About This Home

This land at 826 Smith Avenue in Lake Bluff, IL is listed for $499,000 (0.29 acres).

Key Features

  • 0.29 acre lot
Listing 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.

Location

826 Smith Avenue

Lake Bluff, IL 60044

Questions & Answers

This 0-bedroom, 0-bathroom land at 826 Smith Avenue is listed at $499,000. The estimated monthly payment is $2,669 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.29 acre lot.

This property is listed by Jason Bitton.

JB

Jason Bitton

Agent at REMAX Suburban

Listed by REMAX Suburban · Broker phone: (847) 259-0202 · View on Broker Site · Broker website

MLS# 12782308· Source: Midwest Real Estate Data, LLC· 15 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

826 Smith Avenue, Lake Bluff, IL 60044

Open this listing in: