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Northbrook Acre Lot Opportunity
For Sale
$499,000
Pending

535 Fairway Lane, Northbrook, IL 60062

Acre lot with foundation ready for new construction.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market350

Property Features for 535 Fairway Lane

General Information

Standard status Pending
Lot size 1.00 Acre
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $13,209

Amenities

Asphalt
Listing Agency: COMPASS
Listed By: GEOFF BROWN
Source: Corcoran
Added: Sep 12, 2025 Changed: Aug 8 Last Checked: Aug 8 at 12:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS

Investment Insights

Based on property information with market context.

This 1-acre lot in Northbrook, situated just north of Dundee and east of Lee Rd, presents an opportunity for new construction in a neighborhood characterized by high-end renovations and privacy. The existing house has been gutted and remediated due to a fire. The foundation has been poured for the addition, and the property is ready to be completed by a new owner. Architectural plans have been created and permits have been secured with Northbrook. Architectural plans, permits, builder/contractor estimates, and renderings will be provided to the buyer.

Key Highlights

  • 1‑acre lot in prime Northbrook location, surrounded by high‑end renovations and new construction.
  • Foundation for addition is already poured, saving you time and money.
  • Architectural plans and permits already secured with Northbrook, streamlining the building process.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Hair Salon Law Firm Spa & Massage Center Nail Salon Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby

Demographics for 60062, IL

42,751
Population
17,892
Households
2.4
Avg Household Size
48
Median Age
71%
College-Educated
96%
High-School Grad
18.9 sq mi
ZIP Area
2,262
Density / Sq Mi
$142,759
Median Household Income
$77,188
Median Earnings
$1,921
Median Rent
$625,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Acre lot with foundation ready for new construction.
Where is this residential land & home lot located?
The property is located at 535 Fairway Lane Northbrook, IL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1‑acre lot in prime Northbrook location, surrounded by high‑end renovations and new construction.; Foundation for addition is already poured, saving you time and money.; Architectural plans and permits already secured with Northbrook, streamlining the building process.
More about this property
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