28 Ac Long Grove Residential Development Site

Status:Active
County:Lake
Township:Ela
Address:24150 N. Gilmer Rd Long Grove IL 60447
Gross Land Area:28.5 Acres
 Hectare Conversion
Property Type:Vacant farmland with Development Potential
Possible Uses:Single Family Residential Development
Total Investment:$3,847,500
 Monetary Conversion
Unit Price:$130,000 per acre
Buildings:No Buildings
Utilities:Sewer at site, Well water required
Zoning:R-2


For more information contact:

Mark Goodwin
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com

Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.

 

** New Listing **

28 Ac Long Grove Residential Development Site
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Property Overview

Long Grove, IL is located in Lake County. This is an area of luxury homes with beautiful natural landscapes and lakes. This 28.5 acres has excellent exposure with frontage on Gilmer road and N. Krueger road. The parcel is across the street from Country Meadows Elementary School and Woodlawn Middle School. It is currently zoned R-2. The site was previously planned for a church complex. One of the few large parcels available in this market area.  
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Lake County Map

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Location Map for 28 Acre Development site in Long Grove, IL   
Location Map for 28 Acre Development site in Long Grove, IL

Aerial Map of Long Grove 28 Acre Development Site   
Aerial Map of Long Grove 28 Acre Development Site

Zoning Map for 28 acres in Long Grove, IL   
Zoning Map for 28 acres in Long Grove, IL

Aerial Map of Long Grove Development Site   
Aerial Map of Long Grove Development Site

Plat Map for 28 acres in Long Grove, Lake County, IL   
Plat Map for 28 acres in Long Grove, Lake County, IL
Plat Map reprinted with permission of Rockford Map Publishers, Inc.

One Mile Tapestry Segmentation for Long Grove, IL 28 Acres   
One Mile Tapestry Segmentation for Long Grove, IL 28 Acres

Public Works Map for the 28 Acres Development Site in Long Grove, IL   
Public Works Map for the 28 Acres Development Site in Long Grove, IL

Flood Map for 28 acres in Long Grove, IL   
Flood Map for 28 acres in Long Grove, IL

Topographical Map   
Topographical  Map

Listing Details

 

General Information

Listing Name:28 Acre Long Grove Residential Development Site
Tax ID Number/APN:14-12-400-007 (28.51 Acres)
Possible Uses:Single Family Residential Development
Zoning:The parcel is zoned R-2 by the village of Long Grove.
 

Area & Location

School District:Kildeer Countryside Community School District 96
Stevenson High School
Market Type:Affluent residential development area. The Tapestry Segmentation for this area is:
100% Affluent Estates (L1) Details are included with this information package.
Location Description:Long Grove is located in south-central Lake County Illinois. The property is approximately one mile west of Rt. 83 at the southwest corner of Gilmer road and N.Krueger road.
Site Description:Flat to gently rolling farmland with several acres of trees. It is a corner parcel in an area of a large residential homes. The parcel is south of Gilmer road across from Country Meadows Elementary School and Woodlawn Middle School.
Side of Street:South side of Gilmer road and west side of W. Kreuger road.
Highway Access:Rt. 83 approximately one mile east. I-94 at Half Day road is only 7.1 miles east.
Road Type:Asphalt streets.
Property Visibility:Excellent marketing window for this parcel due to it's location on busy Gilmer road and N. Krueger road.
Largest Nearby Street:Rt. 83 is approximately one mile east.
Interstate 94 is approximately 7 miles east.
Transportation:Prairie View Metra Station is only 3.6 miles from the 28 acre Long Grove development site. The Prairie View station is served by Metra's North Central Service Line. The stations is approximately 34.4 miles to Chicago's Union Station.
 

Land Related

Lot Frontage (Feet):1475 feet of frontage on Gilmer road.
645 feet of frontage on N. Krueger road
Buildings:No buildings on this parcel.
Flood Plain or Wetlands:Site does contain acres considered wetland.
Topography:Flat to gently rolling
Available Utilities:Lake County Public Works has trunk lines on both N. Kreuger road and Gilmer road. There is a lift station located on the north side of Gilmer road west of the school property. Buyers should contact Lake County Public Works to determine the available capacity of these sewer lines.
 

Financials

Finance Data Year:The 2017 tax year.
Real Estate Taxes:The 2017 taxes paid in 2018 were $497.
Investment Amount:The investment needed for this parcel is $3,847,500 or $130,000 per acre.
 

Location

Address:24150 N. Gilmer Rd.
Long Grove, IL 60047
Latitude:42.2135
Longitude: -88.0093
County:Lake County Illinois



MARK GOODWIN PROFESSIONAL BIOGRAPHY

It is difficult to find a real estate professional that specializes in Illinois Land Brokerage. Our services area includes Will County, Grundy County, Kendall County, LaSalle County, Kane County, Kankakee County, Livingston County, and Ford County. Illinois Land Brokerage is a very specialized segment of the real estate brokerage industry. Knowledgeable Land Brokers are difficult to find. Many agents can sell a farm, but how many have the experience and qualifications of Goodwin and Associates?

Mark Goodwin is a Illinois Land Broker who can advise you about your land asset. It takes an experienced Illinois Land Broker to understand how best to market your land asset or find the property that best fits the investors needs or desires. Goodwin and Associates is the Land Broker for you in Illinois. We can help you with the marketing of your farm, residential development land, industrial land and commercial land or help with the selection of farmland, commercial land, retail land, industrial land, residential development land, residential lots, industrial lots and commercial lots. We are here to help you reach your goals.

Mark Goodwin Illinois Land Broker
For more information about property for sale in Long Grove, Illinois (Ela Township, Lake County) contact:

Mark Goodwin - Illinois Land Broker
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com

Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.

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