$475,000
 $2,550 est/mo Sourced by Back At You

11 Shagbark Road,Lake Bluff, IL 60044

Lake Bluff, IL 60044

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Description

Value Is In The Land For Redevelopment. Tenant Occupied. Consists Of 8 Skokie Valley Road Office Building, The Sunset Motel Located At 511 Rockland Road And One Single Family Home Located At 11 Shagbark Road. Owner prefers to sell this lot/home at 11 Shagbark with the other listing at 511 Rockland Road. 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. No interior showings for house unless buyer wishes to acquire both 11 Shagbark and 511 Rockland Road together. 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).v 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 could be 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.

Details

MLS #12371395
Listing TypeFor Sale
StyleFarm or Ranch
Sub-TypeResale
StatusActive Under Contract
Year1954
Days On Site472
Listing Provided ByColdwell Banker Realty | John Josephitis

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet888
Garage2
BasementY
Story(s)1
Acreage0.43

Interior

Rooms Total5
CoolingCentral Air
HeatingNatural Gas
AppliancesRange, Refrigerator

Exterior

RoofAsphalt
Foundation DetailsConcrete Perimeter
Construction MaterialsCedar
FencingFenced

Parking

Parking FeaturesAsphalt, Yes, Garage Owned, Detached, Garage
Garage Spaces2

Utilities

SewerPublic Sewer
ElectricCircuit Breakers

Taxes

Tax Year2024
Tax Annual Amount4864.84

Area Information

StateIL
CountyLake
CityLake Bluff
Zip Code60044
AreaLake Bluff
School DistrictLake Forest High School
High SchoolLake Forest High School
Sourced by Back At You

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Learn More About This Property

StateIL
CountyLake
CityLake Bluff
Zip Code60044
AreaLake Bluff
School DistrictLake Forest High School
High SchoolLake Forest High School
Sourced by Back At You
Listing Updated: September 1, 2026 at 11:00:59 AM PDT