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Active - Land for sale

Elgin, IL

Facts & features

Land Property type
158 days on Beycome

Why you’ll love it

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.

Translating description...

Listings courtesy of Inspire Realty Group LLC as distributed by MLS GRID.

Listed by: Christopher Davis • Inspire Realty Group LLC

Co-listed by: Inspire Realty Group LLC

Source: MRED as distributed by MLS GRID, MLS#: 12671851 MRED as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 10:33 AM EST.

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Affordability

$25,000$45,000
1%20%
0%90%
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Estimated monthly payment

$237/mo

  • Mortgage$177
  • Property tax$60
  • HOA fee
  • Homeowners insurance
Due at closing$27,825
Down payment held in escrow$7,000
Closing costs$525
beycome credit Est.$700

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Elgin

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 13, 2026 at 10:33am EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$35,000 Listed price

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$700 Credit back

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