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


EXECUTIVE SUMMARY
Northeast Corner of Sheridan Road and Wadsworth Road
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Lease Option | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 8.07 AC |
| Property Type | Land | ||
| Zoning | R-3B, open to mix use | ||
| Sale Type | Investment |
| Sale Condition | Lease Option |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 8.07 AC |
| Zoning | R-3B, open to mix use |
1 LOT AVAILABLE
Lot
| Price | $487,176 CAD | Lot Size | 8.07 AC |
| Price Per AC | $60,368.78 CAD |
| 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
| Parcel Number | 04-27-300-012 | Improvements Assessment | $0 CAD |
| Land Assessment | $201,049 CAD | Total Assessment | $201,049 CAD |
