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Lake Bluff, IL Multifamily Home for Sale

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    $1,500,000

    • 5,729 Sq Ft

    511 Rockland Rd, Lake Bluff, IL 60044

    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 listed for $475,000. Owner prefers to sell the lot/home at 11 Shagbark with this listing at 511 Rockland Road listed at $1,500,000. Sunset Motel Is Currently Open And Operating. Office

    John Josephitis Coldwell Banker Realty

    511 Rockland Rd, Lake Bluff, IL 60044

Why Live in Lake Bluff

Lake Bluff, Illinois, is a small community on the North Shore of the greater Chicago area, known for its quaint charm and proximity to Lake Michigan. Originally developed as a vacation spot for Chicago residents, Lake Bluff maintains a cozy, insular feel with its low-rise red brick buildings and vintage glass storefronts in the downtown area. The Lake Bluff Village Green, featuring a gazebo, serves as a central gathering spot, especially during the holiday season and the weekly farmers market from June to October. Residents enjoy various activities at Sunrise Beach, including yoga, volleyball, and sailing with the Lake Bluff Yacht Club. The Lake Bluff Golf Club and Ravine Park offer additional recreational options. Dining and shopping are concentrated along Scranton Avenue, where establishments like Inovasi and Maevery Public House provide upscale American fare, while Lake Bluff Brewing Company offers craft brews. Residential streets are shaded by mature trees, with homes ranging from mid-century ranch-style houses to stately Colonial Revivals. The community is served by highly rated schools, including Lake Bluff Elementary School, Lake Bluff Middle School, and Lake Forest High School, along with the private Montessori Forest Bluff School. Summer concerts and a notable 4th of July Parade are among the local attractions. Commuters have access to U.S. Highway 41 and Interstate 94, as well as Metra rail routes to Chicago. Lake Bluff is approximately 28 miles from Chicago O'Hare International Airport and has a crime score lower than the national average.

Home Trends in Lake Bluff, IL

Housing Trends

Median Sale Price
$747,500
Median Single Family Sale Price
$747,500
Median 2 Bedroom Sale Price
$224,999
Average Price Per Sq Ft
$346
Number of Homes for Sale
15
Last 12 months Home Sales
84
Months of Supply
2.10
Median List Price
$769,450
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
4%
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