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Vacant Wooded Residential Lot
For Sale
$37,000

7388 English Oak Lane, Spring Grove, IL 60081

Vacant lot with mature trees in Red Oak Estates, suited for a custom home and potential walk-out basement design.

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

Property Features for 7388 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 9:40AM

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.

Vacant residential lot in Red Oak Estates offering a wooded setting with mature trees. The property is described as a 1-acre site, with room to build to your preferred layout, including options that accommodate partially wooded or more open areas. The site is noted as being well suited for a walk-out or look-out basement to help maximize living space.

The remarks describe convenient access to local destinations, including downtown restaurants and a grocery store within walking distance, along with Hatchery Park and seasonal festivities. Additional recreation opportunities are highlighted through the Chain of Lakes, and the property is described as being near Fox Lake Metra station and Glacier Park.

Builders are welcome, and multi-lot purchase offers are also noted as being available through this offering.

Key Highlights

  • Vacant 1‑acre lot in Red Oak Estates with mature trees
  • Partially wooded setting with space options for open or wooded home sites
  • Suitable for walk‑out or look‑out basement design (per property remarks)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Law Firm Furniture & Home Goods Hair Salon (Bike/Boat/Book/etc) Store

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 lot with mature trees in Red Oak Estates, suited for a custom home and potential walk-out basement design.
Where is this residential land & home lot located?
The property is located at 7388 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: Vacant 1‑acre lot in Red Oak Estates with mature trees; Partially wooded setting with space options for open or wooded home sites; Suitable for walk‑out or look‑out basement design (per property remarks)
More about this property
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