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.
Vacant landProperty Type
Listed by Christopher Davis• Inspire Realty Group LLC
Southeast Elgin, located between the Fox River and I-90, is a residential and industrial Elgin neighborhood with riverfront green space and rail-side corridors. Around the intersection of E Chicago St and S Grove Ave, taquerias, corner markets, and long-running storefronts set a busy, everyday rhythm. Housing ranges from early-20th-century cottages and brick two-flats to mid-century ranches on gridded streets. The Fox River Trail and nearby parks shape a walk-and-roll routine along the water. Lords Park’s zoo and pavilions add a classic Elgin weekend backdrop. Cultural anchors like the Hemmens Cultural Center and Elgin Symphony Orchestra connect the area to downtown’s arts calendar.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
No buildings on the land
Exterior features
Lot dimensions approximately 66 x 125 x 66 x 125
Frontage on a city street (66 ft)
Asphalt road access
Home design
Land parcel (fee simple ownership)
Construction
Parcel number 0624408004
Utilities
Electricity nearby
Natural gas nearby
Water nearby
Storm sewer
Financial info
Annual property tax approximately $724 (2025)
No special service area
Other
Possession at closing
Earnest money is held by listing broker
Electricity and solar
View estimated energy costs and solar savings for this home