2 years on rocket

15 Shagbark Rd, Lake Bluff, IL, 60044

$675,000

Home List Price

$8,016*

Closing Credit

2 Bedrooms
1 Full Bath
840 SqFt
$804/SqFt
House

Location

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15 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
Garage2 spaces
Year Built1951
HeatingNatural Gas
CoolingCentral Air
MLS #11392419
Lot Size0.42 Acres
StatusActive

About 15 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: 1951
  • Living Area: 840 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: No

Lot Features

Lot Information:

  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $804/SqFt

Tax Information:

  • Annual Amount: $4,199
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Bluff, IL.

Med. Sold Price

$682K

Med. Price/SqFt

$296

Avg. Days On Market

11

# of Sold Homes

7

15 Shagbark Rd vs Lake Bluff

968 DAYS ON ROCKET

+957 Days

$675,000

-$7K Less

$804/SqFt

+$507 More

KEY TAKEAWAY

This property is $7K less than the Median Sold Price and $507/SqFt more than other homes in Lake Bluff, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11392419

Listing Office:

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

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/26/2024, 2:16:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 24, 2016Home Sold
$168,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,199$65,809
2019$4,216$64,601
2018$4,076$64,388
2017$4,076$63,312

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.

Nearby Schools

school-card-donut-1648550
7
/10
  • Lake Bluff Elementary School

  • 350 W Washington Ave

  • 0.79 miles

  • Public District Grades PK-6

school-card-donut-1648551
2
/10
  • Forrestal Elementary School

  • 2833 E Washington Ave

  • 1.48 miles

  • Public District Grades KG-3

school-card-donut-1648552
10
/10
  • Sheridan Elementary School

  • 1360 N Sheridan Rd

  • 2.17 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,464. Residents of Lake Bluff, IL typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 15 Shagbark Rd

What is the listing price of this property?

The listing price of 15 Shagbark Rd property is $675,000.

What type of property is this?

The property 15 Shagbark Rd is a house located in Lake Bluff, Illinois, 60044.

Is this property for sale now?

Active Listing: 15 Shagbark Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,199 (source: MLS/based on county public records data).

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

The last sale was on June 24, 2016 for $168,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 15 Shagbark Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 15 Shagbark Rd is 840 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 15 Shagbark Rd is 1951.

Rocket HomesIllinoisLake CountyLake Bluff6004415 Shagbark Rd

This home is located at 15 Shagbark Rd in Lake Bluff, IL and zip code 60044 in the Rockland Manor neighborhood. This 840 square foot home, which was built in 1951, sits on a 0.42 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.

In November 2024 more than 3 listings in Lake Bluff, IL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. The inventory of homes for sale in Lake Bluff, IL between October 2024 and November 2024 increased by 6.7%. In November 2024, listings were on the market for 11 days. During the same period, the median list price in this real estate market was $682,000.

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

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