Search
Vacant Corner Residential Lot
For Sale
$37,000

2003 Red Oak Lane, Spring Grove, IL 60081

Vacant corner lot in Red Oak Estates, suited for a walk-out or look-out basement and surrounded by community amenities.

Property Size2,000 SF
Lot Size1.00 Acre
Price / SF$18.50
Days on Market883

Property Features for 2003 Red Oak Lane

General Information

Standard status Active
Size 2,000 SF
Lot size 1.00 Acre
Property subtype Land
Zoning SINGL

Taxes and HOA fees

Annual Taxes $500
Listing Agency: Re/Max Advantage
Listed By: Darlene Barnas · License #471004428
Source: Compass
Added: Mar 18, 2024 Changed: Aug 8 Last Checked: Aug 8 at 9:32AM

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 Advantage

Investment Insights

Based on property information with market context.

This vacant corner residential lot is offered in Red Oak Estates and is sized as a 1-acre site. The open layout is intended to provide a serene setting for a future home, with the flexibility to choose a preferred site style among heavily wooded, partially wooded, or open space conditions. The property is described as well suited for a walk-out or look-out basement configuration, supporting opportunities to maximize usable living space.

The community is positioned within walking distance to downtown restaurants and a grocery store, as well as Hatchery Park and seasonal festivities. The area is also described as close to the Fox Lake Metra station and Glacier Park, with access to nearby recreational opportunities associated with the Chain of Lakes.

Builders are welcome, and multi-lot purchase offers are noted as available, with additional acre sites (19 total) available within the Red Oak Estates offering.

Key Highlights

  • 1‑acre vacant corner lot in Red Oak Estates with an open space feel
  • Lot suited for a walk‑out or look‑out basement design to maximize living space and natural light
  • Choose preferred site character: heavily wooded, partially wooded, or open space

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service

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

299
Businesses Nearby

Demographics for 60081, IL

9,396
Population
3,436
Households
2.7
Avg Household Size
45
Median Age
33%
College-Educated
94%
High-School Grad
19.7 sq mi
ZIP Area
477
Density / Sq Mi
$116,278
Median Household Income
$52,404
Median Earnings
$1,204
Median Rent
$332,800
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 corner lot in Red Oak Estates, suited for a walk-out or look-out basement and surrounded by community amenities.
Where is this residential land & home lot located?
The property is located at 2003 Red Oak Lane 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 vacant corner lot in Red Oak Estates with an open space feel; Lot suited for a walk‑out or look‑out basement design to maximize living space and natural light; Choose preferred site character: heavily wooded, partially wooded, or open space
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message