Market value is constantly changing in today's world. It will depend on the location and how developed the lot is. I would be happy to get more specific for you but I need more information on this specific lot. Don't hesitate to contact with the specifics and I can give you a better idea of its value.
There are currently 6 properties for sale in Glenview of one-third acre; one is vacant land and the others have teardown houses on them. The average price is $403,783; the median price is $374,900. No lots of that size have sold in the past 12 months--at least ones that have been listed as "land." Generally, home and land prices increase the farther east you go in Glenview, and there's a section of far east Glenview that's in New Trier High School District, rather than Glenbrook South High School, which serves most of the village.
Let me know if you'd like me to email you the currently available properties.
Baird & Warner, Winnetka
A third acre lot in Glenview is a nice size for Glenview. As u may know you do not get alot of land for the price of the homes. Just consider if it is a corner lot, the street it is on, busy or quiet, and is it a developed street already or does it have quite a few yrs. to go. If you r not working with a buyers agent I'd be happy to assist you with any other questions or comps. you may need. Feel free to call or e-mail me at anytime.