Lake Bluff, IL 60044 11 Shagbark Road

11 Shagbark Road Lake Bluff, IL - Image 111 Shagbark Road Lake Bluff, IL - Image 211 Shagbark Road Lake Bluff, IL - Image 3
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11 Shagbark Road Lake Bluff, IL - Image 411 Shagbark Road Lake Bluff, IL - Image 511 Shagbark Road Lake Bluff, IL - Image 6
Presented By: Coldwell Banker Realty
  • MLS# 11392412
  • 05/03/2022
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 2
  • Baths • 1
  • SQFT • 888
  • Garage • 2

Home Details

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.
Presented By: Coldwell Banker Realty

Interior Features for 11 Shagbark Road

Bedrooms

Bedrooms Possible2
Total Bedrooms2

Bathrooms

Half Baths0
Total Baths1

Other Interior Features

LivingAreaSourceAssessor
BasementNone
BasementCrawl
Below Grade Finished Area

Other Rooms

Room TypeNo additional rooms

General for 11 Shagbark Road

Additional Parcels Y/NNo
AppliancesRange, Refrigerator
Architectural StyleRanch
Assoc Fee Paid PerNot Applicable
Association Fee IncludesNone
CityLake Bluff
CoolingCentral Air
CountyLake
Days on Market840
DirectionsRoute 176 to Shagbark Road. North on Shagbark to 11 Shagbark Road.
ElectricCircuit Breakers
Elementary School District65
Full Baths1
Garage Spaces2
HeatingNatural Gas
High SchoolLake Forest High School
High School District115
MLS AreaLake Bluff
Middle/Junior School District65
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential
Property TypeDetached Single
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount3406.54
Tax Year2021
Total Rooms5
TownshipShields
Waterfront Y/NNo
Year Built1954

Exterior for 11 Shagbark Road

ExteriorCedar
Foundation DetailsConcrete Perimeter
Garage OnsiteYes
Garage OwnershipOwned
Garage TypeDetached
Lot Dimensions108 X 180
Lot Size Acres0.43
Total Parking2
Water SourceLake Michigan, Public

Additional Details

Price History

Schools

Middle School N/A
Elementary School N/A
High School Lake Forest High School

Worth Clark

Price $650,000
MLS#11392412
List Date 05/03/2022
Property Type Single Family
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