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Corner Residential Lot Opportunity
For Sale
$37,000
Pending

Lot 36 Red Oak Lane, Spring Grove, IL 60081

Vacant corner lot in Red Oak Estates with about 1-acre site for building a custom home.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market817

Property Features for Lot 36 Red Oak Lane

General Information

Standard status Pending
Lot size 1.00 Acre
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $500
Listing Agency: Re/Max Advantage
Listed By: Darlene Barnas · License #471004428
Source: Exitrealty
Added: May 23, 2024 Changed: Aug 8 Last Checked: Aug 8 at 5:29PM

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 residential lot is located in Red Oak Estates and offers a corner setting for building a custom home. The site is described as approximately 1 acre, with flexibility for different preferences including heavily wooded, partially wooded, or more open space. The property is also noted as being suitable for walk-out or look-out basement designs.

The surrounding area is described as having proximity to downtown restaurants and a grocery store, as well as Hatchery Park and seasonal festivities. The public remarks also reference nearby access to the Fox Lake Metra station and Glacier Park, along with recreational opportunities associated with the Chain of Lakes.

Builders are welcome, and multi-lot purchase offers are noted in the remarks.

Key Highlights

  • Vacant corner lot in Red Oak Estates with about a 1‑acre site for building a custom home
  • Multi‑lot purchase offers welcome
  • Many lots in Red Oak Estates may support walk‑out or look‑out basement designs

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Law Firm Furniture & Home Goods Hair Salon (Bike/Boat/Book/etc) 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

250
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant corner lot in Red Oak Estates with about 1-acre site for building a custom home.
Where is this residential land & home lot located?
The property is located at Lot 36 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: Vacant corner lot in Red Oak Estates with about a 1‑acre site for building a custom home; Multi‑lot purchase offers welcome; Many lots in Red Oak Estates may support walk‑out or look‑out basement designs
More about this property
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