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Land · Elk Grove Village, IL
$600,000
beds · baths
401 King Street, Elk Grove Village, IL, 60007
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

0.49-acre lot
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.
— the listing agent’s description

The home

0.49-acre lot
Land

What it’ll cost

$5,333 taxes / yr
No HOA
12 days on dwello

Estimated monthly payment

$3,809/mo
Principal & interest$3,190
Property taxes$444
Homeowners insurance$175
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Estimate only — not a loan offer. Example rate; taxes and insurance estimated; your actual rate, payment, taxes, and insurance will vary. dwello is not a lender. Equal Housing Opportunity.
Tour it with a real dwello agent
The agent who meets you here is an actual dwello Home Group team member who knows these streets — not a stranger who bought your name from a portal. You get straight answers on the spot, and the same person stays with you through closing.
On our team, vettedYour info is never soldWith you through closing

Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
Schedule a tour
12 days on dwello
Price history
Listed for sale
Apr 16, 2026
$600,000
Property taxes
2025
Annual tax bill (MLS)
$5,333/yr
Assessed value
2025
County assessor
$37,150
2024
$21,001
2023
$21,001
2022
$21,001
2021
$21,001
2020
$21,001
2019
$21,001
2018
$17,233
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Kinga Korpacz · Exit Realty Redefined
Listing last updated Apr 27, 2026 · data refreshed from the MLS Jun 17, 2026, 6:13 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:13 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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