Single Family for Sale: 11 Shagbark, Lake Bluff, IL 60044

2 beds
1 full baths
888 sqft
$650,000
$650,000
11 Shagbark, Lake Bluff, IL 60044
2 beds
1 full baths
888 sqft
$650,000
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Price:
$650,000
$340,000 - 01/20/2024

Type Single Family
Style Ranch
Beds 2
Total Baths 1 full baths
Square Feet 888 sqft
Lot Size 0.43 acres
Year Built 1954

City Lake Bluff
County Lake
School District 115

MLS 11392412
Status Active
Value is in the land for redevelopment. Consists of one single family home located at 11 Shagbark Road. The Sunset Motel located at 511 Rockland Road and 8 Skokie Valley Road Office Building are being sold separately under MLS #'s 11392402 and 11392405. Seller will sell this four parcel lot package with a total of 62,624 sq ft parcel at $5,900,000. 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. PIN numbers 12-19-206-014, 12-19-206-15, 12-19-206-010 and 12-19- 206-007. 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.

Room Features

Basement Description Crawl
Dining Description Combined w/ Liv Rm

Lot & Building Features

Appliances Range, Refrigerator
Architecture Ranch
Cooling Central Air
Heating Natural Gas
Parking Description Garage
Sewer Public Sewer
Tax Year 2021
Water Lake Michigan, Public
Lot Dimensions 108 X 180 ft

Community and Schools

Elementary School 65
Senior High School Lake Forest High School

Price History of 11 Shagbark, Lake Bluff, IL

Date Name Price Difference
01/20/2024 Price Adjustment $650,000 34.34%
12/31/1969 Listing Price $990,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Christopher Butler
Direct: 708-601-1516
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Coldwell Banker Realty, John Josephitis & Loralee Van Vleet
$
20%
1%
6.75%
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11 Shagbark (MLS #11392412) is a ranch single family home located in Lake Bluff, IL. This single family home is 888 sqft and on a lot of 18,731 sqft (or 0.43 acres) with 2 bedrooms, 1 baths and is 61-70 Years years old. This property was listed on 05/03/2022 and has been priced for sale at $650,000.

Nearby zip codes are 60031, 60045, 60048, 60064 and 60085. This property neighbors other cities such as Green Oaks, Lake Forest, Libertyville, Mettawa and North Chicago.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coldwell Banker Realty