Approximately 4.73 acres of vacant land along the Route 53 corridor in desirable Ela Township near Lake Zurich, Long Grove, and Palatine this parcel presents a compelling opportunity for a custom estate residence, land investment, or future potential, subject to Lake County approvals. Located in unincorporated Lake County with conforming Agricultural (AG) zoning, an Early Assistance review has been completed, confirming development parameters for a single-family residence and providing valuable guidance for buyers. The property offers a mix of open and natural landscape, allowing flexibility in home placement while maintaining privacy and scenic surroundings. Ideally situated with direct access to Route 53 and Lake Cook Road, the location provides strong connectivity while being surrounded by estate homes, open land, and nearby amenities including Deer Park Town Center, historic downtown Long Grove, forest preserves, golf courses, and dining. Located within the highly acclaimed Stevenson High School District (125), including Kildeer Countryside Elementary and Woodlawn Middle School. With approximately 4.73 acres, this parcel offers a unique balance of location, space, and long-term potential.
— the listing agent’s description
The home
4.73-acre lot
Land
What it’ll cost
$7,685 taxes / yr
No HOA
Listed $489,000
Now $300,000
145 days on dwello
Estimated monthly payment
$2,323/mo
Principal & interest$1,595
Property taxes$640
Homeowners insurance$88
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