Share This Listing

Message

922 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

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

123 Skokie Highway in Lake Bluff, Illinois, offers a premier 2.5-acre development site with exceptional visibility and direct frontage along U.S. Route 41. This property is ideally suited for industrial users seeking a strategic location with strong regional connectivity. Positioned in unincorporated Lake County, the site provides the advantage of lower property taxes and a business-friendly environment, reducing long-term operating costs.

Attachments

Brochure

Property Facts

Price $2,400,000
Sale Type Investment
Sale Conditions
Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Mixed Use
  • Auto Dealership
  • Auto Repair
  • Bank
  • Bar
  • Carwash
  • Contractor Storage Yard
  • Convenience Store
  • Distribution
  • Drugstore
  • Fast Food
  • Funeral Home
  • Hold For Development
  • Hold For Investment
  • Lumberyard
  • Motel
  • Parking Lot
  • Restaurant
  • Retail Warehouse
  • Service Station
  • Storefront, Retail or Office
  • Strip Center
  • Truck Terminal
  • Warehouse
Total Lot Size 2.50 AC
Zoning GC

1 Lot Available

Lot

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.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 12-19-200-002
  • 12-18-400-109
  • 12-18-400-029
  • 12-19-200-001
  • 12-18-400-028
Land Assessment
$206,238
Improvements Assessment
$15,808
Total Assessment
$222,046
  • Listing ID: 39549388

  • Date on Market: 2/23/2026

  • Last Updated:

  • Address: 123 N Skokie Hwy, Lake Bluff, IL 60044

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}