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123 N Skokie Hwy - On Route 41-Commercial/Industrial/IOS 2.5 Acres of Industrial Land Offered at $2,400,000 in Lake Bluff, IL 60044



Investment Highlights
- 2.5-acre site with direct frontage and access on U.S. Route 41.
- Surrounded by industrial properties in a strong business corridor.
- Currently a Motel/Convenience Store
- Concept plans and engineering proposals in place for industrial development.
- Positioned between Chicago and Milwaukee with excellent transportation access.
Executive Summary
Property Facts
| Price | $2,400,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Industrial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 2.50 AC |
| Zoning | GC | ||
| Price | $2,400,000 |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 2.50 AC |
| Zoning | GC |
1 Lot Available
Lot
| Price | $2,400,000 | Lot Size | 2.50 AC |
| Price Per AC | $960,000.00 |
| Price | $2,400,000 |
| Price Per AC | $960,000.00 |
| Lot Size | 2.50 AC |
This 2.5-acre site at 123 Skokie Highway in Lake Bluff, Illinois, presents a prime opportunity for industrial development in a high-visibility location. Positioned along U.S. Route 41 with direct frontage and access.
Description
Lake County’s strategic position between Chicago and Milwaukee offers unparalleled access to major transportation routes, including nearby interstates and regional airports. The area boasts a strong labor force, modern infrastructure, and a diverse industry mix, making it a highly desirable location for businesses seeking growth and operational efficiency. With its excellent visibility, flexible development potential, and cost advantages, this site represents a rare opportunity in a thriving industrial corridor.
Property Taxes
| Parcel Numbers | Improvements Assessment | $15,808 | |
| Land Assessment | $206,238 | Total Assessment | $222,046 |
