John Josephitis
This listing was posted on John Josephitis (via ListedBuy).
$1,700,000
14 North Skokie Highway, Lake Bluff, IL 60044
Price:
$1,700,000
Location:
14 North Skokie Highway, Lake Bluff, IL
Description:
Value is in the land for redevelopment. The former Knollwood Fire Station is located at 14 N Skokie BLVD in unincorporated Lake Bluff, IL. 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 nine-parcel assembly of contiguous properties that total about 3.5 acres of commercial and residential land. Possible rezoning of all parcels to be either commercial or residential. Current zoning is with Lake County, IL. Possible to volunarily annex into the Village of Lake Bluff, which may possibly offer developer financial incentives. 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. Still available at ListedBuy!
Property Type:
Land for Sale
Sq feet:
41,040 sq. ft.
For sale by:
Agent/Broker
Agent Name:
John Josephitis
Posted:
August 5 2023 on ListedBuy
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More About this Listing: 14 North Skokie Highway, Lake Bluff, IL 60044
14 North Skokie Highway, Lake Bluff, IL 60044 is a Land for Sale at 14 North Skokie Highway in Lake Bluff IL. Find other listings like 14 North Skokie Highway, Lake Bluff, IL 60044 and listings near 14 North Skokie Highway by searching Oodle Classifieds for Land for Sale in Lake Bluff IL.
14 North Skokie Highway, Lake Bluff, IL 60044 is a Land for Sale at 14 North Skokie Highway in Lake Bluff IL. Find other listings like 14 North Skokie Highway, Lake Bluff, IL 60044 and listings near 14 North Skokie Highway by searching Oodle Classifieds for Land for Sale in Lake Bluff IL.