Long Grove, IL Apartment Buildings for Sale

Lake Zurich Mixed-Use Redevelopment Opportunity

$1,400,000

1 SF

Lake Zurich Mixed-Use Redevelopment Opportunity

898 S Rand Rd, Long Grove, IL 60047

Mixed-use building with redevelopment potential in high-traffic Lake Zurich corridor.

Prime redevelopment opportunity with approximately one acre of undeveloped land.
Existing mixed‑use building generates $100,800 in annual rental income with 90% occupancy and potential for rent increases.
Located on high‑traffic Route 12 with 37,000+ vehicles passing daily, ensuring high visibility.
Zoned B‑3 (Regional Shopping District) allowing for flexible commercial or mixed‑use development.
Strong demographics: Over 9,100 residents within a one‑mile radius with an average household income exceeding $180,000.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Long Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

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Long Grove, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 1 apartment buildings for sale in Long Grove, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,400,000.

Prices for two-family homes in Long Grove, IL start at $1,400,000, averaging $1,400,000, and reaching up to $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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Long Grove, IL Apartment Buildings for Sale

Lake Zurich Mixed-Use Redevelopment Opportunity

Mixed-use building with redevelopment potential in high-traffic Lake Zurich corridor.