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    OFF-MARKET
    Land

    35697 Us Highway 45, Lake Villa, IL 60046

    8.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8.5-acre commercial land parcel presents a unique investment opportunity in Lake Villa, Illinois. Located at 35697 N. US Hwy. 45, this property boasts a highly desirable Planned Unit Development (PUD) zoning designation, offering significant flexibility for a variety of commercial developments. The expansive lot size provides ample space for substantial projects, catering to a wide range of business needs. Strategically situated in Lake County, the property benefits from its annexation by the City of Gurnee, providing access to municipal services and infrastructure. The asking price for this prime commercial land is $1,300,000. Its convenient location along US Highway 45 ensures high visibility and accessibility, making it an ideal site for businesses seeking strong exposure and convenient access for customers and employees. The 60046 zip code further underscores its strategic location within a thriving commercial corridor. This property is ready for development and represents a compelling investment opportunity for discerning buyers seeking a significant land holding in a prime location. Detailed zoning information and development possibilities are available upon request. Don't miss this chance to acquire this exceptional commercial land parcel.

    Property profile
    Verified
    Property type Land
    Lot 8.5 ac (370,260 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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