15200 W Wadsworth Road, Wadsworth, IL 60083 - Photo 1

1/1

$350,000

For Sale
Active
Commercial
2,700 Sq. Ft.

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Property Description

This is a mixed use building. Currently 1) 3 bedroom apartment approx 900-950 sf 1) 1 bedroom apartment approx 750 sf 1) Real Estate office with 2 private offices, a storage area plus a reception area. Office area has just been updated with new carpet, freshly painted. A new septic field put in within last year. Owner will review and possibly negotiate holding the mortgage on the sale to responsile buyer. Over 20,000 car traffic per day High Exposure

Full Property Details

Full Property Details for 15200 W Wadsworth Rd

General

Price: $350,000
Taxes: $3,307 (2025)
Status: Active
Type: Commercial
Source: MRED
MLS ID: 12762501
Updated: 9/23/2026
Added to Site: 27 day(s) ago

Interior

Flooring: Carpet, Tile, Wood

Additional Information

Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors, Carbon Monoxide Detector(s)

Location

Area: Old Mill Creek / Wadsworth
County: Lake
Township: Newport
Driving Directions: US Route 41 and Wadsworth Rd East across bridge to address on North side of road. Wadsworth Realty
Location Details: East/West Corridor, North Suburban, Central Business District, Corner, Mixed-Use Area, High Traffic Area

Heating & Cooling

Cooling Type: Central Air Conditioning, Office Only, Window Unit(s)
Heating Type: Forced Air, Gas, Wall Unit

Utilities

Trash: 600

Structural Information

Construction: Combination, Cement Siding
Exterior Const.: Combination, Cement Siding
Sub-Flooring: Carpet, Tile, Wood
Stories/Levels: 2
Square Feet: 2,700
Current Bldg. Use: Commercial, Legal Non-Conforming
# of Stores: 2
Year Built: 1924
Built Before 1978: Yes

Unit Information

# Tenants: 3
Units w/Refrigerators: 3
Units w/Range/Oven: 2

Lot Features

Lot Size (Sq. Ft.): 5,000
Lot Dimensions: 100 x 50
Frontage: County Road, Township Road
Zoning: OTHER

Financial Considerations

Lease Price: $16
For Sale/Rent/Lease: For Sale or Rent
Insurance Fee: $3,000
Operating Expenses: $9,600
Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Assessment Year: 1924
Tax Amount: $3,307
Tax Year: 2025
Tenant Pays: Heat, Repairs
Pays Electric: 4200
Pays Trash: 600

Disclosures and Reports

Property ID: 3274000160000

Listed by Wadsworth Realty

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Schools

Schools serving 15200 W Wadsworth Rd

School Districts:Gurnee School District 56, Warren Township High School District 121

Name	Grades	Distance
Prairie Trail School 13600 West Wadsworth Road, Wadsworth, IL 60083	3-5	1.6 mi
Spaulding Elementary School 2000 Belle Plaine Avenue, Gurnee, IL 60031	PK-2	3.4 mi
River Trail School, Gurnee, IL 333 N Oplaine Rd, Gurnee, IL 60031	K-8	4.5 mi
Viking School 4460 Old Grand Avenue, Gurnee, IL 60031	6-8	4 mi
Warren Township High School 34090 N Almond Rd, Gurnee, IL 60031	9-12	5.5 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 15200 W Wadsworth Rd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/17/2026

Listed

$350,000

72.41%

MLS

11/11/2003

Sold

$203,000

—

Public Record

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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 15200 W Wadsworth Rd

Year

Property Taxes

Change

Tax Assessment

Change

2024

$3,342

29%

$37,229

2024

$2,599

13%

$36,173

37%

2023

$2,301

$26,389

12%

2022

$2,154

$23,552

2021

$2,095

$23,218

2020

$2,031

—

$22,678

2019

$2,031

-30%

$21,778

-29%

2018

$2,899

$30,771

2017

$2,864

$30,200

2016

$2,821

$29,190

2015

$2,742

$27,566

—

2014

$2,676

$27,566

2013

$2,543

-2%

$26,810

-11%

2012

$2,591

—

$30,002

—

View All

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 15200 W Wadsworth Rd

15200 W Wadsworth Road, Wadsworth, IL 60083 (MLS# 12762501) is a Commercial property. 15200 W Wadsworth Road is currently listed for $350,000 and was received on September 17, 2026. Want to learn more about 15200 W Wadsworth Road? Do you have questions about finding other Commercial real estate for sale in Wadsworth? You can browse all Wadsworth real estate or contact a Coldwell Banker agent to request more information.

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15200 W Wadsworth Rd Wadsworth, IL 60083