415 Russell StreetElgin, IL 60120

Description

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 #12671790, 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.

Property Information

Property type

Land

Lot dimensions

66X125X66X125

Ownership

Fee Simple

Days on market

159

MLS^® Listing#

12671851

Property Features

Financial Details

Annual taxes

$724Tax year 2025

Parcel number

0624408004

Directions

St Charles St. West onto Russell St. all the way to the deed end of Russell