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Adam Baxa
Mobile Phone:
630-234-4472
adam@thebaxagroup.com
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Adam Baxa
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Mobile Phone:
630-234-4472
adam@
thebaxagroup.com
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FOR SALE
$990,000

13 Shagbark Road
Lake Bluff, IL 60044

Single Family
Residence
2
Beds
1
Baths
1,040
Sq. Ft.
0.41
Acre Lot
1of
Photos
Map
Courtesy: Coldwell Banker Realty
MRED> Illinois> Lake Bluff> 60044
Value is in the land for redevelopment. Offering consists of 13 Shagbark Road. Single Family home. 17,999 sq ft parcel at $990,000. Currently occupied by home owner who is willing to sell and relocate with 3-6 months notice to move. No interior showings and please do not disturb the home owner. 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.
11392415
Single Family, 1 Story
2
1 Full
1952
Lake
0.41 Acres
1
Cedar
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Coldwell Banker Realty
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