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Sandy Basel
Cell: (815) 494-4132

826 Smith Avenue, Lake Bluff, IL 60044

$499,000
  • 826 Smith Avenue, Lake Bluff, IL 60044 Main Photo

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Active
LOT SIZE 0.290 acres MLS#12782308
STATUSActive PROPERTY TYPELand - Commercial SCHOOLDistrict 115

Property Description

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.

826 Smith Avenue | MLS# 12782308

This land located at 826 Smith Avenue, Lake Bluff, IL 60044 is currently listed for sale with an asking price of $499,000. The property has approximately 0.29 Acres. Smith Avenue is located within the District 115 school district. Search Lake Bluff real estate on sbasel.gogambino.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 0.29 Acres
Taxes: $10,603

Feature Descriptions

Current Use: Commercial
Frontage: 100
Frontage Type: State Road
Lot Dimensions: 100 x 125 x 100 x 125
Parcel#: 12183300030000
Possible Use: Commercial, Retail
Road Surface: Asphalt
Township: Shields
Utilities: Electricity Nearby, Sewer Nearby

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: RE/MAX Suburban
Agency Phone: 847-367-8686

Shown By

Agent Name: Sandy Basel
Agent Phone: Cell: (815) 494-4132
Agency Title: Gambino Realtors

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Estimated Payment

$ 3,295.74 per month $2,266.61 Principal & Interest $883.58 Property Tax $145.54 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/25/2026. The listing information on this page last changed on 10/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 10/25/2026 7:10:27 AM EST) or MRED MLS (last updated Sun 10/25/2026 7:05:15 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 10/24/2026 10:18:58 PM EST) or Northern Illinois Commercial Association Realtors (last updated Sat 10/24/2026 2:10:09 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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