FOR SALE0.42 ACRES
15 Shagbark Rd
Lake Bluff, IL 60044
Knollwood
2 Beds
1 Bath
840 sqft (on 0.42 acres)
- 2 Beds
- 1 Bath
- 840 sqft (on 0.42 acres)
2 Beds
1 Bath
840 sqft
(on 0.42 acres)
Local Information
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Commute Destination
Description
Value is in the land for redevelopment site. Offering consists of 15 and 17 Shagbark Road to be sold together as one sale. Two single family homes currently rented to tenants on month to month leases. 17,999 sq ft parcel and 13, 286 sq ft parcel offered together at $675,000 each for a total of $1,350,000. Do not disturb tenants. 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 sold for $8,150,000 in 2021, which is located directly across the street on Route 176. Land 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.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$804
Listed
180+ days ago
Home Details for 15 Shagbark Rd
Active Status |
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MLS Status: Active |
Interior Features |
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Interior Details Basement: NoneNumber of Rooms: 5Types of Rooms: Family Room, Kitchen, Laundry, Bedroom 3, Bedroom 4, Dining Room, Bedroom 2, Living Room, Master Bedroom |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 840 Square Feet |
Appliances & Utilities Appliances: Range, RefrigeratorRefrigerator |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Levels, Entrance, & Accessibility Stories: 1Accessibility: No Disability Access |
Exterior Features |
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Exterior Home Features Roof: AsphaltFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Driveway (Concrete)Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Garage, Open |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 180+ |
Property Information |
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Year Built Year Built: 1951 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: CedarNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 12192060050000 |
Price & Status |
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Price List Price: $675,000Price Per Sqft: $804 |
Status Change & Dates Possession Timing: Close Of Escrow |
Location |
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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 |
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Listing Agent Listing ID: 11392419 |
Building |
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Building Area Building Area: 840 Square Feet |
HOA |
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HOA Fee Includes: None |
Lot Information |
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Lot Area: 0.42 acres |
Listing Info |
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Special Conditions: None |
Compensation |
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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 |
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Business Information Ownership: Fee Simple |
Miscellaneous |
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Mls Number: 11392419 |
Additional Information |
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Mlg Can ViewMlg Can Use: IDX |
Last check for updates: about 6 hours ago
Listing courtesy of: John Josephitis, (847) 373-1766
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID, MLS#11392419
Price History for 15 Shagbark Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 01/22/2024 | $675,000 | PriceChange | MRED as distributed by MLS GRID #11392419 |
| 05/03/2022 | $981,000 | Listed For Sale | MRED as distributed by MLS GRID #11392419 |
| 06/24/2016 | $168,000 | Sold | N/A |
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Property Taxes and Assessment
| Year | 2021 |
|---|---|
| Tax | $4,456 |
| Assessment | $196,360 |
Home facts updated by county records
Comparable Sales for 15 Shagbark Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.62 | Single-Family Home | $166,000 | 01/19/24 | 3 | 1 | 1,039 | |
0.38 | Single-Family Home | $405,000 | 09/28/23 | 4 | 1 | 1,179 | |
0.28 | Single-Family Home | $430,000 | 08/16/23 | 5 | 2 | 2,000 | |
0.64 | Single-Family Home | $375,000 | 06/22/23 | 3 | 2 | 1,222 | |
0.44 | Single-Family Home | $253,500 | 02/16/24 | 3 | 1 | 1,120 | |
0.66 | Single-Family Home | $443,000 | 03/21/24 | 3 | 2 | 1,590 | |
0.57 | Single-Family Home | $418,500 | 04/19/24 | 3 | 3 | 1,892 | |
0.85 | Single-Family Home | $425,000 | 08/10/23 | 2 | 2 | 1,850 |
What Locals Say about Knollwood
- lindsayclee
- 10y ago
"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."
LGBTQ Local Legal Protections
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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
15 Shagbark Rd, Lake Bluff, IL 60044 is a 2 bedroom, 1 bathroom, 840 sqft single-family home built in 1951. 15 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 Jun 11, 2023. The MLS # for this home is MLS# 11392419.