106 Old Elm Road, Lindenhurst, IL 60046
Local realty services provided by:CENTURY 21 North East
106 Old Elm Road,Lindenhurst, IL 60046
$279,000
- 3.3 Acres
- Lots / Land
- Active
Listed by: benjamin lovinger
Office: baird & warner
MLS#:12674820
Source:MLSNI
Price summary
- Price:$279,000
About this home
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 local housing needs. Situated among established residential neighborhoods, the site benefits from existing utilities, convenient access to shopping, dining, employment centers, and major transportation routes. Residents will enjoy proximity to Lakes Community High School, a district recognized throughout the region for its educational offerings and community support. Lindenhurst continues to attract residents seeking an exceptional quality of life, supported by a highly regarded Park District, numerous community parks, recreation programs, and year-round events. The property is also located near the Chain O'Lakes recreational area, Hastings Lake, and thousands of acres of Lake County Forest Preserves offering boating, fishing, hiking, biking, and outdoor recreation opportunities that enhance long-term residential demand. As one of the last remaining multifamily development sites within the Village, this property offers a unique combination of zoning entitlement, location, and market demand. Whether developed as a 24-unit apartment community or another permitted residential product, the site represents a rare opportunity to add much-needed housing in a desirable Lake County location with strong demographic and economic drivers....
Contact an agent
Home facts
- Listing ID #:12674820
- Updated:September 14, 2026 at 11:13 AM
Structure and exterior
- Lot area:3.3 Acres
Schools
- High school:Lakes Community High School
- Middle school:Joseph J Pleviak Elementary Scho
- Elementary school:B J Hooper Elementary School
Finances and disclosures
- Price:$279,000
- Tax amount:$2,257 (2025)
Copyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Nate BrownNew listings near 106 Old Elm Road
- New
$578,000Active3 beds 4 baths2,747 sq. ft.2920 Farmington Drive, Lindenhurst, IL 60046
MLS# 12754023Listed by: ILLINOIS DISCOUNT REALTY - New
$339,000Active3 beds 2 baths925 sq. ft.2321 Carriage Lane, Lindenhurst, IL 60046
MLS# 12756968Listed by: RE/MAX ADVANTAGE - New
$530,000Active3 beds 3 baths2,508 sq. ft.2202 Lake Shore Drive, Lindenhurst, IL 60046
MLS# 12751317Listed by: BAIRD & WARNER - New
$465,000Active2 beds 2 baths1,688 sq. ft.2861 Briargate Drive, Lindenhurst, IL 60046
MLS# 12751979Listed by: REDFIN CORPORATION - New
$335,000Active3 beds 3 baths1,623 sq. ft.455 Rosewood Crossing, Lindenhurst, IL 60046
MLS# 12752560Listed by: AK HOMES 
$298,000Pending3 beds 1 baths1,163 sq. ft.2323 Carriage Lane, Lindenhurst, IL 60046
MLS# 12748542Listed by: RESULTS REALTY USA
$297,900Active3 beds 3 baths1,696 sq. ft.472 Heather Court #40-C2-472, Lindenhurst, IL 60046
MLS# 12747422Listed by: BAIRD & WARNER
$399,000Pending5 beds 4 baths2,576 sq. ft.831 Jefferson Drive, Lindenhurst, IL 60046
MLS# 12746074Listed by: BERKSHIRE HATHAWAY-CHICAGO
$524,900Active6 beds 3 baths2,472 sq. ft.2301 Greenbriar Lane, Lindenhurst, IL 60046
MLS# 12746131Listed by: CENTURY 21 CIRCLE
$350,000Active4 beds 2 baths2,172 sq. ft.419 Deerpath Drive, Lindenhurst, IL 60046
MLS# 12745142Listed by: EXP REALTY
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
©2026 Century 21 Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but not guaranteed accurate.