826 Smith Ave

Lake Bluff, IL 60044
  • $499,000

    Price
  • 0.29

    Acre

About the Listing 29003 - 248545

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.

Listing Highlights for 826 Smith Ave

Status Active
Days on Site 0
Property Type Vacant Land
MLS ® 12782308
Year Built
Lot/Acreage 0.29
County Lake
School District 65
Elementary School Lake Bluff Elementary School
Middle School Lake Bluff Middle School

Interior Details

  • Appliances:
  • Air Cond:
  • Heating:
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  • Floor:
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  • Water: Municipal Water

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 100 x 125 x 100 x 125
  • Zoning: COMMR
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $10,603
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 12183300030000
  • Tax Year: 2025

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Listing Location

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826 Smith Ave Lake Bluff, IL 60044

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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