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7700 W. Belmont Ave
Chicago , IL 60634
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$1,250,000.00 listing calculator
8 Skokie Highway
Lake Bluff, IL 60044
511 Rockland Road
Lake Bluff, IL 60044
Lake, US
$1,500,000.00 listing calculator
Status: Active (For Sale)
Type: Commercial
Lot Size: 0.5 Acres
Year Built: 1960
MLS ID: 12371411


Overview
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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 Building At 8 Skokie BLVD Has A Few Month To Month Tenants In Place and is listed at $1,250,000. 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.

Courtesy Of: Coldwell Banker Realty


Feature Highlights


  • Additional Parcels
  • Built Before 1978

General Features


List Date:
05/21/2025

Exterior Features and Amenities


Lot Size Dimensions:
225 X 109

Financial


Days On Market:
7
Tax Annual Amount:
$14,935.78
Tax Year:
2024


Directions


Located at the intersection of Route 176 and Route 41. Rockland Road and Skokie Highway.

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-03-05
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