Back 164 Ludeka Place
Off Market

164 Ludeka Place

Elgin IL 60123

Land
Last sold for $140,000
Michael Angelo HerreraMichael Angelo Herrera, last sold this property on 01 September 2026 after 1228 days on market.

Overview

Vacant development parcel located in Elgin's Central TIF District and Redevelopment Zone. Sloped site adjacent to railroad tracks and within walking distance to downtown Elgin. Zoned within Downtown District with potential for multifamily development and cannabis dispensing use. Great investment opportunity. Zoned CC2

Features

Land

Estimated Value

Based on this property and similar land plots sold in Elgin over the last 12 months, the estimated median property value of 164 Ludeka Place is $75k.

Median value
$75k
Estimated value range
$35k - $240k
Median days on market
334
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Elgin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 164 Ludeka Place

2026
Sold
$140,000
01 Sep 2026 by Michael Angelo Herrera, of Baird & Warner Fox Valley - Geneva

Happy sellers in Elgin

96%
96% of sellers in Elgin reported that their sale price either exceeded or met their price expectations.

Elgin stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Elgin over the last 12 months.

Local market activity for land plots in Elgin

In the last 12 months, 4 land plots similar to 164 Ludeka Place, have been sold.

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