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Land · Elgin, IL
$35,000
beds · baths
Lot 3 Russell Street, Elgin, IL, 60120
A brick-and-mortar place to make your own — room to make it home.
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What’s special

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.
— the listing agent’s description

The home

Lot 66X125X66X125
Land

What it’ll cost

$724 taxes / yr
No HOA
7 days on dwello

Estimated monthly payment

$256/mo
Principal & interest$186
Property taxes$60
Homeowners insurance$10
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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7 days on dwello
Price history
Listed for sale
Jun 8, 2026
$35,000
Property taxes
2025
Annual tax bill (MLS)
$724/yr
From county records — verify with the assessor.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Christopher Davis · Inspire Realty Group LLC
Listing last updated Jun 14, 2026 · data refreshed from the MLS Jun 17, 2026, 6:28 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:28 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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