508 W Washington Avenue

Lake Bluff, IL 60044

  • 2 Bed(s)
  • 2 Bath(s)
  • 984 Sqft
$340,000

Description

Value is in the land for redevelopment. consists of one single family townhome located at 508 w washington avenue in unincorporated lake bluff. three other townhomes in the knollwood townhomes are also for sale under separate listings. the sunset motel located at 511 rockland road is being sold separately under mls 11392402. sunset motel is currently open and operating. 11 shagbark is rented with a month to month lease in place. pin numbers 12-19-206-014, 12-19-206-15 and 12-19- 206-007 are also for sale. other properties in this offering are three single family homes located on shagbark road. 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 eleven-parcel assembly of contiguous properties that total about 120,000 sq ft or 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.

  • Property Type

    Residential

  • County

    Lake

  • Style

    Residential

  • AD ID

    42632083

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Property Details

  • Bedroom Information

    • Total Bedroom: 2
    • Room Types: No additional rooms

    Bathroom Information

    • Total Baths: 2
    • Full Baths: 1
    • Half Baths: 1

    Interior Features

    • Hardwood Floors, Laundry Hook-Up in Unit
    • Roof: Asphalt
    • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal

    Roofing Information

    • Asphalt

    Heating & Cooling

    • Heating: Electric, Baseboard
    • Cooling: Window/Wall Units - 2
    • WaterSource: Lake Michigan

  • Building Information

    • Year Built: 1973

    Exterior Features

    • Storms/Screens, Outdoor Grill
    • Foundation Details: Concrete Perimeter

  • Lot Information

    • Lot Dimensions: 0.088
    • Lot Description: Landscaped

    Property Information

    • Property Type: Residential
    • Sub Type: Attached Single
    • Type Attached: Townhouse-2 Story

  • Listing Price Information

    • Original List Price: $340000

  • Tax Information

    • Annual Tax: $2993.4
    • Tax Year: 2021
    • Parcel Number: 12192060020000

  • Parking Information

    • Total Parking: 2
    • Assigned

    Homeowners Association Information

    • Included Fees: Insurance, Security, Lawn Care, Scavenger, Snow Removal
    • Included Amenities: Storage
    • HOA: 125 Monthly

  • School Information

    • Elementary School: Lake Bluff Elementary School
    • Junior High School: Lake Bluff Middle School
    • Senior High School: Lake Forest High School

    Location Information

    • City: Lake Bluff
    • Direction: ROUTE 176 W OF GREEN BAY, NORTH ON SHAGBARK TO WASHINGTON
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BuyOwner last updated this listing Fri Aug 18 2023

  • MLS: MRD11687323
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Midwest Real Estate Data LLC (MRED)

is a Home, with 2 bedrooms which is for sale, it has 984 sqft, 984 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Lake Bluff , in zip code 60044, this Lake County Home and are nearby neighborhoods.