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Property profile & analytics

38842 Sheridan Rd Beach Park, IL 60099

  • Commercial land
  • 0.14 lot acres
Value Estimation
Last Sale
Nov 23, 2021
$220,000
Location Intelligence
Property ID
US28-5661949
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial land

Property Details for 38842 Sheridan Rd

Lot size
0.14 lot acres
Property type
Commercial land
APN
04-33-208-017
APU
433208017

Description

This exceptional 0.5-acre commercial land parcel, located at 38842 N Sheridan Road in Beach Park, Illinois (zip code 60099), presents a compelling investment opportunity. The property, identified by APN 04332080015, is zoned B-1, allowing for a variety of commercial uses. Its prime location boasts excellent visibility and exposure to a high volume of daily traffic, exceeding 17,000 vehicles. This translates to significant potential for businesses seeking high foot traffic and brand visibility. The land's size offers ample space for development, making it suitable for a range of commercial ventures. Situated in Lake County, Illinois, this property benefits from convenient access to major transportation routes and a thriving local community. The asking price is $55,000, representing a strong value proposition for investors seeking a strategic entry point into the vibrant Beach Park commercial market. Serious inquiries are encouraged to explore the development potential of this exceptional property. The property's latitude and longitude coordinates are 42.42587 and -87.826111 respectively.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Beach Park
County
Lake
State
Illinois
Longitude
-87.8261
Latitude
42.4259
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$388
$6,382
$0.00
$6,382
-
$19,148
$0.00
$19,148
More about this property
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