For Sale
$5,500,000

3890 Salem Lk Dr Long Grove, IL 60047

Prime Long Grove Office Land, Redevelopment Potential

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
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
Office properties, 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

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FAQs

What type of property is this?
Office property - Prime Long Grove Office Land, Redevelopment Potential
Where is the office property located?
The property is located at 3890 Salem Lk Dr Long Grove, IL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Redevelopment opportunity available.; Suitable for resort, senior housing, religious facility, single-family homes, or medical office development.; Lakefront property overlooking Salem Lake.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Anne Dempsey
Anne Dempsey
Kate Dempsey
Kate Dempsey
Visit Broker Website

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Useful Information

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Salem Lk Dr
Long Grove, IL 60047

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Salem Lk Dr
Long Grove, IL 60047

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

3890 Salem Lk Dr
  • Anne Dempsey
    Anne Dempsey
  • Kate Dempsey
    Kate Dempsey
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