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Grant Park Home for Sale

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    $164,000

    • Land
    • 0 Acre

    164 Ludeka Place, Elgin, IL 60123

    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

    Michael Herrera Baird & Warner Fox Valley - Geneva

    164 Ludeka Place, Elgin, IL 60123

Why Live in Grant Park

Grant Park in Elgin is a vibrant neighborhood blending historic charm with urban living. The neighborhood features homes built between the 1800s and the mid-20th century. Architectural styles include Colonial Revival, ranch-style, National Folk and Minimal Traditional. The neighborhood has a mix of single-family homes and multifamily dwellings. Dining options are plentiful, with local spots like Canelitas Mexican Restaurant and ZZA Factory offering diverse menus. Downtown Elgin's dining scene is just across the Fox River. For shopping, Jewel-Osco and Elgin Fresh Market are within a 2-mile radius, and the Fox Valley Flea Market operates year-round. Recreational opportunities abound at Wing Park, which includes a historic golf course, trails, an amphitheater and an aquatic center. Grant School Park is home to the neighborhood playground and skate park. Commuters benefit from proximity to the National Street and Downtown Elgin Metra stations, which provide a 60-minute ride to downtown Chicago. PACE bus stops dot the neighborhood, and Interstate 90 is nearby for the 30-mile drive to Chicago O’Hare International Airport.

Frequently Asked Questions

Is Grant Park a good place to live?
Grant Park is a good place to live. Grant Park is considered somewhat walkable and bikeable with some transit options. Grant Park has 6 parks for recreational activities. It has a median age of 38. The average household income is $89,743 which is below the national average. College graduates make up 17.2% of residents. A majority of residents in Grant Park are home owners, with 34.9% of residents renting and 65.1% of residents owning their home. A local real estate agent serving Grant Park can help you decide if this neighborhood is the right one for you. Learn more on our Grant Park neighborhood guide.
Is Grant Park, IL a safe neighborhood?
Grant Park, IL is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Grant Park?
The median home price in Grant Park is $319,990. If you put a 20% down payment of $64,000 and had a 30-year fixed mortgage with an interest rate of 6.37%, your estimated principal and interest payment would be $1,600 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $69K a year to afford the median home price in Grant Park. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Grant Park is $90K.
What are the best public schools in Grant Park?
The best public schools that serve Grant Park are:
What are the best private schools in Grant Park?
The best private schools that serve Grant Park are:
  • The Einstein Academy has an A+ Niche grade, a student teacher ratio of 5:1 and an average review score of 4.3.
  • Elgin Academy has an A+ Niche grade, a student teacher ratio of 5:1 and an average review score of 4.3.
  • Harvest Christian Academy has an A- Niche grade, a student teacher ratio of 9:1 and an average review score of 4.4.
What are the most popular zip codes in Grant Park, Elgin, IL?
The most popular zip codes in Grant Park, Elgin, IL include 60123, 60120, 60124, 60118 and 60177.
What are the most popular neighborhoods near Grant Park, Elgin, IL?
The most popular neighborhoods near Grant Park, Elgin, IL are Near West Elgin, Northeast Elgin, Southwest Elgin, Far West Elgin and Gifford Park.

Home Trends in Grant Park, IL

Housing Trends

Median Sale Price
$318,000
Median Single Family Sale Price
$315,000
Median 2 Bedroom Sale Price
$190,500
Average Price Per Sq Ft
$193
Number of Homes for Sale
2
Last 12 months Home Sales
41
Months of Supply
0.60
Median List Price
$319,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%
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