Active

$475,000

11 Shagbark Road, Lake Bluff, IL 60044
2 Beds1 Baths888 sqft232 days
11 Shagbark Road·Lake Bluff, IL 60044
2Bedrooms
1Bathrooms
888Sq Ft
1954Year Built
About This Home

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.

MLS# MRD12371395Listed May 21, 2025ResidentialRanch
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms5

Size & Structure

Living Area888 sqft
Garage Spaces2
Year Built1954
Lot Size0.430 acres

Location

CountyLake
TownshipShields
Zip Code60044

Financial

List Price$475,000
Price / Sq Ft$535
Annual Taxes (2024)$4,865
Monthly Tax Est.$405
Parcel #12192060070000
Interior Features

Appliances

RangeRefrigerator

Heating

Natural Gas

Cooling

Central Air

Basement

Crawl Space
Exterior & Lot

Construction

Cedar

Roof

Asphalt

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Electric

Circuit Breakers

Parking

AsphaltYesGarage OwnedDetachedGarage
Schools
High School
Lake Forest High School
District: 115
Tax & Financial
Annual Taxes
$4,865
Tax Year 2024
Monthly Tax Est.
$405
per month
Price per Sq Ft
$535
per square foot
Property Location

11 Shagbark Road, Lake Bluff, IL 60044Lake County

$475,000
$535 / sqft
11 Shagbark Road
2 bd1 ba888 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
232 days on market
2-car garage
0.430 acres
$4,865/yr taxes
$2,902
estimated monthly payment
Principal & Interest
$2,496/mo
Property Tax
$405/mo
$475,000
20% — $95,000
3%50%
6.875%
3%12%
Loan Amount
$380,000
Down Payment
$95,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: John Josephitis
REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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