15 Shagbark Road
Lake Bluff, IL 60044
- 2 beds
- 1 bath
- 840 sqft
- ~1/2 acre lot
- $803 per sqft
- 1951 build
- – on site
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.
Last checked:
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Last updated Dec 9, 2024
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MLS# 11392419 —
The Building
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Year Built:1951
-
Rebuilt:No
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New Construction:false
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Architectural Style:Ranch
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Roof:Asphalt
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Basement:None
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Foundation Details:Concrete Perimeter
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Disability Access:No
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Total SqFt:840
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Total SqFt:840
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Main SqFt:840
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Living Area Source:Assessor
Interior
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Rooms Total:5
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Room Type:No additional rooms
Room Dimensions
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Living Area:840
Location
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Directions:Route 176 to Shagbark Road. North on Shagbark to address.
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Location:3950
The Property
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Parcel Number:12192060050000
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Property Type:Residential
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Location:N
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Lot Size Dimensions:100 X 180
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Lot Size Acres:0.42
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Lot Size Source:County Records
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (847) 373-1766
- Office phone:
- (847) 234-8000
Taxes
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Tax Year:2022
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Tax Annual Amount:4552.34
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan, Public
Appliances
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Appliances:Range, Refrigerator
Schools
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Elementary School District:65
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Middle Or Junior School District:65
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High School:Lake Forest High School
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High School District:115
The Community
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Association Fee Includes:None
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Association Fee Frequency:Not Applicable
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:2
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Garage Type:Detached
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Garage Spaces:2
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Garage Onsite:Yes
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Garage Ownership:Owned
Monthly cost estimate
Asking price
$675,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,614
|
| Taxes | $379 |
| Insurance | $185 |
| Utilities | $119 See report |
| Total | $4,297/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/22/24
Jan 22, 2024
|
Price Changed | MRED | $675,000 | -31.2% (-18.1% / YR) |
|
5/3/22
May 3, 2022
|
Listed / Active | MRED | $981,000 |
