Property profile

21560 Long Grove Rd Lake Zurich, IL 60047

OFF-MARKET
Land
30 ac lot
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Property summary

AI-generated overview

This exceptional 30-acre ranch property, located at 21560 W Long Grove Rd, Kildeer, IL 60047, presents a significant development opportunity. Situated in unincorporated Kildeer, Lake County, this land parcel (APN 14-34-100-048) boasts a prime location across from Deer Park Town Center, a prominent lifestyle shopping center in Chicago's northwest suburbs. The property's current proposal envisions retail development along Rand Road, complemented by residential use in the rear. This strategic positioning offers excellent access to high-end retail and major transportation corridors. High traffic counts are a key advantage, with 42,600 vehicles daily on Rand Road (Rt 12) and 3,750 vehicles daily on W Long Grove Rd. The property falls within the highly regarded Lake Zurich Community Unit School District 95, adding to its appeal. This substantial land parcel offers developers a unique chance to create a thriving mixed-use or residential project in a highly desirable location. Further information is available upon request.

Property profile

Verified
Property type Land
Lot 30 ac (1,306,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company

Location

21560 Long Grove Rd Lake Zurich, IL 60047
Lake Zurich metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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