Search
Vacant Commercial Land
For Sale
$35,000

415 Russell Street, Elgin, IL 60120

Land, Elgin, IL

Property SizeContact for details
Days on Market99

Property Features for 415 Russell Street

General Information

Property type Land
Property subtype Other
Elementary school district 46
Middle school district 46
High school district 46
Directions St Charles St. West onto Russell St. all the way to the deed end of Russell
Subdivision Elgin
Standard status Active
APN 0624408004

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 724
Listing Agency: Inspire Realty Group LLC
Listed By: Christopher Davis · License #471020520
Added: Jun 8 Changed: Aug 20 Last Checked: Sep 14 at 11:06AM
MLS# 12671851

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 commercial lot offers an undeveloped land position in Elgin, Illinois. The property is located near shopping, dining, schools, healthcare services, and major transportation corridors, providing access to a range of established community amenities.

Route 20 and I-90 are accessible from the property, along with Elgin Community College, local hospitals, and area high schools. A neighboring parcel is also available, and the seller prefers a combined sale of both lots. Any zoning, permitted-use, rezoning, or development considerations should be independently verified with the City of Elgin and other appropriate municipal authorities.

Key Highlights

  • Vacant commercial lot in Elgin, IL
  • Access to Route 20 and I‑90
  • Near shopping, dining, schools, and healthcare

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office Spa & Massage Center Nail Salon Skin Care Clinic Daycare Center

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

265
Businesses Nearby

Demographics for 60120, IL

50,799
Population
17,112
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
17.4 sq mi
ZIP Area
2,919
Density / Sq Mi
$80,305
Median Household Income
$37,495
Median Earnings
$1,250
Median Rent
$227,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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?
Commercial land - Commercial parcel near shopping, healthcare, education, and major transportation routes.
Where is this commercial land located?
The property is located at 415 Russell Street Elgin, IL.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Vacant commercial lot in Elgin, IL; Access to Route 20 and I‑90; Near shopping, dining, schools, and healthcare
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