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$4,250,000
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Property Description
Presenting an excellent opportunity at quality farmland in a highly desirable region of Lake County, just miles from the shores of Lake Michigan. This highly productive farm is located along the northern fringe of the Village of Wadsworth. The farm benefits from outstanding visibility, positioned on the corner of heavily traveled Rt. 173 and Delaney Road, with a traffic signal-controlled intersection. This nicely squared off tillable tract is easily accessible along Rt. 173 and Delaney Road both offering over 1200ft of road frontage. Electric utility is also available along both roads. The tract's collective topography is level to slightly rolling. Soils primarily consist of Ozaukee silt loam and Ashkum silt loam, with an average Productivity Index of 119.2. Farm tenancy is already in place for 2025, however, it remains open for the 2026 crop year. The tract currently sits within the Village's zoning, "B" for business use. Refer to the Village of Wadsworth's webpage for a comprehensive chart of permitted uses. Being located only a couple miles east of I-94, commuting north to Wisconsin or south to Chicago couldn't be made more convenient. This exceptional corner lot boasts a desirable square shape and impressive road frontage, making it an ideal candidate for future development. It's strategic location not only enhances visibility but also maximizes accessibility while offering immediate utility and long-term appreciation.
Full Property Details
Full Property Details for 41616 N Delany Rd
General
- Price: $4,250,000
- Taxes: $1,688 (2024)
- Status: Active
- Type: Farm
- Source: MRED
- MLS ID: 12381520
- Updated: 6/13/2025
- Added to Site: 227 day(s) ago
Location
- Area: Old Mill Creek / Wadsworth
- County: Lake
- Township: Newport
- Driving Directions: From I-94 and Rt. 173: Exit I-94 at Rt 173 eastbound for approximately 3 miles, until reaching Delaney Road. The subject property will be on the left, or northwest corner of Rt. 173 and Delaney Road.
School Information
- School District: 3
- Elem School District: 3
- Midd School District: 3
- High School District: 126
Utilities
- Onsite: Electricity Nearby
Structural Information
- Square Feet: 39.58
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size (Acres): 39.58
- Lot Size Range: 25.0 to 99.99 Acres
- Lot Dimensions: 1288FT x 1298FT x 1022FT x 25FT x 261FT x 1276FT
- Frontage: State Road
- Frontage Feet: 1288
- Street/Road Desc.: Asphalt
- Land Use: Yes
- Zoning: AGRIC
Farm Information
- Farm: Yes
Financial Considerations
- Tax Amount: $1,688.52
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 3142000170000
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Schools
Schools serving 41616 N Delany Rd
School Districts:Beach Park Community Consolidated School District 3, Zion-Benton Township High School District 126
| Name | Grades | Distance |
|---|---|---|
Newport Elementary School 15872 West 21st Street, Wadsworth, IL 60083 | K-5 | 1.6 mi |
Beach Park Middle School 40667 North Green Bay Road, Beach Park, IL 60099 | 6-8 | 1.7 mi |
Zion-Benton Twnshp Hi School 3901 21st Street, Zion, IL 60099 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 41616 N Delany Rd
Date
Details
Price
Change
Source
6/07/2025
Listed
$4,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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