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Lake Bluff, IL

Commercial

Lake Bluff, IL Commercial Land for Sale

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Lake Forest, IL North Chicago, IL Libertyville, IL Chicago, IL Waukegan, IL Green Oaks, IL Mettawa, IL Highwood, IL

Redevelopment Land with Operating Pub

Updated: Apr 11

Redevelopment Land with Operating Pub

515 Rockland Road, Lake Bluff, IL 60044

$735,000

0.21 AC lot

9,360 SF parcel for redevelopment at 515 Rockland Road, Lake Bluff, IL
80 ft frontage on Route 176 (Rockland Road) and 117 ft frontage on Shagbark Road
Donellis Pub is currently open and operating as a restaurant and pub (please do not disturb)
General commercial and residential zoning in place; unincorporated Lake Bluff with current Lake County zoning
Buyer could voluntarily annex into the Village of Lake Bluff; Lake Bluff willing to offer financial incentives

Lake Bluff Redevelopment Land Opportunity

Updated: May 25, 2022

Lake Bluff Redevelopment Land Opportunity

8 N Skokie Hwy, Lake Bluff, IL 60044

Contact for pricing

2.75 AC lot

Prime redevelopment land opportunity in the North Shore market.
Potential for financial incentives from the Village of Lake Bluff.
Located in a thriving commercial corridor.
Existing zoning allows for diverse redevelopment possibilities.
Opportunity to assemble a larger 2.75‑acre contiguous property.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Bluff, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Land with Signalized Access

Commercial Land with Signalized Access

1750 North Milwaukee Avenue, Vernon Hills, IL 60061

Contact for pricing

48,352 sqft

Outparcel positioned within an established retail setting with access to prominent national and regional shopping anchors.

Commercial Land

Commercial Land

3298 7th Street, Park City, IL 60085

Contact for pricing

Commercial land positioned beside established retail, service, and civic destinations.

Commercial Land at Busy Intersection

Commercial Land at Busy Intersection

3298 7th Street, Park City, IL 60085

Contact for pricing

Development site positioned beside established retail, service, and civic uses.

Prime Retail Land For Sale

Prime Retail Land For Sale

1820 N Milwaukee Ave, Vernon Hills, IL

Contact for pricing

6.10 AC lot

Commercial land with high visibility and flexible development options.

Off-Market Properties in Lake Bluff, IL

Consider similar Off-Market properties in Lake Bluff, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

900 Wn Shr Dr

VACANT COMMERCIAL LAND

900 Wn Shr Dr, Lake Bluff, IL 60044-2243

Estimated value:

$16,210,000

1.28 AC lot

2 Waukegan Rd

VACANT COMMERCIAL LAND

2 Waukegan Rd, Lake Bluff, IL 60044-1668

Estimated value:

$1,200,000

0.13 AC lot

2 Waukegan Rd

VACANT COMMERCIAL LAND

2 Waukegan Rd, Lake Bluff, IL 60044-1668

Estimated value:

$1,080,000

0.19 AC lot

12598 Barry Ave

VACANT COMMERCIAL LAND

12598 Barry Ave, Lake Bluff, IL 60044

Estimated value:

$5,775,000

0.14 AC lot

100 Skokie Hwy

VACANT COMMERCIAL LAND

100 Skokie Hwy, Lake Bluff, IL 60044-1790

Estimated value:

$1,010,000

0.13 AC lot

715 Rockland Rd

VACANT COMMERCIAL LAND

715 Rockland Rd, Lake Bluff, IL 60044-2216

Estimated value:

$280,000

0.13 AC lot

119 Skokie Hwy

VACANT COMMERCIAL LAND

119 Skokie Hwy, Lake Bluff, IL 60044-1741

Estimated value:

$1,395,000

1.07 AC lot

117 Skokie Hwy

VACANT COMMERCIAL LAND

117 Skokie Hwy, Lake Bluff, IL 60044-1741

Estimated value:

$1,390,000

0.19 AC lot

113 Skokie Hwy

VACANT COMMERCIAL LAND

113 Skokie Hwy, Lake Bluff, IL 60044-1741

Estimated value:

$1,395,000

0.28 AC lot

115 Skokie Hwy

VACANT COMMERCIAL LAND

115 Skokie Hwy, Lake Bluff, IL 60044-1741

Estimated value:

$1,395,000

0.69 AC lot

717 Rockland Rd

VACANT COMMERCIAL LAND

717 Rockland Rd, Lake Bluff, IL 60044-2216

Estimated value:

$1,185,000

0.13 AC lot

14 Shagbark Rd

VACANT COMMERCIAL LAND

14 Shagbark Rd, Lake Bluff, IL 60044-1729

Estimated value:

$8,685,000

0.41 AC lot

525 Rockland Rd

VACANT COMMERCIAL LAND

525 Rockland Rd, Lake Bluff, IL 60044-1778

Estimated value:

$8,680,000

0.49 AC lot

131 Skokie Hwy

VACANT COMMERCIAL LAND

131 Skokie Hwy, Lake Bluff, IL 60044-1741

Estimated value:

$285,000

0.42 AC lot

125 Skokie Hwy

VACANT COMMERCIAL LAND

125 Skokie Hwy, Lake Bluff, IL 60044-1741

Estimated value:

$280,000

0.02 AC lot

235 Skokie Hwy

VACANT COMMERCIAL LAND

235 Skokie Hwy, Lake Bluff, IL 60044

Estimated value:

$285,000

1.64 AC lot

826 Smith Ave

VACANT COMMERCIAL LAND

826 Smith Ave, Lake Bluff, IL 60044-1642

Estimated value:

$450,000

0.14 AC lot

625 Rockland Rd

VACANT COMMERCIAL LAND

625 Rockland Rd, Lake Bluff, IL 60044-1726

Estimated value:

$1,145,000

0.42 AC lot

625 Rockland Rd

VACANT COMMERCIAL LAND

625 Rockland Rd, Lake Bluff, IL 60044-1726

Estimated value:

$1,145,000

0.07 AC lot

33 Waukegan Rd

VACANT COMMERCIAL LAND

33 Waukegan Rd, Lake Bluff, IL 60044-1664

Estimated value:

$275,000

0.14 AC lot

300 Rockland Rd

VACANT COMMERCIAL LAND

300 Rockland Rd, Lake Bluff, IL 60044-1813

Estimated value:

$305,000

2.30 AC lot

721 Rockland Rd

VACANT COMMERCIAL LAND

721 Rockland Rd, Lake Bluff, IL 60044-2216

Estimated value:

$270,000

0.03 AC lot

Lake Bluff, IL Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Lake Bluff, IL on our real estate platform. These investment opportunities span a total of 128,938 square feet of properties for sale, with an estimated market value of $735,000.

Sale prices for commercial lots in Lake Bluff, IL average $735,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 10K

Population Growth (5Y) +2.9%

Median Household Income $127,546

College Educated 97.6%

High-Yield Neighborhoods for Investment

Identify Lake Bluff submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60044	$735K

Taxes & Financing

Tax Rate (average for all types) 7.79%

Property Tax per SF $72.06 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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