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Vacant Residential Development Lot
For Sale
$37,000

7381 English Oak Lane, Spring Grove, IL 60081

Vacant wooded lot in Red Oak Estates, offered for custom home construction with builder welcome.

Property Size2,000 SF
Lot Size1.00 Acre
Price / SF$18.50
Days on Market883

Property Features for 7381 English Oak Lane

General Information

Standard status Active
Size 2,000 SF
Lot size 1.00 Acre
Property subtype Land
Zoning SINGL

Taxes and HOA fees

Annual Taxes $500
Listing Agency: Re/Max Advantage
Listed By: Darlene Barnas · License #471004428
Source: Compass
Added: Mar 18, 2024 Changed: Aug 8 Last Checked: Aug 8 at 6:32PM

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 is presented for custom home construction. The site is described as a wooded, approximately 1-acre parcel with the flexibility to choose a partially wooded or more open home layout. The property is marketed with potential for walk-out or look-out basement designs, depending on the final building plan.

The address is 7381 English Oak Lane in Spring Grove, IL. The remarks note convenient access to downtown restaurants and a grocery store within walking distance, as well as Hatchery Park and seasonal festivities. Commuting and recreation are highlighted in the area, including proximity to the Fox Lake Metra station, Glacier Park, and the Chain of Lakes.

Builders are welcome, and the seller indicates that multi-lot purchase options are available.

Key Highlights

  • 1‑acre vacant wooded lot in Red Oak Estates for custom home construction (builders welcome).
  • Lot is nestled among mature trees, offering a wooded or more open setting for your preferred home layout.
  • Many sites are suited for walk‑out or look‑out basement designs to take advantage of natural light.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Parts Store Real Estate Agency Furniture & Home Goods (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

226
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 wooded lot in Red Oak Estates, offered for custom home construction with builder welcome.
Where is this residential land & home lot located?
The property is located at 7381 English 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: 1‑acre vacant wooded lot in Red Oak Estates for custom home construction (builders welcome).; Lot is nestled among mature trees, offering a wooded or more open setting for your preferred home layout.; Many sites are suited for walk‑out or look‑out basement designs to take advantage of natural light.
More about this property
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