0 Fremont Way - Development Opportunity - Medical / Office 6.29 Acres of Commercial Land Offered at $675,000 in Long Grove, IL 60047

INVESTMENT HIGHLIGHTS

  • Located at lighted intersection
  • Many new dining entertainment option in downtown
  • Just south of Harbor Chase Senior Living Community
  • Low Lake County taxes
  • Excellent visibility and frontage

EXECUTIVE SUMMARY

We are excited to present an exceptional opportunity to establish a presence in one of the most desirable locations on Chicago’s North Shore. Located at 0 Fremont Way, Long Grove, IL, this proposed development envisions two state-of-the-art, 10,000 + square-foot, single-story medical office buildings on a 6.3-acre site, strategically designed to serve the growing healthcare needs of the surrounding community and beyond.
Long Grove, a charming village renowned for its natural beauty and suburban appeal, offers a peaceful, yet accessible location for medical practices. Situated just off major highways and within easy reach of Lake County's highly educated and affluent population, the site offers unparalleled visibility and convenience. With close proximity to downtown Chicago and key residential areas, this location provides direct access to a broad and diverse patient base while maintaining the calm and privacy required for healthcare settings.
The expansive 6.3-acre (3 acres buildable) site provides ample space for parking and future expansion, offering flexibility and scalability for potential tenants. The large, easily accessible lot ensures that patients and staff alike will enjoy a hassle-free experience when visiting the complex.

ATTACHMENTS

Brochure 2-25

PROPERTY FACTS

Price $675,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Hold For Development
  • Medical
Total Lot Size 6.29 AC
Zoning Office / Research - Zoned O&R (office and research), which allows the following uses: (A) Medical (B) Offices for executive or administrative (C) Training Centers

1 LOT AVAILABLE

Lot

Price $675,000
Price Per AC $107,313.20
Lot Size 6.29 AC

Secluded wooded lot with tranquil wetland views. Wetland delineation completed 2013. Currently zoned Office/Research. Village open to medical, office, retail. Southwest corner of Route 53 and Fremont Way. Just west of Route 83.

DESCRIPTION

Long Grove is a tight-knit community that values quality of life and accessibility. This development would enhance the health and wellness of the area by providing top-tier medical / office space within walking distance to residential areas and other essential services. The tranquil suburban setting makes it an ideal location for medical practices focused on patient care and community well-being.

PROPERTY TAXES

  • Listing ID: 31127791

  • Date on Market: 3/5/2024

  • Last Updated:

  • Address: 0 Fremont Way, Long Grove, IL 60047