826 Smith Avenue , Lake Bluff, IL 60044

$499,000
  • 826 Smith Avenue , Lake Bluff, IL 60044 Main Photo

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New to the Market New
LOT SIZE 0.290 acres MLS#12782308
STATUSNew PROPERTY TYPELand - Commercial SCHOOLDistrict 115

Property Description

Waukegan Rd (IL-43) Commercial Pad | 12,500 SF Zoned GC | Sale, Ground Lease or Build-to-Suit. 12,500 SF (0.29 acre) commercial lot with 100 feet of frontage on Waukegan Road in unincorporated Lake County, with a Lake Bluff address. For sale at $499,000; ground lease at $4,000 per month ($48,000 per year) NNN with rent increases every 5 years; or build-to-suit from $130,000 per year NNN, depending on the building. The two lots total 100 ft x 125 ft, with a platted alley along the rear. Zoned GC General Commercial. The county's use table lists restaurant or coffee shop, retail, office and medical office as permitted uses, subject to county site plan review. Building, engineering and IDOT access permits also apply. County standards allow up to 3,750 SF of building (0.30 FAR) and a height of up to 35 ft. Under the county's parking table, the lot supports roughly 3,000 SF of retail or up to 3,750 SF of office, subject to county review. Waukegan Rd carries 20,400 vehicles per day (IDOT, 2025). Rockland Rd (IL-176) is a quarter mile south. Water from Lake County Public Works; sewer from the North Shore Water Reclamation District. Outside the 100-year floodplain. An older house and garage are on site today. Buyer or tenant to verify all information, including zoning and permitted uses with Lake County.

826 Smith Avenue | MLS# 12782308

This land located at 826 Smith Avenue , Lake Bluff, IL 60044 is currently listed for sale with an asking price of $499,000. The property has approximately 0.29 Acres. Smith Avenue is located within the District 115 school district. Search Lake Bluff real estate on www.bhhscrosby.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 0.29 Acres
Taxes: $10,603

Feature Descriptions

Current Use: Commercial
Frontage: 100
Frontage Type: State Road
Lot Dimensions: 100 x 125 x 100 x 125
Parcel#: 12183300030000
Possible Use: Commercial, Retail
Road Surface: Asphalt
Township: Shields
Utilities: Electricity Nearby, Sewer Nearby

Local Schools

High School: Lake Forest High School
Middle School: Lake Bluff Middle School
Elementary School: Lake Bluff Elementary School
School District: District 115

Listed By / Shown By

Listed By

Agency Name: RE/MAX Suburban
Agency Phone: 847-367-8686

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Estimated Payment

$ 2,139.68 per month $1,110.56 Principal & Interest $883.58 Property Tax $145.54 Homeowner's Insurance

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