15 Shagbark Road, Lake Bluff, IL 60044 Find on Map

$675,000 ($804/SQ FT)

Estimated $3,609/month View My Payment

2 Bedrooms | 1 Full Baths, 0 Half Baths
MLS#: 11392419 | Status: Active

Value is in the land for redevelopment site. Offering consists of 15 and 17 Shagbark Road to be sold together as one sale. Two single family homes currently rented to tenants on month to month leases. 17,999 sq ft parcel and 13, 286 sq ft parcel offered together at $675,000 each for a total of $1,350,000. Do not disturb tenants. 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 sold for $8,150,000 in 2021, which is located directly across the street on Route 176. Land 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.

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Route 176 to Shagbark Road. North on Shagbark to address.

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My Notes on This Property

Listing Courtesy of: Coldwell Banker Realty

This Lake Bluff, Il Detached Single is located at 15 Shagbark Road in and has 2 bedrooms, 1 full & 0 half bathrooms with approx 840 square feet and a None Crawl Basement. It has been listed For Sale on Blue Fence for days and is currently Active on the Multiple Listing Service (MLS#: 11392419) with a list price of $ 675,000 or a price per sqft of $ 804.

15 Shagbark Road is located within the Knollwood City Limits, 60044 zip code and in Lake County Illinois. The Detached Single property was built in 1951 with a lot size of .25-.49 Acre and has Garage with Spaces. School age children living at 15 Shagbark Road would go to Elementary School at (District 65), Middle School at (District 65) and High School at Lake Forest High School (District 115).

Do you have questions about 15 Shagbark Road in Lake Bluff? Learn more about this property and other Lake Bluff real estate for sale by contacting the best high selling real estate agents REALTORS® with awarding winning Blue Fence Real Estate. Simply request more information from a top rated Blue Fence REALTOR® or browse all of the most updated listings of Lake Bluff Homes For Sale.

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MLS#: 11392419 | Status: Active

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