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    41453 Delany Rd Wadsworth, IL 60083

    Sponsored
    For Sale
    $899,000

    High-traffic Wadsworth, IL commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 3.96-acre commercial land parcel is strategically located at the signalized intersection of Route 173 and Delany Road in Wadsworth, Illinois (Lake County). The property boasts excellent visibility and high traffic counts, making it an ideal location for a variety of commercial ventures, including retail or office spaces. The permitted zoning is Commercial, ensuring flexibility for development plans. The property's APN is 0313300032. The asking price is $899,000, and the annual property taxes are $9,043. The address is 41453 N Delany Rd, Wadsworth, IL 60083. This prime location offers significant potential for businesses seeking high exposure and accessibility. The property's size and location present a rare opportunity for investors and developers looking to establish a strong presence in a thriving commercial area. Given its visibility and traffic flow, this land parcel is poised for immediate development and promises a strong return on investment. Detailed site plans and zoning information are available upon request.

    Property Features for 41453 Delany Rd

    General Information

    Property type
    Land
    Lot Size
    172,498 SF

    HighLights

    • 3.96‑acre commercial land parcel in Wadsworth, IL.
    • High‑traffic, signalized intersection of Route 173 and Delany Road.
    • Commercial zoning allows for flexible development.
    • APN: 0313300032, Address: 41453 N Delany Rd, Wadsworth, IL 60083.
    • Asking price: $899,000, Annual property taxes: $9,043.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Garden Center Electrical Service Bed & Breakfast Mobile Phone Store Dry Cleaner

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wadsworth
    County
    Lake
    State
    Illinois
    Longitude
    -87.903449183217
    Latitude
    42.464246660933

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    FAQs

    What type of property is this?
    Land - High-traffic Wadsworth, IL commercial lot.
    Where is this land located?
    The property is located at 41453 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: 3.96-acre commercial land parcel in Wadsworth, IL.; High-traffic, signalized intersection of Route 173 and Delany Road.; Commercial zoning allows for flexible development.
    Request Owner's contact information
    41453 Delany Rd Wadsworth, IL 60083
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    Wadsworth, IL 60083
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    41453 Delany Rd Wadsworth, IL 60083
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