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$600,000

  • For Sale
  • Active
  • Lots/Land
  • 0.49 Acres
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Rare opportunity to own a nearly 0.5-acre lot in a prime location! Zoned I-1 (Light Industrial) and ideally situated within a commercial district, this property offers excellent flexibility for a variety of permitted uses. The lot is ready to build, making it a perfect opportunity for investors, developers, or business owners looking to establish or expand their operations. Offering great visibility and accessibility, ideal for a wide range of industrial or commercial uses. Bring your vision and take advantage of this versatile property in a highly desirable location.

Full Property Details for 401 King St

General

  • Price: $600,000
  • Taxes: $5,333 (2023)
  • Status: Active
  • Type: Lots/Land
  • Source: MRED
  • MLS ID: 12620935
  • Updated: 5/5/2026
  • Added to Site: 36 day(s) ago

Location

  • Area: Elk Grove Village
  • County: Cook
  • Township: Elk Grove
  • Driving Directions: from E. Higgins Rd turn (north) onto King St. Property is located on the right at 401 King St. Corner lot

School Information

  • School District: 59
  • Elem School District: 59
  • Midd School District: 59
  • High School District: 214

Utilities

  • Water: Municipal Water
  • Onsite: Electricity Nearby, Natural Gas Nearby, Water Nearby

Structural Information

  • Square Feet: 0.49

Lot Features

  • Lot Size (Acres): 0.49
  • Lot Size (Sq. Ft.): 21,531
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 100 x 210
  • Frontage: City Street
  • Frontage Feet: 100
  • Street/Road Desc.: Gravel
  • Zoning: INDUS

Financial Considerations

  • Tax Amount: $5,333
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 8221022370000

Listed by Exit Realty Redefined

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— 401 King St —

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(773) 250-7410

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 401 King St

School Districts:Community Consolidated School District 59, Township High School District 214
NameGradesDistance
Rupley Elementary School
305 Oakton Street, Elk Grove Village, IL 60007
K-50.9 mi
Grove Jr High School
777 West Elk Grove Boulevard, Elk Grove Village, IL 60007
6-81.9 mi
Elk Grove High School
500 West Elk Grove Boulevard, Elk Grove Village, IL 60007
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 401 King St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/16/2026
Listed
$600,000
50.75%
MLS
10/20/2022
Sold
$398,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 401 King St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,333
—
$37,150
77%
2023
$5,333
4%
$21,001
—
2022
$5,131
-12%
$21,001
—
2021
$5,830
4%
$21,001
—
2020
$5,616
10%
$21,001
—
2019
$5,113
8%
$21,001
22%
2018
$4,727
-8%
$17,233
—
2017
$5,159
-45%
$17,233
-53%
2016
$9,381
-7%
$36,871
-2%
2015
$10,089
1%
$37,676
—
2014
$9,950
2%
$37,676
—
2013
$9,725
11%
$37,676
—
2012
$8,768
—
$37,676
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Jill McKee

401 King Street, Elk Grove Village, IL 60007 (MLS# 12620935) is a Lots/Land property with a lot size of 0.49 acres. 401 King Street is currently listed for $600,000 and was received on April 16, 2026. Want to learn more about 401 King Street? Do you have questions about finding other Lots/Land real estate for sale in Elk Grove Village? You can browse all Elk Grove Village real estate or contact a Coldwell Banker agent to request more information.

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