106 Old Elm Road
Lindenhurst, IL 60046
3.27Acres(Lot)
Exceptional multifamily development opportunity in the heart of Lindenhurst. Offered together, 104, 106, and 108 Old Elm Road represent one of the few remaining infill development sites in the Village zoned R-3, allowing for higher-density residential development in an established neighborhood setting. With housing demand continuing to outpace supply throughout Lake County, this approximately 3-acre site presents a rare opportunity to develop a proposed 24-unit multifamily community in a market with strong fundamentals, limited new inventory, and increasing demand for quality rental housing. The property's zoning, location, and surrounding infrastructure position it as a compelling investment for developers seeking a project with significant upside and a straightforward path to meeting loc
Property Details
Map
Map
Features
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Lot Information
Lot Dimensions: 120x124x300x289 Lot Acres: 3.3 Lot Size: 3.0-3.99 AcresProperty Information
Property Type: Land Sub Type: Land
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Listing Price Information
Original List Price:$279000
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Tax Information
Annual Tax: $2257.04 Tax Year: 2025 Parcel Number: 06021050360000 Tax Exemption: None
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School Information
Elementary School: B J Hooper Elementary School Junior High School: Joseph J Pleviak Elementary Scho Senior High School: Lakes Community High School -
Utility Information
Electric to Site, Natural Gas Available, Sewer Connected, Water Available -
Location Information
City: Lindenhurst Direction: From the intersection of Grand Avenue and Lindenhurst Drive, go North on Lindenhurst Drive to Old Elm Road. At intersection go left on Old Elm Road to address on left.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 19151 W Grand Avenue, Lindenhurst, IL, 60046 | $4,100,000 | -- | -- | -- | 10.40 Acres(Lot) |
| 36225 N Hwy. 45, Lindenhurst, IL, 60046 | $6,500,000 | -- | -- | -- | 18.60 Acres(Lot) |
| 1055 E Grand Avenue, Lindenhurst, IL, 60046 | $3,800,000 | -- | -- | -- | 18.94 Acres(Lot) |
| 40 Us Highway 45 Highway, Lindenhurst, IL, 60046 | $2,999,999 | -- | -- | -- | 8.62 Acres(Lot) |
| 428 Woodland Trail, Lindenhurst, IL, 60046 | $74,900 | -- | -- | -- | 0.00 Acre(Lot) |
| 420 Woodland Trail, Lindenhurst, IL, 60046 | $74,900 | -- | -- | -- | 0.38 Acre(Lot) |
| 434 Woodland Trail, Lindenhurst, IL, 60046 | $84,900 | -- | -- | -- | 0.46 Acre(Lot) |
| 433 Woodland Trail, Lindenhurst, IL, 60046 | $89,900 | -- | -- | -- | 0.59 Acre(Lot) |
| 405 Woodland Trail, Lindenhurst, IL, 60046 | $105,000 | -- | -- | -- | 0.00 Acre(Lot) |
| 1896 E Vista Terrace, Lindenhurst, IL, 60046 | $99,000 | -- | -- | -- | 0.32 Acre(Lot) |
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ByOwner last updated this listing 06/15/2026 @ 18:20
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