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8 N Skokie Highway Lake Bluff, IL 60044

$1,250,000
Contingent / MLS# 12371455 / Commercial - Retail / Lake Bluff
0 Beds
6632 SqFt

Value Is In The Land For Redevelopment. Tenant Occupied. Consists Of 8 Skokie Valley Road Office Building listed at $1250,000, The Sunset Motel Located At 511 Rockland Road listed at $1,500,000 And One Single Family Home Located At 11 Shagbark Road listed at $475,000. 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.

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Property Details

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.33 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $13,190
Year Built: 1975

Feature Descriptions

Current Use: Commercial
Electric: Circuit Breakers
Exterior: Wood, Frame
Fire Protection: Fire Extinguisher/s
Foundation: Concrete Perimeter
Frontage Type: Frontage Road, State Road
HVAC: Forced Air
Lot Dimensions: 109 X 130
Parcel#: 12192060100000
Potential Use: Commercial, Development, Multi-Family, Retail, Special Use
Tenant Pays: Varies by Tenant

Location

See details and scored characteristics about this location.

Listing Office: Coldwell Banker Realty

Listing Office Phone: 847-234-8000



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