Listing provided courtesy of Berkshire Hathaway HomeServices ChicagoMREDas Distributed by MLSGrid- MLS# 10748300 Sold by CompassMLS Provider

500 Arden Shore RoadLake Bluff, IL 60044

Vacant Land · 25.00 Acres
$6,050,000 Closed
Closed on 12/4/2020

500 Arden Shore Road Overview

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In a time of Social Distancing, this 25 acre vacant property on Lake Michigan redefines Luxury. It's simply extraordinary: once it's gone, there will never be another like it. This 25+-? acre lakefront property -- with approximately 400' frontage on the shores of Lake Michigan and amazing skyline views of the City of Chicago -- offers the rare opportunity to create one or two spectacular lakefront homes, a family compound, or perhaps an equestrian estate on the lake. Wind thru towering trees, virgin forest and meadow to reach a spectacular clearing for your new homesite(s). A gentle, newly-restored bluff leads to the protected shoreline, with possibilities galore to create lakeside decks for entertaining and easy waterfront access. On a clear day, the view of the Chicago skyline is spectacular. Settle here, amidst the historic estates of prominent captains of industry. Property adjoins Shore Acres Country Club, with sweeping golf course views on the west & north. The current Country Estate Zoning, 4-1/2 acre minimum, allows for subdivision.

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500 Arden Shore Road Facts & Features

  • Type Vacant Land
  • Lot 25.00 Acres

Details

General

School Information

  • School District: 115
  • Elementary School: Lake Bluff Elementary School
  • Middle Or Junior School: Lake Bluff Middle School
  • High School: Lake Forest High School

Listing Information

  • Short Sale: Not Applicable

Business Information

  • Current Use: Estate,Single Family

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Lake Bluff
  • Township: Shields

Tax Information

  • Tax Annual Amount: $70,465.25
  • Tax Year: 2019

General Information

  • Ownership: Fee Simple
  • Parcel Number: 12161010070000
  • Possible Use: Estate,Development,Residential,Single Family
  • Property Type: Land
  • Special Listing Conditions: Exceptions-Call List Office,List Broker Must Accompany
  • Zoning: SINGL

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Length: 851
  • Frontage Type: Private Road
  • Lot Size Acres: 25
  • Lot Size Dimensions: 851X1898X207+400X1916
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: Yes

General Information

  • Utilities: Electric Nearby,Gas Nearby

500 Arden Shore Road Neighborhood

Community

60044 (Lake Bluff) Demographics

43
Median Age
1,134
Population Density (per sq. mile)
73%
College Educated
$98,080
Estimated Median Income
2,780
Estimated Total Home Owners
1,504
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

500 Arden Shore Road Market Data

Based on the last 30 days in this zip code

$1,098,278
Average List Price
$443
Average Price per Square Foot
19
Properties Sold
62
Average Days on Market
42
Properties for Sale
Calculations provided by Reliance Network

500 Arden Shore Road History

Date Event Value Agent
6/20/2022Source: MRED Added to Database
January 27, 2022
Deborah Fischer
Listing Agent