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49 Sherwood Drive Lake Bluff, IL $ 2,995,000
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$ 2,995,000 Get more info
49 Sherwood Drive
$ 2,995,000
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Share Save

49 Sherwood Drive

Lake Bluff, IL, 60044
$ 2,995,000
Baths0.0 Sq 31,783

Monthly Estimate*

$ 19,906

49 Sherwood Drive, Lake Bluff, IL 60044 - Image 1
49 Sherwood Drive, Lake Bluff, IL 60044 - Image 2
49 Sherwood Drive, Lake Bluff, IL 60044 - Image 3
49 Sherwood Drive, Lake Bluff, IL 60044 - Image 4
49 Sherwood Drive, Lake Bluff, IL 60044 - Image 5
49 Sherwood Drive, Lake Bluff, IL 60044 - Image 6
49 Sherwood Drive, Lake Bluff, IL 60044 - Image 7
Studio

Commercial Property for sale in Lake Bluff, IL

for $2,995,000. This 31,783 square foot building was built in 1960 on a lot size of 2.83.

Evergreen, located at 49-51 Sherwood Terrace, offers investors an excellent opportunity to own an historically high-occupancy, multi-tenant suburban office park in Lake Bluff, IL. Consisting of two, single-story buildings, on 2.83 acres, Evergreen includes 31,783 net leasable square feet across 32 office suites. Individual unit sizes range from 400 to over 3,000 SF and are fully sprinklered. The property is currently 92.56% leased. This building can be purchased as part of a 3-building portfolio. The other properties are: 2504 Washington St., Waukegan & 325 Washington St., Waukegan.

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Commercial Active

Price

$ 2,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 44,823

Style

Lot Size

2.83

Year Built

1960

Town/City

Lake Bluff

County/Region

Lake

MLS | Web ID

11492918
Features
General
Cooling Central Air
Zoning OFFIC
Construction Materials Brick
Year Built 1960
Electric Service - 101 to 200 Amps
Tenant Pays Air Conditioning Electricity Heat
Stories 1
Property SubType Office
Tax Year 2021
Gross Income 372788
County Lake
Net Operating Income 247153
Operating Expense 125634
Property Type Commercial Sale Office/Tech
Status Active
Directions E. Park Ave (IL Rte. 176) east or west to Waukegan Rd. then south on Waukegan Rd. to N. Shore Dr. Turn left on N. Shore Dr. then right on Sherwood Terrace to property.
City Lake Bluff
NumberOfUnitsTotal 32
MLS Area Lake Bluff
Lot Size Square Feet 123362
Street Name Sherwood
Tax Annual Amount 44823
Additional Parcels Y/N N
Leasable Area 3916
Days on Market 505
Standard Status Active
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Exterior
Building Area Total 31783
Lot Dimensions 291.1 X 441.3 X 296.9 X 422.8
Lot Size Acres 2.83
Exterior Brick
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Interior
Street Suffix Drive
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* Excluded Features
List By
Kinzie Brokerage Llc

Broker

smaher@kinziegroup.com

Email

Affordability Calculator

$23,641
Per Month
84%
16%
0%
Monthly Principal & Interest
$19,906
Monthly Property Taxes
$3,735
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/12/2023$2,995,000 -9.10% Price Down
8/16/2022$3,295,000 Listed Price

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49 Sherwood Drive, Lake Bluff, IL, 60044 is a Commercial Property for sale at $2,995,000 with 31,783 sqft and a lot size of 2.83. 49 Sherwood Drive is a studio with 0.0 baths and was built in 1960. The property's zip code is 60044 which is in Lake Bluff, IL

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