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Residential Land Development Opportunity
For Sale
$50,000

Lot 1 Elm Ct, Saint Charles, IL 60174

Development opportunity zoned for multi-family use in St. Charles.

Property SizeContact for details
Days on Market195

Property Features for Lot 1 Elm Ct

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $974
Listing Agency: eXp Realty - St. Charles
Listed By: Jay Rodgers · License #475129481
Source: Exprealty
Added: Feb 27 Changed: Sep 5 Last Checked: Sep 9 at 10:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty - St. Charles

Investment Insights

Based on property information with market context.

This residential land presents a development opportunity, zoned R-9 for multi-family use. The site is suitable for the construction of two 3-unit buildings. Utilities are available to the site. Located within the St. Charles District #303 school district. The property backs onto newer townhomes in Whitmore Place. This site could be developed and sold for profit, or retained as a 6-unit investment property for cash flow in the rental market. The property consists of multiple PIN numbers (6).

Key Highlights

  • Zoned R‑9 / Multi‑Family: Site for two 3‑unit buildings.
  • Development opportunity for profit or cash flow.
  • Utilities to site.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Restaurant Spa & Massage Center Building Supply Real Estate Agency Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby

Demographics for 60174, IL

30,958
Population
13,115
Households
2.4
Avg Household Size
42
Median Age
49%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
2,260
Density / Sq Mi
$102,408
Median Household Income
$51,235
Median Earnings
$1,738
Median Rent
$348,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development opportunity zoned for multi-family use in St. Charles.
Where is this residential land & home lot located?
The property is located at Lot 1 Elm Ct Saint Charles, IL.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Zoned R‑9 / Multi‑Family: **Site for two 3‑unit buildings.**; Development opportunity for profit or cash flow.; Utilities to site.
More about this property
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