Fremont Way Buffalo Grove, IL 60047
- Land
- 6.30 lot acres
Current Use by Public Records
- Land
Property Details for 0 Fremont Way
- Lot size
- 6.30 lot acres
- Property type
- Land
Description
This exceptional 6.3-acre commercial land parcel presents a unique investment opportunity in the desirable Long Grove, Illinois area. Located at 0 Fremont Way, APN 15-30-400-249, this property boasts a strategic location at the southwest corner of Route 53 and Fremont Way, just west of Route 83, offering excellent visibility and accessibility. Currently zoned for Office/Research use, the property's zoning allows for a variety of development options. The Village of Long Grove is open to considering proposals for Medical, Office, and Retail uses, providing flexibility for potential buyers. The land itself is a secluded wooded lot, providing a tranquil setting with wetland views. A wetland delineation study was completed in 2013, providing valuable information for future development plans. Offered at $699,000, this translates to $110,952 per acre, representing a compelling value for this prime commercial land in a thriving location. The property's size and zoning make it ideal for a variety of commercial developments, catering to the needs of a growing community. This is a rare opportunity to acquire a significant land parcel in a highly sought-after area. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Buffalo Grove
- County
- Lake
- State
- Illinois
- Longitude
- -87.9877
- Latitude
- 42.1726
