Rare opportunity to acquire a vacant commercial lot in a highly convenient Elgin location! Positioned near shopping, dining, schools, healthcare, and major transportation corridors, this property offers outstanding potential for a variety of future uses. Enjoy easy access to Route 20, I-90, Elgin Community College, local hospitals, and area high schools. According to the seller's discussions with the City of Elgin, there may be potential for rezoning to residential use; however, buyers are strongly encouraged to conduct their own due diligence and verify all zoning, permitted uses, and development possibilities with the appropriate municipal authorities prior to submitting an offer. An additional neighboring lot is also available MLS #12671851, and the seller would prefer to sell both parcels together, creating an even greater opportunity for development, investment, or future expansion. Don't miss this unique chance to secure a well-located property with exceptional potential in one of Elgin's growing corridors.
Active
$35,000
LOT 3 Russell St, Elgin, IL 60120
--beds
--baths
8,250Square Feet
Unimproved Land
Built in ----
8,250 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Vacant commercial lot
- 120 days
- 161
- 8
Zillow last checked:
Listing updated:
Listed by:
Christopher Davis 847-489-3476,
Inspire Realty Group LLC
Source: MRED as distributed by MLS GRID,MLS#: 12671790
Facts & features
Property
Features
- Frontage length: 66
Lot
- Size: 8,250 Square Feet
- Dimensions: 66X125X66X125
Details
- Parcel number: 0624408003
- Special conditions: None
Utilities & green energy
- Utilities for property: Electricity Nearby, Natural Gas Nearby, Water Nearby
Community & HOA
Location
- Region: Elgin
Financial & listing details
- Annual tax amount: $724
- Date on market: 6/8/2026
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $35,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Southeast Elgin
Nearby schools
Schools provided by the listing agent
- District: 46
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.




