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Commercial Land at Corner Intersection

12640 W Wadsworth Road, Beach Park, IL 60087

For Sale
$750,000

The 1.36-acre parcel has water, sewer, gas, and electric service on site.

Property SizeContact for details
Days on Market20

Property Features for 12640 W Wadsworth Road

General Information

Standard status Active
Property subtype Land
Zoning COMMR

Taxes and HOA fees

Annual Taxes $7,098

Amenities

Municipal Water
City Street,County Road,Public Road
225X37X214X250X258
1.36
No
225
Asphalt
Listing Agency: Century 21 Circle
Listed By: Robi Neupane
Source: Kawashgroup
Added: Oct 21 Changed: Nov 7 Last Checked: Nov 8 at 8:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Circle

Rey
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Investment Insights

Based on property information with market context.

This 1.36-acre commercial land parcel occupies a corner at W Wadsworth Road in Beach Park. Water, sewer, gas, and electric service are on site, and the property is described as fully developed. The surrounding roads include city streets and county roads, with asphalt noted among the site features.

The intersection serves north-, south-, east-, and westbound traffic. The reported average traffic count is nearly 60,000 cars per day, and intersection improvements were recently completed. The parcel is within a special overlay and TIF incentive district; development and zoning requirements are subject to village review.

Key Highlights

  • 1.36‑acre commercial parcel at a corner intersection
  • Water, sewer, gas, and electric service on site
  • Nearly 60,000 cars per day average traffic count

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Auto Repair Shop Hair Salon 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.

Location Intelligence

Trade Area within ½ mile

96
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Lake County

Jul
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Frequently Asked Questions

What type of property is this?
Commercial land - The 1.36-acre parcel has water, sewer, gas, and electric service on site.
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 commercial parcel at a corner intersection; Water, sewer, gas, and electric service on site; Nearly 60,000 cars per day average traffic count
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