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    12640 W Wadsworth Rd Beach Park, IL 60087

    Sponsored
    For Sale
    $750,000

    LAND - Beach Park, IL

    Lot size:
    1.36 Acres
    Days on Market:
    21
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 12640 W Wadsworth Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    04303000170000
    Lot size
    1.36 Acres

    Utilities

    Utilities
    Natural Gas Available

    Century 21 Maki United (847) 336-7333 [email protected]

    Listing agent Larry Desmond (847) 997-9224

    Listing date Dec 16, 2025

    MLS# 11923368 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lot in Beach Park

    This 1.36-acre corner lot is located at a busy intersection with high visibility due to heavy traffic in all directions. The Village of Beach Park reports an average traffic count of nearly 60,000 cars per day. The property is fully developed with all utilities on site, including water, sewer, gas, and electric. Intersection improvements have recently been completed. Zoned commercial B1 within a special overlay and TIF incentive district, the property presents an opportunity for economic development. Potential uses include a strip mall or fast food establishment with a drive-thru. Interested parties should consult the Village of Beach Park for zoning use requirements and development incentives. Owner financing is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness Pharmacy Auto Parts Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beach Park
    County
    Lake
    State
    Illinois
    Longitude
    -87.877189
    Latitude
    42.428928

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    FAQs

    What type of property is this?
    Commercial land - 1.36 acre corner lot with high traffic visibility.
    Where is this commercial land located?
    The property is located at 12640 W Wadsworth Rd Beach Park, IL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - High-traffic corner lot with approximately 60,000 cars per day.; - Fully developed 1.36-acre lot with all utilities on site.; - Zoned commercial B1 within a special overlay and TIF incentive district.
    (847) 997-9224
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12640 W Wadsworth Rd Beach Park, IL 60087
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