15200 W Wadsworth Road, Wadsworth, IL 60083

Building Details

Year Built 1924 More

Buildings 1 More

Listing Agency: Wadsworth Realty Show Phone

Listed By: Larry Jones · License #471003204 Show Phone

Source: Payesregroup

Added: Sep 18 Changed: Nov 8 Last Checked: Nov 8 at 4:51PM

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Investment Insights

Based on property information with market context.

The mixed-use property contains two apartments: a three-bedroom unit of approximately 900–950 square feet and a one-bedroom unit of approximately 750 square feet. The office component includes two private offices, a reception area, and storage. Its interior has recently received new carpet and fresh paint, and a septic field was installed within the last year.

Wadsworth Road carries more than 20,000 cars per day, providing substantial roadside exposure for the office component.

Key Highlights

• Three‑bedroom apartment measures approximately 900–950 square feet
• One‑bedroom apartment measures approximately 750 square feet
• Office area includes two private offices, reception space, and storage

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Real Estate Agency Building Supply Plumbing Service Cafe & Coffee Shop

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

2

Residential units

Location Intelligence

Trade Area within ½ mile

13

Businesses Nearby

Explore this area Business Placement

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

Market

Average Price Trend$/SF for Mixed-use properties in Lake County, IL

$93.58 Jul

$131 Aug

$98.52 Sep

$74.92 Oct

Properties on Market for Mixed-use properties in Lake County

Jul

Aug

Sep

Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Frequently Asked Questions

What type of property is this?

Mixed-use property - Two apartments share the property with a real estate office featuring private offices, reception, and storage.

Where is this mixed-use property located?

The property is located at 15200 W Wadsworth Road Wadsworth, IL.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Three‑bedroom apartment measures approximately 900–950 square feet; One‑bedroom apartment measures approximately 750 square feet; Office area includes two private offices, reception space, and storage