Property summary
This exceptional 18.5-acre commercial land parcel presents a unique investment opportunity in Wadsworth, Illinois. Strategically located at the nexus of I-94 and Route 173, this property benefits from high visibility and convenient access to major transportation arteries. The site is zoned Commercial (PUD) and is annexed into the Village of Wadsworth, ensuring a streamlined development process. A special zoning designation, governed by an intergovernmental agreement involving Lake County, Zion, Wadsworth, and Old Mill Creek, permits retail, office, and light manufacturing uses. The property's development potential is further enhanced by its proximity to Centerpoint, which plans to construct a business park in the immediate vicinity, bringing essential utilities to the area. This infrastructure development will significantly increase the value and appeal of the site. Furthermore, there's potential for future improvements to the I-94 and Route 173 intersection, potentially upgrading it to a four-way stop, further enhancing accessibility. The adjacent 19.8 acres offer potential for expansion, providing significant flexibility for large-scale development projects. Detailed due diligence materials are available upon request. This is a rare opportunity to acquire a well-positioned commercial land parcel with significant growth potential in a rapidly developing area. The property's location, zoning, and surrounding infrastructure make it an ideal site for a variety of commercial ventures.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.