Russell Street lot 3, Elgin, IL 60120

Listing agent Christopher Davis License #471020520 Show Phone

Listing office Inspire Realty Group LLC c***@inspirerealtygroup.com 111 Douglas Ave, Elgin, IL Show Phone

Listing date Jun 8, 2026

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MLS# 12671790 Listing URL

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Overview

This offering is a vacant commercial lot in Elgin, Illinois, positioned for future development. It is presented as land only, with buyers responsible for confirming site conditions, utilities, and any development requirements prior to pursuing any use.

The property benefits from convenient access to Route 20 and I-90, as well as proximity to Elgin Community College, local hospitals, and area high schools. It is situated near shopping and dining, placing it within a broader mix of established services and amenities.

According to the seller’s discussions with the City of Elgin, there may be potential to pursue rezoning to residential use. Buyers are strongly encouraged to conduct their own due diligence and verify all zoning, permitted uses, and development possibilities with the appropriate municipal authorities before submitting an offer. An additional neighboring lot is also available under MLS #12671851, and the seller would prefer to sell both parcels together, which may support broader planning options depending on the buyer’s intended end use.

Map

City

Elgin

County

Cook

State

Illinois

Longitude

-88.1354

Latitude

42.150745

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FAQs

What type of property is this?

Commercial land - Vacant commercial land near major corridors, offering flexibility for future development subject to municipal approvals.

Where is this commercial land located?

The property is located at Russell Street lot 3 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 in Elgin, presented as an acquisition opportunity with potential for future uses.; Located near major transportation corridors and easy access to Route 20 and I‑90.; Convenient to shopping, dining, schools, and healthcare, including Elgin Community College and local hospitals.