Long Grove, Illinois Commercial Real Estate 0 Listings

Long Grove, Illinois: A Premier Destination for Commercial Real Estate

Introduction

Long Grove, Illinois is an appealing destination for commercial real estate investment, known for its rich history and strategic location. Though a small village, Long Grove's proximity to Chicago and its vibrant economy make it a unique and valuable hub for commercial real estate. The area thrives on a diverse economy with key industry clusters in retail, services, and light industrial sectors, positioning it as a promising locale for commercial real estate professionals.

Economic and Industry Overview

Long Grove benefits from its strategic location within the Chicago metropolitan area, providing access to a robust economic ecosystem. The village is primarily driven by retail and service industries, with a burgeoning demand for office and retail spaces. The presence of industry clusters in neighboring areas, such as technology and logistics, further enhances Long Grove's commercial real estate landscape.

Regional economic development initiatives are spearheaded by Lake County Partners, focusing on fostering business growth and enhancing infrastructure to support commercial activities.

Strategic Location and Transportation Infrastructure

Long Grove enjoys excellent connectivity through major highways including the nearby Interstate 94 and U.S. Route 45, making it an accessible location for businesses. O'Hare International Airport, located approximately 20 miles away, provides essential air links for business travelers and logistics operations.

The village's strategic location within the Chicago metropolitan area offers logistical advantages, such as access to significant labor pools and integration with regional distribution networks. The Illinois Department of Transportation offers further insights into regional transportation infrastructure here.

Commercial Real Estate Inventory & Zoning

Long Grove's commercial real estate is characterized by its charming downtown area, which offers a mix of retail, office, and service spaces. The village's zoning regulations are designed to preserve its historic character while facilitating modern commercial development.

Key asset classes include: - Retail: Focused in the downtown area, offering boutique and specialty spaces. - Office: Smaller professional offices suitable for service industries. - Industrial: Light industrial and flex spaces located in nearby industrial corridors.

For more detailed zoning information and maps, visit the Village of Long Grove's Planning and Zoning department.

Major Employers and Institutions

Long Grove's economy is primarily supported by small to medium-sized enterprises, including retail businesses and professional services. The proximity to larger employment hubs like Schaumburg and Lake Forest enhances the village's attractiveness for commercial real estate. For a comprehensive list of businesses and employers, visit the Village of Long Grove Business Directory.

Notable Commercial Developments & Projects

While Long Grove itself is a smaller market, its proximity to larger suburban developments offers opportunities for collaboration and growth. The area benefits from projects in nearby suburbs that drive demand for supporting commercial spaces. Opportunity Zones and public-private partnerships in the greater Lake County area provide additional incentives for developers.

For more information on regional planning and development projects, visit the Lake County Planning Department.

Building Permits, Planning, and Development Tools

For investors and developers looking to engage in Long Grove, essential resources include: - Village of Long Grove Building and Safety Department - Permitting Portal - Parcel Map Viewer / GIS - Planning Commission - Development Code

Market Data & Economic Reports

Public data sets provide valuable insights into Long Grove's economic and demographic trends. Resources such as Census.gov and the Illinois Open Data Portal offer comprehensive data to inform investment decisions. Brevitas leverages AI-powered aggregation from these public sources, offering enhanced insights through our proprietary dashboards.

Why Use Brevitas for Long Grove, Illinois CRE?

Brevitas empowers commercial real estate professionals with AI-driven discovery tools, real-time market alerts, and smart property pages. Our platform offers unique features such as: - Auto-generated listing pages - Email and landing page creation tools - Seamless integration with brokers and developers - Exclusive listings with premium exposure