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    188 Melvin Dr Lake Bluff, IL 60044

    For Sale
    $199,000

    Land - Lake Bluff, IL

    Lot size:
    1.00 Acre
    Days on Market:
    200
    Last Refresh:
    Dec 14 at 8:06 pm

    Property Features for 188 Melvin Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    12172090040000
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    RE/MAX Top Performers (847) 295-0800 [email protected]

    Listing agent Jane Lee (847) 295-0800 License #471004433

    Listing date May 29, 2025

    MLS# 12159489 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rare Wooded Lot in Lake Bluff

    This is a rare one-acre lot with mature trees, situated on a private dead-end road within Arden Shores Estates in Lake Bluff, Illinois. Located east of Green Bay Road, the property offers an opportunity to build a custom home. Soil tests and proposed site development plans are available for serious inquiries. The location provides convenient access to highly-rated schools, shopping, dining options, parks, trails, and the Metra.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Building Supply Gym & Fitness Skin Care Clinic Wholesale Shop Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Bluff
    County
    Lake
    State
    Illinois
    Longitude
    -87.849191
    Latitude
    42.293867

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    FAQs

    What type of property is this?
    Land - One-acre wooded lot in Lake Bluff's Arden Shores Estates.
    Where is this land located?
    The property is located at 188 Melvin Dr Lake Bluff, IL.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Rare 1-acre wooded lot offers privacy and space.; - Located in the desirable Arden Shores Estates of Lake Bluff, east of Green Bay Road.; - Situated on a private dead-end road.
    (847) 295-0800
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    188 Melvin Dr Lake Bluff, IL 60044
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    Lake Bluff, IL 60044
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    188 Melvin Dr Lake Bluff, IL 60044
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