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Redevelopment Commercial Land Parcel
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14 N Skokie Hwy, Lake Bluff, IL 60044

Land redevelopment opportunity anchored by a former fire station on a major North Shore corridor.

Property SizeContact for details
Days on Market120

Property Features for 14 N Skokie Hwy

General Information

Standard status Active
Property subtype Industrial, Mixed Use, Special Purpose
Listing Agency: Coldwell Banker Commercial Lake Forest
Listed By: John Josephitis · License #IL 475.169297
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 12:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Lake Forest

Investment Insights

Based on property information with market context.

This offering is a commercial land redevelopment parcel with the former Knollwood Fire Station located at 14 N Skokie BLVD in unincorporated Lake Bluff, IL. The seller notes the value is in the land, and the property is positioned as part of a larger nine-parcel assembly of contiguous properties totaling about 3.5 acres of commercial and residential land.

Current zoning is described as General Commercial and Residential, administered through Lake County under current Lake County zoning. The buyer could voluntarily annex into the Village of Lake Bluff, which the seller states may provide financial incentives. The offering memorandum also references possible rezoning of all parcels to be either commercial or residential.

Recent developments mentioned in the remarks include a new Target and Chase Bank plus retail strip malls directly across Route 176 (Rockland Road). The remarks also cite the adjacency to a newly sold Northwestern Medicine building on Route 176 in 2021. The seller indicates future uses may include new retail, medical, multi-family, and drive-thru concepts, subject to approvals.

Key Highlights

  • Land redevelopment offering anchored by the former Knollwood Fire Station at 14 N Skokie Blvd in unincorporated Lake Bluff, IL
  • Zoned for General Commercial and Residential, with current zoning in unincorporated Lake Bluff under Lake County, IL
  • Option to voluntarily annex into the Village of Lake Bluff; Lake Bluff may offer developer financial incentives

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Bakery (Bike/Boat/Book/etc) Store Daycare Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

828
Businesses Nearby

Demographics for 60044, IL

10,244
Population
4,599
Households
2.2
Avg Household Size
43
Median Age
67%
College-Educated
95%
High-School Grad
6.8 sq mi
ZIP Area
1,506
Density / Sq Mi
$127,546
Median Household Income
$81,694
Median Earnings
$1,672
Median Rent
$568,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Land redevelopment opportunity anchored by a former fire station on a major North Shore corridor.
Where is this commercial land located?
The property is located at 14 N Skokie Hwy Lake Bluff, IL.
What are key features of this property?
This property features: Land redevelopment offering anchored by the former Knollwood Fire Station at 14 N Skokie Blvd in unincorporated Lake Bluff, IL; Zoned for General Commercial and Residential, with current zoning in unincorporated Lake Bluff under Lake County, IL; Option to voluntarily annex into the Village of Lake Bluff; Lake Bluff may offer developer financial incentives
(847) 373-1766 Call to check price and availability
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