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39197 N Sheridan Rd
Beach Park, IL 60099
Senior Housing/Multi-Family/Office/Medical · Land For Sale · 8.07 AC

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EXECUTIVE SUMMARY

MAKE OFFER!!!!!!!!!!!!!!! HUGE PRICE REDUCTION! Ideal for MULTI-FAMILY; such as, SENIOR HOUSING, ASSISTED LIVING, APARTMENTS, TOWNHOMES, DUPLEXES, HOTEL/MOTEL, etc. A site concept plan shows a PROFESSIONAL/MEDICAL OFFICE building as a combined use with senior housing. Great location and ready for development! Village of Beach Park wants to hear your ideas, 4 to 6 stories is possible with unobstructed views of Lake Michigan. Currently Zoned R-3B, the village is open to re-zoning to accommodate your use. The property has 99 feet of Sheridan Road access which is located next to CVS Pharmacy. Additional access onto Wadsworth Road is possible with IDNR permission. This property is located in both the Sheridan Road Overlay District and the Village's TIFF District. The only land between this property and Lake Michigan is the Illinois Beach State Park.
Northeast Corner of Sheridan Road and Wadsworth Road

PROPERTY FACTS

Sale Type Investment
Sale Condition Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Apartment Units - Senior
  • Medical
Total Lot Size 8.07 AC
Zoning R-3B, open to mix use

1 LOT AVAILABLE

Lot

Price $487,176 CAD
Price Per AC $60,368.78 CAD
Lot Size 8.07 AC

DESCRIPTION

Ideal for MULTI-FAMILY; such as, SENIOR HOUSING, ASSISTED LIVING, APARTMENTS, TOWNHOMES, DUPLEXES, HOTEL/MOTEL, etc. A site concept plan shows a PROFESSIONAL/MEDICAL OFFICE building as a combined use with senior housing. Great location and ready for development! Village of Beach Park wants to hear your ideas, 4 to 6 stories is possible with unobstructed views of Lake Michigan. Currently Zoned R-3B, the village is open to re-zoning to accommodate your use. The property has 99 feet of Sheridan Road access which is located next to CVS Pharmacy. Additional access onto Wadsworth Road is possible with IDNR permission. This property is located in both the Sheridan Road Overlay District and the Village's TIFF District. The only land between this property and Lake Michigan is the Illinois Beach State Park. Northeast Corner of Sheridan Road and Wadsworth Road

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-27-300-012
Land Assessment
$201,049 CAD
Improvements Assessment
$0 CAD
Total Assessment
$201,049 CAD
  • Listing ID: 6045500

  • Date on Market: 2017-02-27

  • Last Updated:

  • Address: 39197 N Sheridan Rd, Beach Park, IL 60099

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