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Residential Building Lot
For Sale
$79,500

640 Highland Springs Drive, Elgin, IL 60123

Wide residential lot with City sewer and water utilities available for development.

Property SizeContact for details
Days on Market512

Property Features for 640 Highland Springs Drive

General Information

Standard status Active
Property subtype Land

Site & Location

Highway Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,690
Listing Agency: @Home Realtors LTD
Listed By: Lori Thuestad · License #471009901
Source: Compass
Added: Mar 17, 2025 Changed: Aug 8 Last Checked: Mar 25 at 6:29PM

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 @Home Realtors LTD

Investment Insights

Based on property information with market context.

This wide residential building lot includes City of Elgin sewer and water, along with other available utilities, providing a straightforward starting point for development. The lot is positioned within an established community context.

The property is described as close to Randall Road and I-90, offering practical access for travel toward Chicago O'Hare and Rockford.

A buyer should confirm all development requirements and utility availability details directly with the City of Elgin and relevant agencies.

Key Highlights

  • Wide residential lot in a community with City of Elgin sewer and water available
  • City utilities available for development on this wide lot
  • Convenient access to Randall Road and I‑90 for trips to Chicago O'Hare and Rockford

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Dental Office Daycare Center Parking Lot & Garage

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 60123, IL

47,932
Population
18,129
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
14.0 sq mi
ZIP Area
3,424
Density / Sq Mi
$86,762
Median Household Income
$40,288
Median Earnings
$1,226
Median Rent
$242,200
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 - Wide residential lot with City sewer and water utilities available for development.
Where is this residential land & home lot located?
The property is located at 640 Highland Springs Drive Elgin, IL.
What is the asking price?
The asking price for this property is $79,500.
What are key features of this property?
This property features: Wide residential lot in a community with City of Elgin sewer and water available; City utilities available for development on this wide lot; Convenient access to Randall Road and I‑90 for trips to Chicago O'Hare and Rockford
More about this property
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