3890 Salem Lk DrLong Grove, IL 60047

For Sale
$5,500,000

Prime Long Grove Office Land, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 120,000 square foot commercial property, located at 3890 Salem Lake Drive in Long Grove, Illinois, presents a unique redevelopment opportunity. Situated on a sprawling 36.728-acre lot overlooking scenic Salem Lake and nestled within the Lake County Forest Preserve, this property offers unparalleled beauty and potential. The existing office building provides a solid foundation for various ventures. The property's zoning, designated R1 & O, allows for a wide range of possibilities, including the development of a resort, senior housing community, religious facility, single-family homes, or a medical office building. The asking price is $5,500,000. The property's prime location in Long Grove, IL, zip code 60047, offers easy access to major transportation routes and amenities. The Assessor's Parcel Numbers (APN) are 14-23-200-037

Highlights

  • Redevelopment opportunity available.
  • Suitable for resort, senior housing, religious facility, single-family homes, or medical office development.
  • Lakefront property overlooking Salem Lake.
  • Adjacent to Lake County Forest Preserve.

Property Details for 3890 Salem Lk Dr

Property type
Other office properties, Other land
Square Feet
120,000 SF
Lot Size (sq. ft)
1,599,872 SF

Location Insight

City
Long Grove
County
Lake
State
Illinois
Latitude
42.1868105
Longitude
-88.0238191
3890 Salem Lk Dr, Long Grove, Illinois

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3890 Salem Lk Dr
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