Rare opportunity to own a nearly 0.5-acre lot in a prime location! Zoned I-1 (Light Industrial) and ideally situated within a commercial district, this property offers excellent flexibility for a variety of permitted uses. The lot is ready to build, making it a perfect opportunity for investors, developers, or business owners looking to establish or expand their operations. Offering great visibility and accessibility, ideal for a wide range of industrial or commercial uses. Bring your vision and take advantage of this versatile property in a highly desirable location.
Active
$600,000
401 King St, Elk Grove Village, IL 60007
--beds
--baths
0.49Acres
Unimproved Land
Built in ----
0.49 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 90 days |
- 103 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Kinga Korpacz, ABR,BPOR,CRS,e-PRO,GRI,RSPS,SFR,SRS (773)250-7410,
Exit Realty Redefined
Source: MRED as distributed by MLS GRID,MLS#: 12620935
Facts & features
Property
Features
- Frontage length: 100
Lot
- Size: 0.49 Acres
- Dimensions: 100x210
Details
- Parcel number: 08221022370000
- Zoning: INDUS
- Special conditions: None
Utilities & green energy
- Water: Municipal Water
- Utilities for property: Electricity Nearby, Natural Gas Nearby, Water Nearby
Community & HOA
Location
- Region: Elk Grove Village
Financial & listing details
- Tax assessed value: $210,010
- Annual tax amount: $5,333
- Date on market: 4/16/2026
- Ownership: Fee Simple
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$2,121/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Listed for sale | $600,000+50.8% |
Source:  MRED as distributed by MLS GRID #12620935 Report a problem | ||
| 10/26/2022 | Sold | $398,000+430.7% |
Source: Public Record Report a problem | ||
| 9/8/2010 | Sold | $75,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $21,001 |
| 2023 | $5,333 +3.9% | $21,001 |
| 2022 | $5,131 -12% | $21,001 |
| 2021 | $5,830 +3.8% | $21,001 |
| 2020 | $5,616 +9.8% | $21,001 |
| 2019 | $5,113 +8.2% | $21,001 +21.9% |
| 2018 | $4,727 +0.7% | $17,233 |
| 2017 | $4,694 -50% | $17,233 -53.3% |
| 2016 | $9,381 -7% | $36,871 -2.1% |
| 2015 | $10,089 +1.4% | $37,676 |
| 2014 | $9,950 +2.3% | $37,676 |
| 2013 | $9,725 | $37,676 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 60007
Nearby schools
GreatSchools rating
- 4/10Rupley Elementary SchoolGrades: K-5Distance: 0.9 mi
- 5/10Grove Jr High SchoolGrades: 6-8Distance: 1.9 mi
- 9/10Elk Grove High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- District: 59
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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