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Vacant Commercial Lot
For Sale
$35,000

Russell Street lot 3, Elgin, IL 60120

Land, Elgin, IL

Property SizeContact for details
Days on Market90

Property Features for Russell Street lot 3

General Information

Property type Land
Property subtype Other
Elementary school district 46
Middle school district 46
High school district 46
Directions St Charles St. West onto Russell St. all the way to the deed end of Russell
Subdivision Elgin
Standard status Active
APN 0624408003

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 724
Listing Agency: Inspire Realty Group LLC
Listed By: Christopher Davis · License #471020520
Added: Jun 8 Changed: Aug 20 Last Checked: Sep 5 at 3:06AM
MLS# 12671790

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.

Investment Insights

Based on property information with market context.

This vacant commercial land parcel is identified as Russell Street lot 3 in Elgin, Illinois. The property is located near shopping, dining, schools, healthcare services, and major transportation routes, providing a setting suited to future commercial planning subject to applicable municipal approvals.

Route 20 and I-90 are accessible from the property, along with Elgin Community College, local hospitals, and area high schools. A neighboring parcel is also available under MLS #12671851, and the seller has expressed a preference for selling both lots together. Buyers should verify zoning, permitted uses, and development requirements with the appropriate municipal authorities.

Key Highlights

  • Vacant commercial land parcel on Russell Street in Elgin
  • Near shopping, dining, schools, healthcare, and major transportation corridors
  • Access to Route 20 and I‑90

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,648
Businesses Nearby

Demographics for 60120, IL

50,799
Population
17,112
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
17.4 sq mi
ZIP Area
2,919
Density / Sq Mi
$80,305
Median Household Income
$37,495
Median Earnings
$1,250
Median Rent
$227,000
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?
Commercial land - Positioned near retail, schools, healthcare, and major transportation corridors in Elgin.
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 land parcel on Russell Street in Elgin; Near shopping, dining, schools, healthcare, and major transportation corridors; Access to Route 20 and I‑90
More about this property
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