11 Shagbark, Lake Bluff IL 60044
$475,000

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Property Description

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.

Features & Information

Key Details

  • List Price $475,000
  • Property Taxes $4,864.84
  • Square Feet 888
  • Price/ Sq. Ft. $534.91
  • Year Built 1954
  • Parking Type Garage
  • Status Active

Rooms

  • Total Rooms 5
  • Basement N
  • Master Bedroom

  • Master Bath N
  • Room Size 12X11
  • Bedroom 2

  • Room Size 12X10
  • Floor Level Main Level
  • Flooring Carpet
  • Living Room

  • Room Size 12X14
  • Floor Level Main Level
  • Flooring Carpet
  • Dining Room

  • Room Size 12X10
  • Floor Level Main Level
  • Kitchen

  • Room Size 12X12
  • Kitchen Type Eating Area-Table Space
  • Floor Level Main Level
  • Basement

  • Basement Description Crawl
  • Bathroom(s) in Basement N

Interior Features

  • Appliances

  • Appliances Included Oven/Range, Refrigerator
  • Heating & Cooling

  • Heating Type Gas
  • Air Conditioning Central Air

Exterior Features

  • Building Information

  • Age of Building 71-80 Years
  • Exterior Construction Cedar
  • Foundation Concrete
  • Parking

  • Parking Garage
  • # of Cars 2

Location

  • County Lake
  • Township Shields
  • Corporate Limits Knollwood
  • Directions to Property Route 176 To Shagbark Road. North On Shagbark To 11 Shagbark Road.
  • Schools

  • Elementary School District 65
  • Junior High District 65
  • High School District: 115
  • School Name Lake Forest High School
  • Property Taxes

  • Tax 4864.84
  • Tax Year 2024
  • Tax Exemptions Homeowner
  • Parcel Identification Number 12192060070000
  • Lot Information

  • Dimensions 108 X 180
  • Acreage 0.43

Utilities

  • Sewer Sewer-Publ

Listed by John Josephitis for Coldwell Banker Realty | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 6/14/2025 4:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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