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.
Details
MLS #
12618820
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
165
Listing Provided By
Keller Williams North Shore West | Anna Linscheid
Features
Acreage
7.44
Utilities
Utilities
Electric to Site, Natural Gas Available, Water Available
Taxes
Tax Year
2024
Tax Annual Amount
35383
Area Information
State
IL
County
Lake
City
Lindenhurst
Zip Code
60046
Area
Lake Villa | Lindenhurst
Listing VS Median (in 60046)
Price: $2,999,999
low | high
Med: $387,500
100% of Average
On site: 165
low | high
Med: 24
100% of Average
Sourced by Back At You
Market Activity 60046
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 8
Avg $ Per SqFt: $239.01
Min Sale Price: $280,000
Max Sale Price: $430,000
Med Sale Price: $367,500
Date: Jul 2026
Sales: 32
Avg $ Per SqFt: $209.92
Min Sale Price: $165,000
Max Sale Price: $660,000
Med Sale Price: $347,500
Date: Jun 2026
Sales: 42
Avg $ Per SqFt: $198.89
Min Sale Price: $165,000
Max Sale Price: $624,500
Med Sale Price: $336,250
Date: May 2026
Sales: 36
Avg $ Per SqFt: $211.01
Min Sale Price: $45,000
Max Sale Price: $567,520
Med Sale Price: $372,500
Date: Apr 2026
Sales: 48
Avg $ Per SqFt: $200.82
Min Sale Price: $100,000
Max Sale Price: $658,517
Med Sale Price: $407,500
Date: Mar 2026
Sales: 36
Avg $ Per SqFt: $197.91
Min Sale Price: $85,000
Max Sale Price: $920,000
Med Sale Price: $350,501
Date: Feb 2026
Sales: 28
Avg $ Per SqFt: $194.64
Min Sale Price: $220,000
Max Sale Price: $710,000
Med Sale Price: $362,500
Date: Jan 2026
Sales: 31
Avg $ Per SqFt: $201.11
Min Sale Price: $125,000
Max Sale Price: $599,900
Med Sale Price: $361,000
Date: Dec 2025
Sales: 9
Avg $ Per SqFt: $163.69
Min Sale Price: $245,400
Max Sale Price: $567,355
Med Sale Price: $315,000
Date: Nov 2025
Sales: 23
Avg $ Per SqFt: $193.28
Min Sale Price: $205,000
Max Sale Price: $540,000
Med Sale Price: $372,000
Date: Oct 2025
Sales: 24
Avg $ Per SqFt: $181.32
Min Sale Price: $135,000
Max Sale Price: $505,000
Med Sale Price: $352,450
Date: Sep 2025
Sales: 33
Avg $ Per SqFt: $206.86
Min Sale Price: $210,000
Max Sale Price: $897,000
Med Sale Price: $359,900
Sourced by Back At You
Aug 2026
Sales:
8
Avg $ Per SqFt:
$239.01
Min Sale Price:
$280,000
Max Sale Price:
$430,000
Med Sale Price:
$367,500
Jul 2026
Sales:
32
Avg $ Per SqFt:
$209.92
Min Sale Price:
$165,000
Max Sale Price:
$660,000
Med Sale Price:
$347,500
Jun 2026
Sales:
42
Avg $ Per SqFt:
$198.89
Min Sale Price:
$165,000
Max Sale Price:
$624,500
Med Sale Price:
$336,250
May 2026
Sales:
36
Avg $ Per SqFt:
$211.01
Min Sale Price:
$45,000
Max Sale Price:
$567,520
Med Sale Price:
$372,500
Apr 2026
Sales:
48
Avg $ Per SqFt:
$200.82
Min Sale Price:
$100,000
Max Sale Price:
$658,517
Med Sale Price:
$407,500
Mar 2026
Sales:
36
Avg $ Per SqFt:
$197.91
Min Sale Price:
$85,000
Max Sale Price:
$920,000
Med Sale Price:
$350,501
Feb 2026
Sales:
28
Avg $ Per SqFt:
$194.64
Min Sale Price:
$220,000
Max Sale Price:
$710,000
Med Sale Price:
$362,500
Jan 2026
Sales:
31
Avg $ Per SqFt:
$201.11
Min Sale Price:
$125,000
Max Sale Price:
$599,900
Med Sale Price:
$361,000
Dec 2025
Sales:
9
Avg $ Per SqFt:
$163.69
Min Sale Price:
$245,400
Max Sale Price:
$567,355
Med Sale Price:
$315,000
Nov 2025
Sales:
23
Avg $ Per SqFt:
$193.28
Min Sale Price:
$205,000
Max Sale Price:
$540,000
Med Sale Price:
$372,000
Oct 2025
Sales:
24
Avg $ Per SqFt:
$181.32
Min Sale Price:
$135,000
Max Sale Price:
$505,000
Med Sale Price:
$352,450
Sep 2025
Sales:
33
Avg $ Per SqFt:
$206.86
Min Sale Price:
$210,000
Max Sale Price:
$897,000
Med Sale Price:
$359,900
MLS Number: 12618820
Anna Linscheid – (847) 721-2662 – annalinn@kw.com
Keller Williams North Shore West – (847) 383-6600
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