Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    38404 Sheridan Rd Beach Park, IL 60087-1705

    • Commercial land
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 09, 2022
    $390,000
    Location Intelligence
    Property ID
    US28-2343961
    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 38404 Sheridan Rd

    Lot size
    0.14 lot acres
    Property type
    Commercial land
    APN
    04-33-416-014
    APU
    433416014

    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
    42.4196
    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
    $788
    $7,444
    $0.00
    $7,444
    -
    $22,334
    $0.00
    $22,334

    Comparable in this City

    • Value Estimation by Request
      12.23 Acres

      York House Rd

      VACANT COMMERCIAL LAND • 12.23 Acres
      York House Rd, Waukegan, IL 60087
      View Details
    • Value Estimation by Request
      0.37 Acres

      12581 Delores Ave

      VACANT COMMERCIAL LAND • 0.37 Acres
      12581 Delores Ave, Beach Park, IL 60087
      View Details
    • Value Estimation by Request
      0.17 Acres

      38333 Grn Bay Rd

      VACANT COMMERCIAL LAND • 0.17 Acres
      38333 Grn Bay Rd, Beach Park, IL 60087
      View Details
    • Value Estimation by Request
      3.28 Acres

      39114 Grn Bay Rd

      VACANT COMMERCIAL LAND • 3.28 Acres
      39114 Grn Bay Rd, Beach Park, IL 60087-1329
      View Details
    • Value Estimation by Request
      0.32 Acres

      38921 Grn Bay Rd

      VACANT COMMERCIAL LAND • 0.32 Acres
      38921 Grn Bay Rd, Beach Park, IL 60087-1924
      View Details
    • Value Estimation by Request
      0.14 Acres

      10047 Bch Rd

      VACANT COMMERCIAL LAND • 0.14 Acres
      10047 Bch Rd, Beach Park, IL 60087-1777
      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
      View Details
    • $32,500

      Commercial Lots in Waukegan, IL

      Three commercial lots available for sale in Waukegan, Illinois.
      36245 N Green Bay Rd, Waukegan, IL 60087
      View Details
    • $405,000
      0.80 Acres

      Beach Park Commercial Land Opportunity

      Prime commercial land with high visibility and flexible potential.
      38488 N Sheridan 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
      View Details
    • 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
    • $2,550,000

      Gurnee Industrial Land Opportunity

      9.73 acre industrial land with utilities in place.
      Sunset Ave, Waukegan, IL 60087
      View Details

    Similar Nearby for Lease

    • 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
      View Details
    • $19 SF/Yr
      2,000 SF

      Waukegan Executive Office Suite

      Prime Waukegan Office, 2,000 SF Available
      1400 Sunset Ave, Waukegan, IL 60087
      View Details
    • 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
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    38404 Sheridan Rd
    Beach Park, IL 60087-1705
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.