13 Shagbark Rd, Lake Bluff, IL 60044
FOR SALE0.41 ACRES

13 Shagbark Rd
Lake Bluff, IL 60044

Knollwood
  • 2 Beds
  • 1 Bath
  • 1,040 sqft (on 0.41 acres)
  • 2 Beds
  • 1 Bath
  • 1,040 sqft (on 0.41 acres)

$675,000

Original price: $990,000
Est. Mortgage $5,076/mo*

Local Information

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Description

Value is in the land for redevelopment. Offering consists of 13 Shagbark Road. Single Family home. 18,000 sq ft parcel at $675,000. Currently occupied by home owner who is willing to sell and relocate with 3-6 months notice to move. No interior showings and please do not disturb the home owner. 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 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 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.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$649
Listed
180+ days ago

Home Details for 13 Shagbark Rd

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 5Types of Rooms: Bedroom 3, Bedroom 4, Living Room, Dining Room, Laundry, Kitchen, Bedroom 2, Family Room, Master Bedroom
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1040 Square Feet
Appliances & Utilities
Appliances: Range, RefrigeratorRefrigerator
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Gas & Electric
Electric: Circuit Breakers
Levels, Entrance, & Accessibility
Stories: 1Accessibility: No Disability Access

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1952
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: CedarNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 12192060060000

Price & Status

Price
List Price: $675,000Price Per Sqft: $649
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Lake Bluff
School Information
Elementary School District: 65Jr High / Middle School District: 65High School: Lake Forest High SchoolHigh School District: 115

Agent Information

Listing Agent
Listing ID: 11392415

Building

Building Area
Building Area: 1040 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 0.41 acres

Listing Info

Special Conditions: None

Compensation

Buyer Agency Commission: 2% - $475Buyer Agency Commission Type: See Remarks:
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 11392415

Additional Information

Mlg Can ViewMlg Can Use: IDX
Last check for updates: 1 day ago
Listing courtesy of: John Josephitis, (847) 373-1766
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID, MLS#11392415

Price History for 13 Shagbark Rd

DatePriceEventSource
01/25/2024$675,000PriceChange
MRED as distributed by MLS GRID #11392415
05/03/2022$990,000Listed For SaleMRED as distributed by MLS GRID #11392415

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Property Taxes and Assessment

Year2021
Tax$3,681
Assessment$198,833
Home facts updated by county records

Comparable Sales for 13 Shagbark Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.39
Single-Family Home
$405,000
09/28/23
4
1
1,179
0.63
Single-Family Home
$166,000
01/19/24
3
1
1,039
0.29
Single-Family Home
$430,000
08/16/23
5
2
2,000
0.65
Single-Family Home
$375,000
06/22/23
3
2
1,222
0.68
Single-Family Home
$443,000
03/21/24
3
2
1,590
0.45
Single-Family Home
$253,500
02/16/24
3
1
1,120
0.33
Single-Family Home
$630,000
04/19/24
5
4
2,283
0.59
Single-Family Home
$418,500
04/19/24
3
3
1,892
1.08
Single-Family Home
$450,000
08/22/23
2
1
1,176

What Locals Say about Knollwood

  • lindsayclee
    "I have lived here as a single mom and now married with three kids. This is an area for everyone. Quiet, safe and many growing families around."
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LGBTQ Local Legal Protections

John Josephitis, Coldwell Banker Realty
Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. 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. Some IDX listings have been excluded from this website. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
13 Shagbark Rd, Lake Bluff, IL 60044 is a 2 bedroom, 1 bathroom, 1,040 sqft single-family home built in 1952. 13 Shagbark Rd is located in Knollwood, Lake Bluff. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on May 3, 2022. The MLS # for this home is MLS# 11392415.