1 year on rocket

17 Shagbark Rd, Lake Bluff, IL, 60044

$675,000

Home List Price

$8,016*

Closing Credit

2 Bedrooms
1 Full Bath
1,002 SqFt
$674/SqFt
House
Schools Nearby

Location

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17 Shagbark Rd, Lake Bluff$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1950
HeatingNatural Gas
CoolingCentral Air
MLS #11392423
Lot Size0.31 Acres
StatusActive

About 17 Shagbark Rd

Value is in the land for redevelopment site. Offering consists of 15 and 17 Shagbark Road to be sold together as one sale. Two single family homes currently rented to tenants on month to month leases. 17,999 sq ft parcel and 13, 286 sq ft parcel offered together at $675,000 each for a total of $1,350,000. Do not disturb tenants. 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 sold for $8,150,000 in 2021, which is located directly across the street on Route 176. Land 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 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1950
  • Living Area: 1,002 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (847) 234-8000
  • Listing Agent: John Josephitis

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lake Forest High School, Public District Grades 9-12
  • Lake Bluff Middle School, Public District Grades 6-8
  • Lake Bluff Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Route 176 to Shagbark Road. North on Shagbark to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $674/SqFt

Tax Information:

  • Annual Amount: $3,577
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11392423

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (847) 234-8000
  • Listing Agent: John Josephitis

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Property Sales & Tax

Listing History

Jul 30, 2015Home Sold
$160,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,577$62,092
2019$3,590$60,953
2018$3,588$62,802
2017$3,588$61,752

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2496524
8
/10
  • Lake Bluff Elementary School

  • 350 W Washington Ave

  • 0.76 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2496525
7
/10
  • Lake Bluff Middle School

  • 31 E Sheridan Pl

  • 1.40 miles

  • Public District Grades 6-8

High School

school-card-donut-2496526
8
/10
  • Lake Forest High School

  • 1285 N Mckinley Rd

  • 1.86 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,464. Most Lake County, IL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 17 Shagbark Rd

What is the listing price of this property?

The listing price of 17 Shagbark Rd property is $675,000.

What type of property is this?

The property 17 Shagbark Rd is a house located in Lake Bluff, Illinois, 60044.

Is this property for sale now?

Active Listing: 17 Shagbark Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 17 Shagbark Rd are:
Lake Bluff Elementary School: GreatSchools Rating 8/10
Lake Bluff Middle School: GreatSchools Rating 7/10
Lake Forest High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,577 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 30, 2015 for $160,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 17 Shagbark Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 17 Shagbark Rd is 1,002 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 17 Shagbark Rd is 1950.

Rocket HomesIllinoisLake CountyLake Bluff6004417 Shagbark Rd

This home is located at 17 Shagbark Rd in Lake Bluff, IL and zip code 60044 in the Rockland Manor neighborhood. This 1,002 square foot home, which was built in 1950, sits on a 0.31 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 03, 2022 and is currently priced at $675,000.

Lake County, IL housing market in March 2024 saw over 239 listings sold above listed price, more than 95 sold at listed price and over 239 sold below. The inventory of homes for sale in Lake County, IL between February 2024 and March 2024 increased by 17.5%. Listings spent 28 days on the market in March 2024, and had a median list price of $353,665 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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