Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3980 Il Rte 22 Long Grove, IL 60047-5317

    • Commercial real estate
    • 1.98 lot acres
    OFF-MARKET
    Value Estimation
    $555,000
    Location Intelligence
    Property ID
    US28-2718961
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3980 Il Rte 22

    Lot size
    1.98 lot acres
    Property type
    Commercial real estate
    APN
    14-13-304-012
    APU
    1413304012

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Long Grove
    County
    Lake
    State
    Illinois
    Longitude
    -88.0196
    Latitude
    42.1977
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $36,860
    $213,237
    $172,187
    $385,424
    -
    $639,775
    $516,613
    $1,156,388

    Comparable in this City

    • Value Estimation by Request
      10.21 Acres

      733 Il Rte 22

      COMMERCIAL (GENERAL) • 10.21 Acres
      733 Il Rte 22, Lake Zurich, IL 60047-2552
      View Details
    • Value Estimation by Request
      0.25 Acres

      245 Rand Rd

      COMMERCIAL (GENERAL) • 0.25 Acres
      245 Rand Rd, Lake Zurich, IL 60047-2278
      View Details
    • Value Estimation by Request
      0.24 Acres

      430 Robert Parker Coffin Rd

      COMMERCIAL (GENERAL) • 0.24 Acres
      430 Robert Parker Coffin Rd, Long Grove, IL 60047-9515
      View Details
    • Value Estimation by Request
      0.22 Acres

      421 Robert Parker Coffin Rd

      COMMERCIAL (GENERAL) • 0.22 Acres
      421 Robert Parker Coffin Rd, Long Grove, IL 60047-9619
      View Details
    • Value Estimation by Request
      1.00 Acre

      130 Old Mchenry Rd

      COMMERCIAL (GENERAL) • 1.00 Acre
      130 Old Mchenry Rd, Long Grove, IL 60047-8877
      View Details
    • Value Estimation by Request
      0.48 Acres

      209 Robert Parker Coffin Rd

      COMMERCIAL (GENERAL) • 0.48 Acres
      209 Robert Parker Coffin Rd, Long Grove, IL 60047-9616
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.59 Acres

      Lake Zurich Commercial Land Opportunity

      High-visibility corner lot, build-to-suit potential.
      520 Main St, Lake Zurich, IL 60047
      View Details
    • $1,500,000
      1.45 Acres

      Lake Zurich Retail Redevelopment Opportunity

      1.45-acre prime retail land, high traffic
      898 Rand Rd, Lake Zurich, IL 60047
      View Details
    • Contact for pricing
      1.00 Acre

      Lake Zurich Commercial Land Opportunity

      Four Acres, Divisible, Prime Location
      135-155 Old Rand Rd, Lake Zurich, IL 60047
      View Details
    • $699,000
      6.30 Acres

      6.3 Acres Commercial Land, Long Grove

      Prime Commercial Land, Office/Research Zoning
      0 Fremont Way, Buffalo Grove, IL 60047
      View Details
    • Contact for pricing
      7.33 Acres

      Lake Zurich Commercial Land - 7.33 Acres

      Prime Lake Zurich location, ideal for development.
      225 Rand Rd, Lake Zurich, IL 60047
      View Details
    • $249,900
      3.10 Acres

      Expansive Land Parcel in Long Grove

      Large lot with mature trees, pond backing, Stevenson schools.
      4594 Patricia Dr, Long Grove, IL 60047
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      14,130 SF

      Lake Zurich Office Building

      Three-story office building with ample parking.
      715 Ela Rd, Lake Zurich, IL 60047
      View Details
    • $16 SF/Yr
      9,680 SF

      Lake Zurich Retail Space Available

      High-traffic retail space, 1,600 sq ft
      890 Rand Rd, Lake Zurich, IL 60047
      View Details
    • Contact for pricing

      Lake Zurich Office Space Available

      Single office spaces for rent in downtown Lake Zurich.
      83 W Main St, Lake Zurich, IL 60047
      View Details
    • Contact for pricing
      2,500 SF

      Lake Zurich Retail Space Available

      Retail space in a major Lake Zurich retail hub.
      479 Ela Rd, Lake Zurich, IL 60047
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space available for rent in Lake Zurich, Illinois.
      203 S Rand Rd, Lake Zurich, IL 60047
      View Details
    • $18 SF/Yr

      Hawthorn Woods Office Space Available

      1100 SF office space available for rent.
      70 Landover Pkwy, Hawthorn Woods, IL 60047
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3980 Il Rte 22
    Long Grove, IL 60047-5317
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.