Redevelopment Land with Operating
515 W Rockland Rd Lake Bluff, IL 60044
For Sale
Contact for pricing
Redevelopment parcel with operating pub, offering substantial frontage on two roads and existing commercial zoning in place.
Lot Size0.21 Acres
Days on Market109
Property Features for 515 W Rockland Rd
General Information
Standard status
Active
Lot size
0.21 Acres
Property subtype
Retail
Listing Agency:
Coldwell Banker Commercial Lake Forest
(847) 373-1766
Listed By:
John Josephitis · License #IL 475.169297
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 8:32AM
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.
Redevelopment land offered with Donelli’s Pub currently open and operating as a restaurant and pub. The offering includes a 9,360-square-foot parcel with approximately 80 feet of frontage on Route 176 (Rockland Road) and approximately 117 feet of frontage on Shagbark Road.
The property is located in unincorporated Lake Bluff, under current Lake County zoning, and is described as having general commercial and residential zoning in place. The buyer could voluntarily annex into the Village of Lake Bluff, where the remarks indicate the village may offer financial incentives.
Recent development across Route 176 (Rockland Road) includes new Target and Chase Bank plus retail strip malls, and an adjacent Northwestern Medicine building that sold in 2021 is also referenced as being directly across the street. The seller notes the value is in the land and indicates this offering is part of a larger eight-parcel assembly of contiguous properties totaling 2.75 acres, with possible rezoning to commercial or residential uses for all parcels.
The property is located in unincorporated Lake Bluff, under current Lake County zoning, and is described as having general commercial and residential zoning in place. The buyer could voluntarily annex into the Village of Lake Bluff, where the remarks indicate the village may offer financial incentives.
Recent development across Route 176 (Rockland Road) includes new Target and Chase Bank plus retail strip malls, and an adjacent Northwestern Medicine building that sold in 2021 is also referenced as being directly across the street. The seller notes the value is in the land and indicates this offering is part of a larger eight-parcel assembly of contiguous properties totaling 2.75 acres, with possible rezoning to commercial or residential uses for all parcels.
Key Highlights
- 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)
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Redevelopment parcel with operating pub, offering substantial frontage on two roads and existing commercial zoning in place.
Where is this commercial land located?
The property is located at 515 W Rockland Rd Lake Bluff, IL.
What are key features of this property?
This property features: 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)
