Lake Bluff IL Commercial for Sale

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Type:
Other
Sq.Ft.:
14,500
Status:
Active
Beds:
n/a
Lot size:
2.3 Acres
Year built:
2018
Baths:
MLS#:
12187745

ADDITIONAL INFORMATION

15,000 SqFt. Building with loads of Glass & and a 2-Story Atrium to bring in the outside light. *******Hard Corner/STOP LIGHT ******** Finished New Construction * READY FOR OCCUPANCY * Available for a single user or multi-tenant users 4,800 sqft each or pick your size if it is larger than 4,800 SqFt * QSR Drive-threw opportunity (existing) * This existing space is part of a larger (to be built) development. Currently, there is a 200-unit senior living building. To be built in the plan are two office buildings totaling +75,000 SF * Close to Abbott Laboratories * Less than a mile from I-94

Type:
Office
Sq.Ft.:
31,783
Status:
Active
Beds:
n/a
Lot size:
2.83 Acres
Year built:
1960
Baths:
MLS#:
11492918

ADDITIONAL INFORMATION

Evergreen, located at 49-51 Sherwood Terrace, offers investors an excellent opportunity to own an historically high-occupancy, multi-tenant suburban office park in Lake Bluff, IL. Consisting of two, single-story buildings, on 2.83 acres, Evergreen includes 31,708 net leasable square feet across 32 office suites. Individual unit sizes range from 400 to over 3,000 SF and are fully sprinklered. The property is currently 95.20% leased. This building can be purchased as part of a 2-building portfolio. The other property is 2504 Washington St., Waukegan.

Type:
Office
Sq.Ft.:
6,632
Status:
Active
Beds:
n/a
Lot size:
0.33 Acres
Year built:
1975
Baths:
MLS#:
11392405

ADDITIONAL INFORMATION

Value is in the land for redevelopment. 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. 62,624 sq ft parcel at $5,900,000. is being sold separately under MLS #'s 11392402 and 11392412 . Seller will sell this four parcel lot package with a total of 62,624 sq foot combined 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. 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.

Type:
General Commercial
Sq.Ft.:
5,729
Status:
Active
Beds:
n/a
Lot size:
0.5 Acres
Year built:
1960
Baths:
MLS#:
11392402

ADDITIONAL INFORMATION

Value is in the land for redevelopment. The Sunset Motel is located at 511 Rockland Road. 8 Skokie Valley Road Office Building and one single family home located at 11 Shagbark Road is being sold separately under MLS #'s 11392405 and 11392412 . Seller will sell this four parcel lot package with a total of 62,624 sq foot combined 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. 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.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Lake Bluff Real Estate

The median home value in Lake Bluff, IL is $680,100. This is higher than the county median home value of $296,900. The national median home value is $338,100. The average price of homes sold in Lake Bluff, IL is $680,100. Approximately 87.03% of Lake Bluff homes are owned, compared to 8.78% rented, while 4.19% are vacant. Lake Bluff real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Bluff real estate agent to arrange a tour today!

Lake Bluff, Illinois 60044 has a population of 5,878. Lake Bluff 60044 is more family-centric than the surrounding county with 40.47% of the households containing married families with children. The county average for households married with children is 36.27%.

The median household income in Lake Bluff, Illinois 60044 is $173,667. The median household income for the surrounding county is $97,127 compared to the national median of $69,021. The median age of people living in Lake Bluff 60044 is 46.7 years.

Lake Bluff Weather

The average high temperature in July is 81.4 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 36.1 inches per year, with 38.2 inches of snow per year.

Lake Bluff Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    48
    30-day change

Lake Bluff Schools and Demographics

Education near Lake Bluff, IL

Metric City County
High School Graduates 98.46 90.81
College Degree - 2 year 3.16 6.49
College Degree - 4 year 78.59 46.32
Graduate Degree 22.41 14.09
Expenditures per Student 24,440 24,440
Students per Teacher 13.6 13.6

Elementary Schools near Lake Bluff, IL

School Grades Students P/T Ratio ZIP
Carman-Buckner Elementary School PK - 05 731 14.9 60085
Glen Flora Elementary School KG - 05 502 19.3 60085
Glenwood Elementary School PK - 05 765 15.6 60085
Lake Bluff Elementary School KG - 05 550 12.4 60044
Learn Charter School 6 North Chicago Campus KG - 08 490 16.9 60088
Lyon Magnet Elementary School KG - 05 536 15.8 60085
North Elementary School PK - 05 680 20 60085
Washington Elementary School PK - 05 671 16.8 60085
Whittier Elementary School KG - 05 703 20.7 60085

Middle Schools near Lake Bluff, IL

School Grades Students P/T Ratio ZIP
Daniel Webster Middle School 06 - 08 639 11.8 60085
Deer Path Middle School East 05 - 06 458 11.6 60045
Deer Path Middle School West 07 - 08 522 12.8 60045
Epic - Cap PK - PK 305 19.8 60085
Lake Bluff Middle School 06 - 08 307 9.9 60044
Miguel Juarez Middle School 06 - 08 802 13.2 60085
Neal Math Science Academy 06 - 08 625 13.8 60064
Robert E Abbott Middle School 06 - 08 787 14.8 60085
Thomas Jefferson Middle School 06 - 08 912 12.5 60085

High Schools near Lake Bluff, IL

School Grades Students P/T Ratio ZIP
Lake Forest High School 09 - 12 1,674 13.9 60045
North Chicago Community High School 09 - 12 770 14.9 60064
Waukegan High School 09 - 12 4,476 20.8 60085

Demographics near Lake Bluff, IL 60044

Metric Zip Code City
Neighborhood Type Suburban
Population 5,878 714,484
Population Density 1,443 1,609
Median Age 46.7 38.5
People per Household 2.7 2.8
Median Household Income 173,667 97,127
Average Income per Capita 95,616 49,440