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Acre Site in Red Oak Estates
For Sale
$37,000

2003 Red Oak Lane lot 39, Spring Grove, IL 60081

LAND - Spring Grove, IL

Property SizeContact for details
Lot Size1.07 Acres
Days on Market819

Property Features for 2003 Red Oak Lane lot 39

General Information

Property type Land
Property subtype Other
Zoning SINGL
Subdivision Red Oak Estates
Elementary school Spring Grove Elementary School
Middle school Nippersink Middle School
High school Richmond-Burton Community High S
Elementary school district 2
Middle school district 2
High school district 157
Directions Route 12 to Meyer Rd, South to Red Oak Ln
Standard status Active
APN 0530351001
Lot size 1.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 500

Utilities

Sewer type Septic Needed
Water source Well Needed
Listing Agency: Re/Max Advantage · RE/MAX International
Listed By: Darlene Barnas · License #471004428
Added: May 21, 2024 Changed: Aug 1 Last Checked: Aug 17 at 2:06AM
MLS# 12062779

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 lot presents a unique opportunity to build a dream home within the desirable Red Oak Estates community. The 1.07-acre site offers an open space feel, creating a serene and picturesque setting. The location is a corner lot. The site is suited for a walk-out or look-out basement, allowing maximization of living space and natural light. The area has top-rated schools and is within walking distance to downtown restaurants, the grocery store, Hatchery Park, and seasonal festivities. Commuting is convenient with proximity to the Fox Lake Metra station, Glacier Park, and Lake Geneva. The Chain of Lakes offers recreational opportunities such as boating and fishing. Builders are welcome, and multi-lot purchase offers are also welcome. There are 19 acre sites available, each with its own character. The intended use of the property is to build a home.

Key Highlights

  • Build your dream home in the desirable Red Oak Estates community
  • 1‑Acre Site in a beautiful corner location with open space feel**
  • Many lots suited for walk‑out or look‑out basement

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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant lot to build your dream home in Spring Grove.
Where is this residential land & home lot located?
The property is located at 2003 Red Oak Lane lot 39 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: Build your dream home in the desirable Red Oak Estates community; 1‑Acre Site in a beautiful corner location with open space feel**; Many lots suited for walk‑out or look‑out basement
More about this property
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