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$750,000
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Property Description
Corner lot on a busy intersection! Opportunity knocks!. North, South, East and West bound heavy traffic for maximium visability. Traffic count, Nearly 60,000 cars per day average per Village of Beach Park. This 1.36 acre lot is fully developed with all utilities on site. (water, sewer, gas and electric). Intersection improvements recently completed. Zoned commercial B1 within a special overlay and TIF incentive district for economic development. Strip mall or fast food with drive-thru would be a good possibility. Please do your due diligence and visit the village of Beach Park for zoning use requirements and development incentives. Owner financing available Contact listing agent for more info.
Full Property Details
Full Property Details for 12640 W Wadsworth Rd
General
- Price: $750,000
- Taxes: $7,098 (2022)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 11923368
- Updated: 12/16/2025
- Added to Site: 822 day(s) ago
Interior
- Basement: None
Additional Information
- Other Features: Interstate Access
Location
- Area: Beach Park
- County: Lake
- Township: Benton
- Subdivision: Greenbay Terrace
- Driving Directions: NW corner of Wadsworth & Green Bay.
- Location Details: Corner
School Information
- School District: 3
- Elem School District: 3
- Midd School District: 3
- High School District: 126
- Elementary School: Beach Park Middle School
- Middle School: Beach Park Middle School
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Basement Desc.: None
- Square Feet: 1.36
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 1.36
- Lot Size (Sq. Ft.): 59,067
- Lot Size Range: 1.0 to 1.99 Acres
- Lot Dimensions: 225 x 37 x 214 x 250 x 258
- Frontage: City Street, County Road, Public Road
- Frontage Feet: 225
- Street/Road Desc.: Asphalt
- Potential Use: Commercial
- Zoning: COMMR
- Lot Description: Level, Wetlands
Financial Considerations
- Tax Amount: $7,098.6
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Legal-Description, Existing Survey
- Property ID: 4303000170000
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Schools
Schools serving 12640 W Wadsworth Rd
School Districts:Zion-Benton Township High School District 126, Beach Park Community Consolidated School District 3
| Name | Grades | Distance |
|---|---|---|
Oak Crest School 38550 North Lewis Avenue, Beach Park, IL 60099 | K-5 | 1.2 mi |
Beach Park Middle School 40667 North Green Bay Road, Beach Park, IL 60099 | 6-8 | 1.6 mi |
Zion-Benton Twnshp Hi School 3901 21st Street, Zion, IL 60099 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12640 W Wadsworth Rd
Date
Details
Price
Change
Source
12/18/2023
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12640 W Wadsworth Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,070
14%
$78,404
4%
2023
$7,099
-3%
$75,687
15%
2022
$7,332
-22%
$65,655
3%
2021
$9,424
—
$63,985
-20%
2020
$9,420
—
$79,767
5%
2019
$9,420
-1%
$75,680
2%
2018
$9,536
1%
$74,093
6%
2017
$9,444
2%
$69,702
5%
2016
$9,243
2%
$66,358
9%
2015
$9,058
2%
$60,857
—
2014
$8,888
-26%
$60,857
—
2013
$12,016
2%
$60,857
-13%
2012
$11,812
—
$69,826
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12640 W Wadsworth Rd
12640 W Wadsworth Road, Beach Park, IL 60087 (MLS# 11923368) is a Lots/Land property with a lot size of 1.36 acres. 12640 W Wadsworth Road is currently listed for $750,000 and was received on December 18, 2023. Want to learn more about 12640 W Wadsworth Road? Do you have questions about finding other Lots/Land real estate for sale in Beach Park? You can browse all Beach Park real estate or contact a Coldwell Banker agent to request more information.

