826 Smith Avenue, Lake Bluff, IL

$499,000

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0.29

Acres

About 826 Smith Avenue

Waukegan Rd (IL-43) Commercial Pad | 12,500 SF Zoned GC | Sale, Ground Lease or Build-to-Suit. 12,500 SF (0.29 acre) commercial lot with 100 feet of frontage on Waukegan Road in unincorporated Lake County, with a Lake Bluff address. For sale at $499,000; ground lease at $4,000 per month ($48,000 per year) NNN with rent increases every 5 years; or build-to-suit from $130,000 per year NNN, depending on the building. The two lots total 100 ft x 125 ft, with a platted alley along the rear. Zoned GC General Commercial. The county's use table lists restaurant or coffee shop, retail, office and medical office as permitted uses, subject to county site plan review. Building, engineering and IDOT access permits also apply. County standards allow up to 3,750 SF of building (0.30 FAR) and a height of up to 35 ft. Under the county's parking table, the lot supports roughly 3,000 SF of retail or up to 3,750 SF of office, subject to county review. Waukegan Rd carries 20,400 vehicles per day (IDOT, 2025). Rockland Rd (IL-176) is a quarter mile south. Water from Lake County Public Works; sewer from the North Shore Water Reclamation District. Outside the 100-year floodplain. An older house and garage are on site today. Buyer or tenant to verify all information, including zoning and permitted uses with Lake County.

Features of 826 Smith Avenue

MLS® # 12782308
Price $499,000
Bathrooms 0.00
Acres 0.29
Type Land
Sub-Type Land
Status New

Community Information

Address 826 Smith Avenue
Area Lake Bluff
City Lake Bluff
County Lake
State IL
Zip Code 60044

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

School Information

District 115
Elementary Lake Bluff Elementary School
Middle Lake Bluff Middle School
High Lake Forest High School

Additional Information

Days on Market 1
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Suburban

Listing Map

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