$475,000

Estimated payment $3,051/month

Total Views 429
2 Beds
1 Bath
888 Sq Ft
$535 Price per Sq Ft

Highlights

  • Ranch Style House
  • Laundry Room
  • Combination Dining and Living Room
  • Lake Bluff Elementary School Rated A
  • Central Air
  • Family Room

About This Home

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. 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.

Listing Agent

John Josephitis

Coldwell Banker Realty License #475169297

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,865

Year Built

  • Built in 1954

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 108 x 180
  • Fenced

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 888 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Carpet
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Lake Forest High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,865

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1954
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 888
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 888
  • Assessed Sq Ft: 888
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 888
  • Basement Sq Ft: 0
  • Total Sq Ft: 888
  • Upper Level Sq Ft: 888
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Cedar
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • List Price: 475000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Lake Forest High School
  • Middle/Junior School District: 65

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.43
  • Lot Dimensions: 108 X 180
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 4864.84
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,191 $72,890 $32,011 $40,879
2023 $4,191 $67,192 $29,509 $37,683
2022 $3,483 $56,423 $24,780 $31,643
2021 $3,407 $55,936 $24,566 $31,370
2020 $3,342 $56,245 $24,702 $31,543
2019 $3,223 $55,213 $24,249 $30,964
2018 $3,375 $58,862 $26,914 $31,948
2017 $3,345 $57,878 $26,464 $31,414
2016 $3,210 $58,109 $25,189 $32,920
2015 $3,336 $54,716 $23,718 $30,998
2014 $3,142 $50,956 $31,941 $19,015
2012 $2,881 $51,398 $32,218 $19,180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 For Sale $475,000 0.0% $535 / Sq Ft
05/11/2023 05/11/23 Rented $1,800 -5.3% --
10/26/2022 10/26/22 Price Changed $1,900 -5.0% $2 / Sq Ft
07/21/2022 07/21/22 For Rent $2,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $170,000 First American Title
Legal Action Court Order -- None Available
Deed $450,000 First American Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $136,000 New Conventional
Previous Owner $90,000 Stand Alone Second
Previous Owner $360,000 New Conventional
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12371395

Midwest Real Estate Data (MRED)

APN: 12-19-206-007