceeding.
Key Highlights
- Vacant commercial lot on Russell Street in Elgin, IL 60120
- Near shopping, dining, schools, healthcare, and major transportation corridors
- Easy access to Route 20 and I‑90
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Explore this area
Business Placement
Demographics for 60120, IL
50,799
Population
17,112
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
17.4 sq mi
ZIP Area
2,919
Density / Sq Mi
$80,305
Median Household Income
$37,495
Median Earnings
$1,250
Median Rent
$227,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Located near shopping, dining, schools, healthcare, and major transportation corridors.
Where is this commercial land located?
The property is located at Russell Street lot 3 Elgin, IL.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Vacant commercial lot on Russell Street in Elgin, IL 60120; Near shopping, dining, schools, healthcare, and major transportation corridors; Easy access to Route 20 and I‑90
