1. Illinois
  2. Lake Bluff
  3. 11 Shagbark Road
$475,000

11 Shagbark Road, Lake Bluff, IL 60044

  • 2 beds |
  • 1 bath |
  • 888 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon0.43acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $535/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Active
Listing Office:
Coldwell Banker Realty : 847-373-1766
Listing Agent:
John Josephitis : 847-373-1766
MLS ID:
12371395
  • Rooms: No additional rooms
  • Appliances: RangeRefrigerator
  • Dining: Combined w/ LivRm
  • Basement: Crawl Space
  • A/C: Central Air
  • Heating: Natural Gas
  • Disability Feature: None

This listing courtesy of John Josephitis, Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

L

Lake Forest High School

1285 N McKinley Rd, Lake Forest, IL, 60045

Grades 9-12

1.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

1270 Benson Lane, Green Oaks, IL 60048
Single-Family Home For Sale

$490,000

  • 2 bed |
  • 1 bath |
  • 1,039 sqft |
  • 2.4 acre lot
1270 Benson Lane Green Oaks, IL 60048

#12398931 - Baird & Warner