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    Property profile & analytics

    12640 W Wadsworth Rd Beach Park, IL 60087

    • Commercial land
    • 1.36 lot acres
    For Sale
    View listing
    $750,000
    Value Estimation
    Location Intelligence
    Property ID
    US28-2907305
    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 12640 W Wadsworth Rd

    Lot size
    1.36 lot acres
    Property type
    Commercial land
    APN
    04-30-300-044
    APU
    430300044

    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
    -87.8772
    Latitude
    42.4289
    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
    $7,099
    $75,687
    $0.00
    $75,687
    -
    $227,084
    $0.00
    $227,084

    Comparable in this City

    • Value Estimation by Request
      0.12 Acres

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      VACANT COMMERCIAL LAND • 0.12 Acres
      Nn Grn Ave, Waukegan, IL 60087
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    • Value Estimation by Request
      5.41 Acres

      Delany Rd

      VACANT COMMERCIAL LAND • 5.41 Acres
      Delany Rd, Waukegan, IL 60087
      View Details
    • Value Estimation by Request
      0.97 Acres

      37501 Delany Rd

      VACANT COMMERCIAL LAND • 0.97 Acres
      37501 Delany Rd, Waukegan, IL 60087
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    • Value Estimation by Request
      0.37 Acres

      12601 Eastwood Rd

      VACANT COMMERCIAL LAND • 0.37 Acres
      12601 Eastwood Rd, Beach Park, IL 60087
      View Details
    • Value Estimation by Request

      36335 Frolic Ave

      VACANT COMMERCIAL LAND
      36335 Frolic Ave, Waukegan, IL 60087
      View Details
    • Value Estimation by Request
      18.25 Acres

      2200 Sheridan Rd

      VACANT COMMERCIAL LAND • 18.25 Acres
      2200 Sheridan Rd, Waukegan, IL 60087-4028
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.24 Acres

      Vacant Lot in Beach Park

      Vacant land next to Dollar Store. Call for building requirements.
      38859 N Green Bay Rd, Beach Park, IL 60087
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      Commercial Lots in Waukegan, IL

      Three commercial lots available for sale in Waukegan, Illinois.
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      Beach Park Commercial Land Opportunity

      Prime commercial land with high visibility and flexible potential.
      38488 N Sheridan Rd, Beach Park, IL 60087
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    • $750,000
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      Corner Lot in Beach Park

      1.36 acre corner lot with high traffic visibility.
      12640 W Wadsworth Rd, Beach Park, IL 60087
      View Details
    • $152,900
      1.41 Acres

      Waukegan Land Ready for Development

      1.41 acre corner lot in Waukegan/Beach Park area.
      1730 W Beach Rd, Waukegan, IL 60087
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    • Contact for pricing
      0.51 Acres

      Commercial Lot in Beach Park

      Prime commercial lot zoned B1 in Beach Park, Illinois.
      10038 W Beach Rd, Beach Park, IL 60087
      View Details

    Similar Nearby for Lease

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      Waukegan Executive Office Suite

      Prime Waukegan Office, 2,000 SF Available
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    • Contact for pricing
      1,218 SF

      Retail Space Near Target Center

      Retail space adjacent to Target-anchored strip center in Waukegan, IL.
      3123 N Lewis Ave, Waukegan, IL 60087
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    • Contact for pricing
      218,500 SF

      Waukegan Industrial Space Available

      Divisible 218,500 SF industrial space with immediate occupancy.
      2451 N Delany Rd, Waukegan, IL 60087
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    12640 W Wadsworth Rd
    Beach Park, IL 60087
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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
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