For Sale403d on market
5107 N Arlington Heights Rd
Long Grove, IL, 60047 • 60047 • Lake County
$1,750,000
-$650,000 since Feb 3, 2026
2.4 acLot
This home is getting attention
Listed 403 days ago · 213 views
Market activity
Demand and pricing signals for this listing
213 views
People checking out this listing
403 days on market
Established listing
About this home
Lot
Attention Developers!! Great 2.35-acre residential lot for sale, Exceptional Location, Outstanding opportunity. The lot is 102,352.03 SQ FT, R2 Zoning, 164.4 SQ FT of Arlington Heights Road, Many mature trees, beautifully wooded. Put up your dream home or redevelop with a zoning change, Leave as is or build new, just south of the intersection of Arlington Heights Road and Thompson Blvd, Just north of Route 83. Directly across from the Montessori World of Discovery school and Jaycee's Bicentennial Park and Adjacent to the Life on the Vine. The lot currently has a single-family home and several small garages, Use your own builder. Located on quiet street, Close to Schools, Parks, Shopping, Retail, Grocery, Restaurant's. Price is Negotiable, Please call Listing broker for all showings, Do not walk the property without the listing broker,
Estimated monthly payment
Based on current rates
$11,414/month
Principal & Interest$9,080
Property Tax$1,750
Insurance$583
Down payment20% ($350,000)
3%50%
Est. 6.75% rate · 30yr fixed · $1,400,000 loan
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At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Parking & Outdoor
ParkingGravel
Lot2.35 Acres
Location & Tax
Neighborhood60047
ZoningSINGL
Annual tax$12,078
Parcel1530203007
Features & details
2 categories of property features
Exterior Features
Parking
Gravel
Utilities
Electric to Site
Natural Gas Available
Sewer Connected
Water Available
Listing insights
Market data and value estimates
StatusFor Sale
Days on market403
Tax rate2.60%
On marketMar 2, 2025
PostedMar 2, 2025
MLS statusActive
MLS updatedFeb 8, 2026
Tour days6
Views213
How are the schools in Long Grove?
3 schools rated nearby
Location
Long Grove, IL, 60047
Price history
3 events
DateEventPrice$/sqftSource
Feb 3, 2026Price Change$1,750,000—MRED as distributed by MLS GRID
Mar 2, 2025Price Change$2,400,000—MRED as distributed by MLS GRID
Sep 13, 2024Listed For Sale$3,100,000—MRED as distributed by MLS GRID
Price Change$1,750,000
Feb 3, 2026•MRED as distributed by MLS GRID
Price Change$2,400,000
Mar 2, 2025•MRED as distributed by MLS GRID
Listed For Sale$3,100,000
Sep 13, 2024•MRED as distributed by MLS GRID
Tax history
22 years of records
YearTax paidAssessed value
Apr 10, 2023$11,854$144,287
Apr 10, 2022$12,078$136,145
Apr 10, 2021$11,667$135,616
Apr 10, 2020$11,406$134,611
Apr 10, 2019$11,112$134,115
Apr 10, 2018$10,021$128,559
Apr 10, 2017$10,021$125,558
Apr 10, 2016$9,393$120,231
Apr 10, 2015$10,352$112,439
Apr 10, 2014$10,181$114,431
Apr 10, 2012$10,077$114,660
Apr 10, 2011$9,883$126,632
Apr 10, 2010$9,720$136,932
Apr 10, 2009$9,479$144,520
Apr 10, 2008$9,742$150,491
Apr 10, 2006$9,233$144,467
Apr 10, 2005$9,080—
Apr 10, 2004$8,433—
Apr 10, 2003$7,388—
Apr 10, 2002$6,856—
Apr 10, 2001$6,484$100,844
Apr 10, 2000$6,005$94,286
Nearby homes
Neighborhood details
Local context around this listing
Long Grove, IL • Lake County
Nearby cities
AntiochBuffalo GroveGurneeHighland ParkLibertyvilleMundeleinRound Lake BeachVernon Hills
Nearby zip codes
6004760049
Similar homes
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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