Prime 8.5-acre corner development site on high-visibility U.S. Route 45 in unincorporated Lake Villa! Excellent exposure with dual frontage and easy access from both directions. Ideal for retail, mixed-use, or commercial projects-surrounded by growing residential neighborhoods, schools, and businesses. Strong daily traffic counts and nearby utilities enhance development potential. Located in a rapidly expanding corridor, this property offers endless opportunities for developers, builders, and investors seeking a high-impact site in Lake County's growth path. A Due Diligence plan is completed and available with requests.
Active
$975,900
35697 N Us Highway 45, Lake Villa, IL 60046
--beds
--baths
8.44Acres
Unimproved Land
Built in ----
8.44 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Dual frontageCorner development siteEasy accessNearby utilities
- 275 days |
- 32 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Nicholas Hansen 708-214-6425,
Home One Realty
Source: MRED as distributed by MLS GRID,MLS#: 12506539
Facts & features
Interior
Features
- Basement: None
Property
Features
- Frontage type: Other
- Frontage length: 600
Lot
- Size: 8.44 Acres
- Dimensions: 500x651x600x320x89
Details
- Parcel number: 07181000420000
- Zoning: AGRIC
- Special conditions: None
Utilities & green energy
- Utilities for property: Other
Community & HOA
Location
- Region: Lake Villa
Financial & listing details
- Tax assessed value: $186,535
- Annual tax amount: $5,858
- Date on market: 10/29/2025
- Ownership: Fee Simple
- Road surface type: Other
Estimated market value
Not available
Estimated sales range
Not available
$1,690/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2025 | Listed for sale | $975,900 |
Source:  MRED as distributed by MLS GRID #12506539 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,858 +6.9% | $72,455 +16.5% |
| 2023 | $5,480 +190.9% | $62,172 +7.7% |
| 2022 | $1,884 +10.3% | $57,722 +204.2% |
| 2021 | $1,708 +3.8% | $18,974 +6.8% |
| 2020 | $1,646 +1.8% | $17,765 +3% |
| 2019 | $1,616 -60.3% | $17,249 -61.4% |
| 2018 | $4,072 | $44,658 +3% |
| 2017 | $4,072 +2.5% | $43,378 +4.7% |
| 2016 | $3,971 -1.8% | $41,447 +5.4% |
| 2015 | $4,042 +3.1% | $39,309 +0.6% |
| 2014 | $3,922 +5.9% | $39,075 -0.8% |
| 2012 | $3,702 +10.7% | $39,374 -7.5% |
| 2011 | $3,343 +4.6% | $42,554 +0.6% |
| 2010 | $3,196 -49.6% | $42,317 -53.6% |
| 2009 | $6,343 +3.3% | $91,281 -0.2% |
| 2008 | $6,138 +21.8% | $91,469 +24% |
| 2006 | $5,040 -1.2% | $73,753 |
| 2005 | $5,099 -5.5% | -- |
| 2004 | $5,396 +5.8% | -- |
| 2002 | $5,098 +112.2% | -- |
| 2001 | $2,403 -52.6% | $64,935 -4.5% |
| 2000 | $5,064 | $67,978 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 60046
Nearby schools
GreatSchools rating
- 5/10Woodland Intermediate SchoolGrades: 4-5Distance: 2.3 mi
- 5/10Woodland Middle SchoolGrades: 6-8Distance: 3.5 mi
- 9/10Warren Township High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Woodland Intermediate School
- Middle: Woodland Middle School
- High: Warren Township High School
- District: 50
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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