28 Ac Long Grove Residential Development Site

$3,100,000

24150 Gilmer Road, Long Grove, IL 60447

For Sale

Land Residential

Active

Last Updated: 02/17/2025

Details:

Lot Area: 28.5 acres

Zoning: The parcel is zoned R-2 by the village of Long Grove.

Offered by

Mark Goodwin

Owner

Goodwin & Associates

#471.003664

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Highlights:

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.
Excellent marketing window for this parcel due to it's location on busy Gilmer road and N. Krueger road
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
The investment needed for this parcel is $3,847,500 or $135,000 per acre.

Description:

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.