Elgin Land with
Highland Springs Drive lot 1, Elgin, IL 60123
For Sale
$150,000
Under Contract
Land, Elgin, IL
Property SizeContact for details
Lot Size7.00 Acres
Days on Market1884
Property Features for Highland Springs Drive lot 1
General Information
Property type
Property subtype
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Water front
Listing Agency:
RE/MAX Horizon · RE/MAX International
(847) 931-7500
Listed By:
Ben Henrikson · License IL #475091643
(630) 215-6600
Added: Sep 13, 2021
Changed: Oct 7
Last Checked: Nov 9 at 11:06AM
MLS# 11219309
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.
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Investment Insights
Based on property information with market context.
This property features an approximately 7-acre lot that includes a pond and wetlands. Just under 2 acres, specifically 80,000 square feet, are buildable. Located along Highland Springs Drive at the northwest corner of the lot, the buildable area offers potential for development. The property is contiguous to multi-family zoning, presenting the possibility of rezoning for multi-family use. The site could be suitable for townhomes overlooking the pond. All city services are available to the property.
Key Highlights
- Approximately 2 acres of buildable land (80,000 SF) suitable for development.
- Potential for rezoning to multi‑family use due to its location contiguous to existing multi‑family zoning.
- Includes a good‑sized pond with wetlands, offering potential scenic views.
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Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
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Business Placement
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
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Market
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Frequently Asked Questions
What type of property is this?
Land - 7-acre lot with pond, buildable area, rezoning potential.
Where is this land located?
The property is located at Highland Springs Drive lot 1 Elgin, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Approximately 2 acres of buildable land (80,000 SF) suitable for development.; Potential for rezoning to multi‑family use due to its location contiguous to existing multi‑family zoning.; Includes a good‑sized pond with wetlands, offering potential scenic views.
