2 months on rocket

3159 Cuba Rd, Long Grove, IL, 60047

$2,000,000

23.55 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #12175907
Lot Size23.55 Acres
StatusActive

About 3159 Cuba Rd

Discover Your Private Oasis in Long Grove! Are you searching for a secluded, private retreat in the heart of Long Grove? Look no further! Nestled amidst the beauty of nature, this expansive 23-acre property offers the perfect canvas for your dream home or investment opportunity. Located near downtown Long Grove, renowned forest preserves, country clubs, and a variety of dining and shopping options, this idyllic setting provides the ultimate in convenience and tranquility. For Homeowners: * Prime Location: Situated in the award-winning Stevenson High School district, ensuring a top-notch education for your family. * Unspoiled Beauty: Enjoy the serenity of 23 acres of pristine land, perfect for outdoor activities and relaxation. * Flexibility: Divide the property to build multiple homes for a family compound or explore other development possibilities based on your vision. * Boutique Vineyard and Winery Potential: Imagine cultivating your own vineyard and crafting exquisite wines. This property offers the perfect conditions for a boutique vineyard and winery, adding a unique charm and potential revenue stream. For Developers: Given the size and location of the land, here are a few potential development ideas: * Luxury Estate Subdivision * Concept: Create a high-end, exclusive community with large, custom-built homes. * Features: Private amenities such as a pool, walking trails, and landscaped gardens. * Benefits: High-end homes command premium prices, and the exclusivity can attract discerning buyers. * Eco-Friendly Community * Concept: Develop a sustainable community focused on environmental responsibility. * Features: Energy-efficient homes, green spaces, rainwater harvesting, and community gardens. * Benefits: Appeals to environmentally conscious buyers and can qualify for government incentives. * Equestrian Estate * Concept: Create a community for horse enthusiasts. * Features: Horse stables, riding arenas, paddocks, and trails. * Benefits: Appeals to a niche market and can offer a unique lifestyle. This property is a once-in-a-lifetime opportunity, offering endless possibilities for homeowners and developers alike. Don't miss out on the chance to create something truly special in Long Grove!

Property Details

Property Features

Listing Office:

  • Office Name: Homesmart Connect LLC
  • Office Phone: (773) 985-7700
  • Listing Agent: Ivelina Stoyanova

Lot Features

Lot Information:

  • Lot Size: 23.55 Acres

Other

Directions Information:

  • Directions: Route 22, South on Old McHenry, Right on East Cuba Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,000,000

Tax Information:

  • Annual Amount: $30,420
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Long Grove, IL.

Med. Sold Price

$910K

Med. Price/SqFt

$230

Avg. Days On Market

6

# of Sold Homes

5

3159 Cuba Rd vs Long Grove

78 DAYS ON ROCKET

+72 Days

$2,000,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Long Grove, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12175907

Listing Office:

  • Office Name: Homesmart Connect LLC
  • Office Phone: (773) 985-7700
  • Listing Agent: Ivelina Stoyanova

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:46:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 13, 2021Home Sold
$970,000
Aug 13, 2021Home Sold
$970,000
Oct 02, 2015Home Sold
$1,360,000

Tax History

YEARPROP. TAXASSESSMENT
2020$30,420$344,676
2019$30,420$341,310
2018$30,318$352,778
2017$30,319$348,235

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4317951
8
/10
  • Kildeer Countryside Elementary School

  • 3100 Old McHenry Rd

  • 0.79 miles

  • Public District Grades 1-5

school-card-donut-4317952
9
/10
  • Ivy Hall Elementary School

  • 1072 Ivy Hall Ln

  • 2.00 miles

  • Public District Grades 1-5

school-card-donut-4317953
8
/10
  • Prairie Elementary School

  • 1530 Brandywyn Ln

  • 2.15 miles

  • Public District Grades 1-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $162,500. Most Long Grove, IL residents have annual incomes $200k+. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3159 Cuba Rd

What is the listing price of this property?

The listing price of 3159 Cuba Rd property is $2,000,000.

What type of property is this?

The property 3159 Cuba Rd is land located in Long Grove, Illinois, 60047.

Is this property for sale now?

Active Listing: 3159 Cuba Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $30,420 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 13, 2021 for $970,000. (source: MLS/tax record).

How much acreage is this property?

The property 3159 Cuba Rd is 23.55 acres.
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Rocket HomesIllinoisLake CountyLong Grove600473159 Cuba Rd

This home is located at 3159 Cuba Rd in Long Grove, IL and zip code 60047. This home sits on a 23.55 acre lot. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $2,000,000.

In November 2024 more than 2 listings in Long Grove, IL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below. The number of listings in Long Grove, IL decreased by 21.9% between October 2024 and November 2024. In November 2024, listings were on the market for 6 days. During the same period, the median list price in this real estate market was $910,000.

From Rocket Homes Real Estate and based on county public records data.

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