3 years on rocket

003 S St, Elgin, IL, 60124

$600,000

8.40 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #10963672
Lot Size8.40 Acres
StatusActive

About 003 S St

8.0 Acre potential Multi-family zoned lot located in 301 school district. This lot is has preliminary approval from the City and will have all City services. This lot has immediate access off of South St.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Horizon
  • Office Phone: (847) 931-7500
  • Listing Agent: Ben Henrikson

Lot Features

Lot Information:

  • Lot Size: 8.40 Acres

Other

Directions Information:

  • Directions: Randall Road to South St. W. to Prairie Shore Dr. (new street to be built just West of the Target Shopping Center South entrance on the South side of the street). This lot will be on the South side of South St., just West of the new street (Prairie Shore Dr.).

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000
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Housing Market Comparison

See how this home compares to others in Elgin, IL.

Med. Sold Price

$329.9K

Med. Price/SqFt

$187

Avg. Days On Market

22

# of Sold Homes

96

003 S St vs Elgin

1428 DAYS ON ROCKET

+1406 Days

$600,000

+$270K More

KEY TAKEAWAY

This property is $270K more than the Median Sold Price in Elgin, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #10963672

Listing Office:

  • Office Name: RE/MAX Horizon
  • Office Phone: (847) 931-7500
  • Listing Agent: Ben Henrikson

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-21938
4
/10
  • Washington Elementary School

  • 819 W Chicago St

  • 0.54 miles

  • Public District Grades KG-6

school-card-donut-21939
3
/10
  • Lowrie Elementary School

  • 264 Oak St

  • 0.62 miles

  • Public District Grades KG-6

school-card-donut-21940
2
/10
  • Channing Elementary School

  • 63 S Channing St

  • 0.78 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,895. The most common annual income of people living in Elgin, IL is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Elgin, IL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Elgin, IL?

Elgin offers a diverse housing market with a blend of historical and contemporary architectural styles. The housing landscape features a selection of single-family homes, which are prevalent, alongside a mix of apartments and townhouses that cater to various preferences. The architectural styles range from Victorian and Colonial to modern constructions, with a significant portion of homes built in the late 20th century. The homeownership rate in Elgin is robust, with a substantial majority of residents owning their homes, while a smaller percentage are renters.

Is Elgin, IL a good place to live?

Elgin is celebrated for its rich cultural heritage and community spirit. The city prides itself on its vibrant downtown area, which serves as a hub for local events and festivals that reflect the community's diverse cultural identity. The presence of historical buildings and landmarks contributes to the unique character of Elgin, offering residents and visitors a glimpse into the city's storied past.

Are things conveniently located in Elgin, IL?

The community benefits from a solid educational system, with numerous public and private schools providing a range of educational opportunities. Elgin is home to several healthcare facilities, offering services that include urgent care, primary care, and specialized medical treatments. The city also features a network of public libraries and a variety of retail and dining options that showcase the local culture. City initiatives are in place to continually improve services to meet the evolving needs of Elgin's diverse population.

What does the transportation in Elgin, IL look like?

Elgin's transport infrastructure includes a variety of options for both private and public transit. The city's road network facilitates easy commuting and travel, with access to major highways. Public transportation services are available, with schedules designed to accommodate the needs of residents. The community also features areas with high walkability, and there are initiatives to enhance bikeability across the city. Ride-sharing services are present, providing additional transportation options for the community.

Frequently Asked Questions About 003 S St

What is the listing price of this property?

The listing price of 003 S St property is $600,000.

What type of property is this?

The property 003 S St is land located in Elgin, Illinois, 60124.

Is this property for sale now?

Active Listing: 003 S St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 003 S St is 8.40 acres.
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Rocket HomesIllinoisKane CountyElgin60124003 S St

This home is located at 003 S St in Elgin, IL and zip code 60124. This home sits on a 8.40 acre lot. It has been listed on Rocket Homes since January 06, 2021 and is currently priced at $600,000.

While more than 35 listings in Elgin, IL in November 2024 were sold above asking price, there were more than 23 listings sold at asking price, and more than 38 were sold below. The number of homes for sale in Elgin, IL increased by 1.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 22 days, the median list price was $329,950.

From Rocket Homes Real Estate and based on county public records data.

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