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Flood Plain Residential Lot
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Lot 17 Teal Avenue, Elgin, IL 60123

Vacant residential lot measuring 66 by 132 feet, located in the flood plain near the Fox River.

Property SizeContact for details
Lot Size0.20 Acres
Days on Market936

Property Features for Lot 17 Teal Avenue

General Information

Standard status Active
Lot size 0.20 Acres
Property subtype Land
Zoning SINGL

Taxes and HOA fees

Annual Taxes $108
Listing Agency: RE/MAX Horizon
Listed By: Gordon Gromer · License #475103999
Source: Compass
Added: Jan 17, 2024 Changed: Aug 8 Last Checked: Mar 25 at 5:55PM

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 RE/MAX Horizon

Investment Insights

Based on property information with market context.

This is a vacant residential lot measuring 66 feet by 132 feet. The property is described as being located in the flood plain, and the Fox River is mentioned as being adjacent to the lot area. The remarks indicate that Teal Avenue does not extend to this lot.

The lot is positioned between Teal Avenue and the Fox River per the public remarks. The description also references a private area between Judson University, the Fox River, and the City of Elgin, with value tied to future development of that area.

Please note that the provided information does not include zoning, utilities, access details, or any development entitlements, so those items would need to be confirmed during due diligence.

Key Highlights

  • Vacant residential lot measuring 66' x 132'.
  • Lot located in the flood plain.
  • Lot sits near the Fox River, between the end of Teal and the river.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Gym & Fitness Center Building Supply

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

347
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 - Vacant residential lot measuring 66 by 132 feet, located in the flood plain near the Fox River.
Where is this residential land & home lot located?
The property is located at Lot 17 Teal Avenue Elgin, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Vacant residential lot measuring 66' x 132'.; Lot located in the flood plain.; Lot sits near the Fox River, between the end of Teal and the river.
More about this property
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