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Residential Development Land Site
For Sale
$2,680,000

41115-41318 Mill Creek Road, Wadsworth, IL 60083

67-acre residential development site on the southwest corner of Route 173 and Mill Creek Road.

Property SizeContact for details
Lot Size67.00 Acres
Days on Market447

Property Features for 41115-41318 Mill Creek Road

General Information

Standard status Active
Lot size 67.00 Acres
Property subtype Lots/Land

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $8,012
Listing Agency: Millennium Properties RE, Inc.
Listed By: Brad Thompson · License #471013662
Source: Exitrealty
Added: May 19, 2025 Changed: Aug 8 Last Checked: May 29 at 10:59AM

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 Millennium Properties RE, Inc.

Investment Insights

Based on property information with market context.

A 67-acre residential development site is available for sale in Wadsworth, Illinois. The property is positioned as a southwest-corner parcel at the intersection of Route 173 and Mill Creek Road.

The site is described as being adjacent to the CenterPoint Business Park, with easy access to transportation and major airports including O’Hare International Airport and Mitchell International Airport. The surrounding area is characterized by nearby parks and forest preserves, along with a concentration of business offices.

Wadsworth is a village of approximately 3,815 residents, located about 50 miles north of downtown Chicago along I-94. The area is also noted as being close to active farmlands and Lake County Forest Preserve land holdings.

Key Highlights

  • 67‑acre residential development site in Wadsworth, IL
  • Located on the southwest corner of Route 173 and Mill Creek Road
  • Adjacent to CenterPoint Business Park

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Building Supply HVAC Service Big Box & Wholesale Store Real Estate Agency Kitchen & Bath Showroom

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 60083, IL

9,564
Population
3,628
Households
2.6
Avg Household Size
43
Median Age
39%
College-Educated
90%
High-School Grad
26.4 sq mi
ZIP Area
362
Density / Sq Mi
$111,912
Median Household Income
$49,704
Median Earnings
$1,702
Median Rent
$286,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 67-acre residential development site on the southwest corner of Route 173 and Mill Creek Road.
Where is this residential land & home lot located?
The property is located at 41115-41318 Mill Creek Road Wadsworth, IL.
What is the asking price?
The asking price for this property is $2,680,000.
What are key features of this property?
This property features: 67‑acre residential development site in Wadsworth, IL; Located on the southwest corner of Route 173 and Mill Creek Road; Adjacent to CenterPoint Business Park
More about this property
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