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11 Shagbark Road, Lake Bluff, Il 60044 (map)
Interested
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| Value is in the land for redevelopment. Consists of one single family home located at 11 Shagbark Road. The Sunset Motel located at 511 Rockland Road and 8 Skokie Valley Road Office Building are being sold separately under MLS #'s 11392402 and 11392405. Seller will sell this four parcel lot package with a total of 62,624 sq ft parcel at $5,900,000. Sunset Motel is currently open and operating. Office building at 8 Skokie BLVD has a few month to month tenants in place. SFH at 11 Shagbark is rented with a month to month lease in place. PIN numbers 12-19-206-014, 12-19-206-15, 12-19-206-010 and 12-19- 206-007. Rare North Shore commercial redevelopment land acquisition opportunity available in Lake Bluff, IL. Major market areas include Lake Bluff, Lake Forest, Green Oaks and Libertyville, IL. General Commercial and Residential Zoning currently in place. Located in unincorporated Lake Bluff - Current Lake County Zoning. Buyer could voluntarily annex into the Village of Lake Bluff - Lake Bluff willing to offer financial incentives! Recent developments include new Target & Chase Bank plus retail strip malls directly across the street on Route 176 (Rockland Road) Adjacent to the brand new Northwestern Medicine building that just sold for $8,150,000 in 2021, which is located directly across the street on Route 176. Sold in May of 2020 for $3,700,000 for 41,040 sq ft parcel. This sales comparable sold for $90.16 per sq ft. Thriving commercial corridor serving Lake Bluff & Lake Forest residents plus large daytime employment from Abbott Labs and many surrounding businesses. Value is in the land! This offering is part of a larger eight-parcel assembly of contiguous properties that total 2.75 acres of commercial and residential land. Possible rezoning of all parcels to be either commercial or residential. Future use for new retail, medical, multi-family, drive-thru etc. Contact John Josephitis for full Offering Memorandum and complete details on the overall development opportunity. |
| Schools for 11 Shagbark Road, Lake Bluff | ||
|---|---|---|
| Elementary:
(District
65)
|
Junior High:
(District
65)
|
High School:
(District
115)
lake forest high school |
Rooms
for
11 Shagbark Road, Lake Bluff (
5 - Total Rooms)
| Room | Size | Level | Flooring | |
|---|---|---|---|---|
| Kitchen : | 12X12 | Main | ||
| Living Room : | 12X14 | Main | Carpet | |
| Dining Room : | 12X10 | Main | ||
| Family Room : | N/A | |||
| Laundry Room : | N/A | |||
| Other Rooms : | No Additional Rooms | |||
| Room | Size | Level | Flooring |
|---|---|---|---|
| Master Bedroom : | 12X11 | Main | Carpet |
| 2nd Bedroom : | 12X10 | Main | Carpet |
| 3rd Bedroom : | N/A | ||
| 4th Bedroom : | N/A | ||
General Information
for
11 Shagbark Road, Lake Bluff
| Listing Courtesy of: Coldwell Banker Realty |
11 Shagbark Road, Lake Bluff -
Property History
| Date | Description | Price | Change | $/sqft | Source |
|---|---|---|---|---|---|
| May 03, 2022 | New Listing | $ 990,000 | - | $1,115 / SQ FT | MRED LLC |
Views
for
11 Shagbark Road, Lake Bluff
| © 2023 MRED LLC. All Rights Reserved. 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 Blue Fence Real Estate 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. DMCA Policy . MRED LLC data last updated at October 01, 2023 10:30 AM CT |
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