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    42908 N Lewis Ave N Winthrop Harbor, IL 60096

    Under Contract
    For Sale
    $269,975

    Land - Winthrop Harbor, IL

    Lot size:
    15.00 Acres
    Days on Market:
    101
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 42908 N Lewis Ave N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    04081000030000
    Lot size
    15.00 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Plaza (847) 596-6100 [email protected]

    Listing agent Willie Simpson (847) 596-6100 License #475132200

    Listing date Aug 29, 2025

    MLS# 12344943 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

    15 Acres of Cleared Land

    Two tracts of cleared land totaling 15 acres are available. The property is located on the southwest corner of Lewis Avenue and 5th Avenue in Winthrop Harbor, IL. Situated on a major north-south thoroughfare, the land is currently zoned as farmland and presents possibilities for residential development, potentially subdividing into approximately 27 single-family lots. The site is located between two existing subdivisions. Commercial development is also an option. The Village of Winthrop Harbor is open to ideas for the property. The location on Lewis Avenue benefits from a high traffic count.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Accounting Firm HVAC Service Electrical Service Electronics Store Cosmetics Store Mobile Phone Store Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Winthrop Harbor
    County
    Lake
    State
    Illinois
    Longitude
    -87.855661
    Latitude
    42.48521

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    FAQs

    What type of property is this?
    Agricultural land - Two tracts of cleared land with unlimited potential.
    Where is this agricultural land located?
    The property is located at 42908 N Lewis Ave N Winthrop Harbor, IL.
    What is the asking price?
    The asking price for this property is $269,975.
    What are key features of this property?
    This property features: - Two tracts of cleared land totaling 15 acres.; - Located on a major north-south thoroughfare (Lewis Ave) at the corner of 5th Ave.; - High traffic count.
    (847) 596-6100
    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
    42908 N Lewis Ave N Winthrop Harbor, IL 60096
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