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.
The R-3 Zoning Districts are expected to accommodate a large percentage of the residential growth projected in unincorporated Lake County over the 20-year planning horizon covered by the Regional Framework Plan. The districts are primarily intended to accommodate moderate density residential development that can be served by the full range of infrastructure. The districts are generally intended to be applied in areas with existing infrastructure. The uses and densities allowed in the R-3 Districts 1.33 to 2.5 units per acre offer county residents a variety of housing choices in the moderate density range. The R-3 Districts are intended to implement the Regional Framework Plan’s Residential future land use designations.
Permitted uses
Include but are not limited to:
Equestrian facility
Religious facility
Housing-Single unit
Public service
Educational/school
Golf related
Communications tower
Agriculture-Cropland
Park & open space
Water related-Wetland
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 98° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Lake Bluff, IL • 60044
Average low and high temperatures (°F)
29
14
36
21
51
32
58
41
63
47
77
60
81
67
78
64
73
59
64
49
49
37
35
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.2 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 11 Shagbark Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $300,000 and $729,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $300K to $729K.