0 Fremont WayBuffalo Grove, IL 60047

For Sale
$699,000

Prime Commercial Land, Office/Research Zoning

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • 6.3-acre commercial land parcel in Long Grove, IL.
  • Located at 0 Fremont Way (APN 15-30-400-249), at the southwest corner of Route 53 and Fremont Way, west of Route 83.
  • Office/Research zoning, with Village open to Medical, Office, and Retail uses.
  • Wooded lot with wetland views; 2013 wetland delineation study available.
  • Priced at $699,000 ($110,952/acre).

Property Details for 0 Fremont Way

Property type
Other land, Land
Lot Size (sq. ft)
274,428 SF

Location Insight

City
Buffalo Grove
County
Lake
State
Illinois
Latitude
42.1726457
Longitude
-87.9877001
Fremont Way, Buffalo Grove, Illinois

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0 Fremont Way
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