Listing Agency: Edgemark Commercial Real Estate Services

Listed By: Jeff Kowal · License #IL 471006681

Source: Crexi

Added: May 28, 2024 Changed: Aug 13 Last Checked: Aug 29 at 8:51AM

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Investment Insights

Based on property information with market context.

This is a parcel of commercial land situated at the signalized intersection of Route 173 and Delany Road. According to the listing, the property is ideal for retail or office development. The taxes are $9,043.

Key Highlights

• Signalized intersection of Route 173 & Delany Road
• Ideal for Retail or Office
• Commercial Land

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Electrical Service Garden Center Big Box & Wholesale Store Mobile Phone 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

28

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

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land parcel ideal for retail or office development.

Where is this commercial land located?

The property is located at 41453 N Delany Rd Wadsworth, IL.

What is the asking price?

The asking price for this property is $899,000.

What are key features of this property?

This property features: Signalized intersection of Route 173 & Delany Road; Ideal for Retail or Office; Commercial Land