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37696 N IL Rt 59
Lake Villa, IL 60046

Price Upon Request

Land For Sale  •  5.88 AC

Property Details

  • Property Type Land
  • Lot Size 5.88 AC
  • Zoning GC/MIX-USE/Apartmnt-Condo
0 Transit Score
10 Walk Score

Description

5.88 Acres /12 Lots/15 Parcels/ Lot Numbers 33-44 Including Outlot "B" (PINs 05-01-209-018 through 030) plus Outlot "C" & "D" (PINs 05-012-09-008 & 05-012-09-017)
Multi-Use Commercial/Retail/Office/ Apartment-Condo, fully improved with both Sanitary/Storm Sewers, and Fire Hydrants already installed (PDF Drawings Attached), Lake Michigan water and all utilities to development site located in the Amber Shores Subdivision with 1,140 Ft of road frontage on IL Route 59. 

On Aug 10, 2026 we met with Lake County Planning, Building & Development, regarding the progressive growth plan for the property, and confirmed that a multi-use development featuring first-floor retail and second-floor residential would be acceptable, and would not require rezoning, and then suggested scheduling a virtual early assistance meeting with the planners and engineers. To assist with site plan ideas and drawings, we have attached the engineering plans(See PDF) confirming the installed storm sewers, sanitary sewers, and fire hydrants for the Amber Shores Subdivision.

We also confirmed several critical factors that significantly enhance the development value of the subdivision:

  - Floodplain Status: All 12 lots are 100% outside the 100-year floodplain boundary, eliminating the need for mandatory FEMA flood insurance and allowing for standard construction with traditional basements.
  - Gravity-Feed Sewer: The site can utilize gravity-feed sewer lines, removing the requirement for a costly municipal lift station or grinder pump facility and saving an estimated $60,000 to $120,000+ in upfront costs.
  - Setback Confirmation: The street yard setback for the General Commercial zoning district was previously reduced from 50 feet to 30 feet, providing an additional 20 feet of buildable depth.
  - Utility Access: Municipal mains are located directly on N. Grand Ave and N. Amber Way, ensuring no off-site extension costs.

ZONED: General Commercial/Multi-Use/Business/Office/Retail/Apartment-Condo
UTILITIES TO SITE: Yes, Including Lake Michigan Water to site.
SURVEY AVAILABLE: Yes, See attached PDF which includes Topography Survey
SOIL TEST AVAILABLE: Yes, Upon Request

Highlights

5.88-acre mixed-use site with 1,140 feet of Route 59 frontage, installed utilities, and no rezoning required, for a shovel-ready opportunity.
Located within the established Amber Shores community, surrounded by completed homes, open space, and planned mixed-use growth opportunities.
Entitled development site with surrounding, established residential momentum, and a clear path to robust return on investment.
5-mile demographics indicate a growing population of 115,573 with an affluent average household income exceeding $113,500.
Chicago's diversified economy, Fortune 500 presence, and unmatched transportation network create demand for mixed-use commercial development.

Public Transportation

Commuter RailDriveWalkDistance
Lake Villa Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.8 mi
Ingleside Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 3.3 mi
AirportDriveWalkDistance
Chicago O'Hare International 78 min - 46.9 mi
Kenneth Eichelberger 847-533-7144 JC Forney Realty Inc
Kenneth Eichelberger 847-533-7144 JC Forney Realty Inc