826 Smith Avenue, Lake Bluff, IL 60044

Lake Bluff
Local realty services provided by:Results Realty ERA Powered
826 Smith Avenue,Lake Bluff, IL 60044
$499,000
  • 0.29 Acres
  • Lots / Land
  • Active
Listed by: jason bitton
Office: re/max suburban
MLS#:12782308
Source:MLSNI

Price summary

  • Price:$499,000

About this home

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,...

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Home facts

  • Listing ID #:12782308
  • Updated:October 22, 2026 at 11:28 AM

Structure and exterior

  • Lot area:0.29 Acres

Schools

  • High school:Lake Forest High School
  • Middle school:Lake Bluff Middle School
  • Elementary school:Lake Bluff Elementary School

Finances and disclosures

  • Price:$499,000
  • Tax amount:$10,603 (2025)
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