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Corner Commercial Land Parcel
For Sale
$750,000

12640 W WADSWORTH Road, Beach Park, IL 60087

LAND - Beach Park, IL

Property SizeContact for details
Lot Size1.36 Acres
Days on Market973

Property Features for 12640 W WADSWORTH Road

General Information

Property type Land
Property subtype Other
Zoning COMMR
Subdivision Greenbay Terrace
Elementary school Beach Park Middle School
Middle school Beach Park Middle School
Elementary school district 3
Middle school district 3
High school district 126
Directions NW corner of Wadsworth & Green Bay.
Standard status Active
APN 04303000170000
Lot size 1.36 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 7099

Utilities

Utilities Natural Gas Available
Listing Agency: Century 21 Circle · Century 21 Real Estate
Listed By: Larry Desmond · License #475078663
Added: Dec 18, 2023 Changed: Jul 8 Last Checked: Aug 17 at 6:06AM
MLS# 11923368

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This commercial land parcel is fully developed and includes utilities on site: water, sewer, gas, and electric. It is configured as a corner lot at a busy intersection with recently completed intersection improvements.

The property is located at an intersection in Beach Park, IL, where the listing reports heavy traffic in all directions. The remarks cite an average of nearly 60,000 cars per day based on Village of Beach Park information.

Zoned COMMR, the parcel is also described as zoned commercial B1 within a special overlay and TIF incentive district for economic development. The current positioning supports commercial development concepts such as a strip mall or a fast-food use with a drive-thru, subject to due diligence with the Village of Beach Park regarding zoning and development incentives.

Key Highlights

  • 1.36‑acre corner lot on a busy intersection in Beach Park with utilities on site (water, sewer, gas, and electric).
  • Natural gas available and all utilities are already on site for development.
  • Intersection improvements have recently been completed.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

60,000 VPD
Traffic count
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

185
Businesses Nearby

Demographics for 60087, IL

28,207
Population
10,047
Households
2.8
Avg Household Size
36
Median Age
18%
College-Educated
77%
High-School Grad
13.0 sq mi
ZIP Area
2,170
Density / Sq Mi
$79,162
Median Household Income
$38,929
Median Earnings
$1,294
Median Rent
$185,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Fully developed corner parcel with utilities on site and recently improved intersection access in a commercial district.
Where is this commercial land located?
The property is located at 12640 W WADSWORTH Road 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: 1.36‑acre corner lot on a busy intersection in Beach Park with utilities on site (water, sewer, gas, and electric).; Natural gas available and all utilities are already on site for development.; Intersection improvements have recently been completed.
More about this property
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