Listing Agency: Lee & Associates | Chicago r***@lee-associates.com Show Phone

Listed By: A. Rick Scardino Show Phone

Source: Moodyscre

Added: Aug 22, 2023 Changed: Aug 8 Last Checked: Aug 20 at 8:06AM

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Investment Insights

Based on property information with market context.

This 18.5-acre commercial land is located at the northeast corner of I-94 and Route 173. The property is annexed into Wadsworth and has a commercial zoning designation regulated by an intergovernmental agreement with Lake County, Zion, Wadsworth, and Old Mill Creek, allowing for retail, office, and light manufacturing. The surrounding area is planned for a business park by CenterPoint, which will bring utilities to the location. There is a possibility of a future intersection improvement to a four-way configuration. Due diligence materials are available upon request.

Key Highlights

• Located at the NEC of I‑94 and RT. 173, this site offers high visibility and accessibility.
• Zoned commercial (PUD) allowing for retail, office, and light manufacturing.
• 18.5‑acre site provides ample space for development.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Barber Shop Garden Center Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

861

Businesses Nearby

Explore this area Business Placement

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - 18.5 acre commercial land near I-94 and Route 173.

Where is this land located?

The property is located at 16980 W Il Route 173 Wadsworth, IL.

What are key features of this property?

This property features: Located at the NEC of I‑94 and RT. 173, this site offers **high visibility and accessibility**.; Zoned commercial (PUD) allowing for retail, office, and light manufacturing.; 18.5‑acre site provides ample space for development.