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Garrett Johnson

homesbygarrett@gmail.com +1(847) 337-1157

$2,999,999

Est. payment - /mo

7.44 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12618820

Annual Tax Amount $35,383

Tax Year 2024

Lot Size 7.440 Acres

Lot Dimensions 1026 X 366

Property Sub-Type Land

Property Description

The hard corner of US Highway 45 and East Grand Avenue (Route 132) is one of the last developable, build-ready commercial parcels on this corridor - 7.44 acres, CB-zoned, utilities to the site, and approximately 15,000 vehicles per day at a lighted intersection. This is not a speculative location. Two residential projects are already delivering rooftops directly to this trade area: a 70-unit luxury townhome complex immediately to the west and a 55+ community now under construction. Average household incomes within the immediate trade area exceeds Lake County average. The demand infrastructure is already in place. The site is flat, fully served (sewer, water, electric, gas), and zoned Community Business - a classification that accommodates quick-serve restaurants, medical and professional office, convenience retail, multi-tenant strip development, and drive-through uses without variance. The seller is actively open to parcel division, build-to-suit lease structures, or joint venture arrangements. This is a rare opportunity to control the corner - and shape what gets built on it.

Location

State IL

County Lake

Area Lake Villa / Lindenhurst

Interior

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Water Available

Building

Dwelling Type Land

Schools

School District 24 , 24, 117

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Anna Linscheid of Keller Williams North Shore West

Nearby School & Business

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Garrett Johnson

+1(847) 337-1157

Agent License ID: 475.188206

40 US Highway 45 HWY Lindenhurst, IL 60046

Garrett Johnson

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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