Property profile

37789 N Sheridan Rd Beach Park, IL 60087

FOR SALE
Commercial land
Property ID
US28-2357192
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Property summary

AI-generated overview

$ PRICE REDUCTION! +/-13.3 Acres, Zoned R2 in the Village of Beach Park. Many possible Residential and Commercial uses! Approximately 616' of road frontage. Incorporated into Beach Park. Future Land Use Plan: Mixed Use (residential and commercial). Located in a TIF District and in the Sheridan Road Corridor Overlay District.

Property profile

Verified
Property type Commercial land
UPID US28-2357192

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

37789 N Sheridan Rd Beach Park, IL 60087
Beach Park metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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