Vacant Commercial
For Sale
$35,000
415 Russell Street, Elgin, IL 60120
Land, Elgin, IL
Property SizeContact for details
Days on Market117
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
(847) 489-3476
Added: Jun 8
Changed: Sep 16
Last Checked: Oct 2 at 6:06AM
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 parcel is located at 415 Russell Street in Elgin, Illinois. The property is positioned within reach of shopping, dining, schools, healthcare services, and established transportation corridors, providing a central setting for future planning and evaluation.
Route 20 and I-90 are accessible from the property, along with Elgin Community College, local hospitals, and area high schools. Seller discussions with the City of Elgin have indicated possible consideration of residential rezoning; zoning, permitted uses, and development parameters should be independently verified with the appropriate municipal authorities. An additional neighboring lot is also available under MLS #12671790, and the seller prefers a combined sale of both parcels.
Route 20 and I-90 are accessible from the property, along with Elgin Community College, local hospitals, and area high schools. Seller discussions with the City of Elgin have indicated possible consideration of residential rezoning; zoning, permitted uses, and development parameters should be independently verified with the appropriate municipal authorities. An additional neighboring lot is also available under MLS #12671790, and the seller prefers a combined sale of both parcels.
Key Highlights
- Vacant commercial lot at 415 Russell Street, Elgin, IL 60120
- Accessible to Route 20 and I‑90
- Near shopping, dining, schools, and healthcare services
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land 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 at 415 Russell Street, Elgin, IL 60120; Accessible to Route 20 and I‑90; Near shopping, dining, schools, and healthcare services
