Check Availability
$35,000
● Land - For Sale

415 Russell Street

Elgin, IL 60120
bedrooms
Studio
bathrooms
0 Bath
$233
Est. Monthly

About This Property

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.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$60
HOA Dues
-
Year Built
-

Listed By

Christopher Davis
Inspire Realty Group LLC

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Property Highlights

Exterior Details
Lot Size Dimensions: 66X125X66X125
Financial Details
Tax Annual Amount: $724
Utilities Details
Sewer : Storm Sewer

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 660
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: WM REDEKERS 2ND ADDN
  • Land Acres: 0000000189
  • Standard Land Use Code: 2000
  • County Land Use Code: 0060
  • State Land Use Code: 0060
  • Legal Description 1: WM REDEKERS 2ND ADDN LOT 6 BLOCK 1

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851500

Geography

  • Parcel: 06-24-408-004
  • Block: 1
  • Lot: 6
  • Municipality: ELGIN
  • Latitude: 42.0198
  • Longitude: -88.2698

    Address

  • Full Address: 415 Russell St
  • Address - House Number: 415
  • Address - Street Name: Russell
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: C020
  • 4-Digit Zip Code: 8341
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $62,468
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: EL703

    Market Valuation

  • Market Total Value: $21,621
  • Market Land Value: $21,621

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $7,204
  • Assessed Land Value: $7,204

    Sales

  • Current Sale Contract Date: Feb 23, 2007
  • Current Sale Recording Date: Mar 21, 2007
  • Current Sale Document Type: 42
  • Current Sale Input Document Number: 2007K032010
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southeast Elgin


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Nearby Rentals

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  • 1 Bath
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Unit for rent at 276 Morgan Street, Elgin, IL, 60123

$1,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
276 Morgan Street #1, Elgin, IL, 60123 Listing by Sharon Mennerick
Unit for rent at 371 Fulton Street, IL, 60120

$2,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,600 ft²
371 Fulton Street #2, IL, 60120 Listing by Joseph Trifilio


Frequently Asked Questions

When was property at 415 Russell Street built and last sold?
The property at 415 Russell Street was built in and last sold on Feb 23, 2007 for $0.
How much is this home worth?
The estimated value of the home located at 415 Russell Street is $35,350.
What are some comparable homes to 415 Russell Street?
There are currently no comparable homes to 415 Russell Street.