39197 N Sheridan Rd - Senior Housing/Multi-Family/Office/Medical

Vacant Land for Sale
Catylist Listing ID: 30319354
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 8.07 Acres
Sale Price: See Agent
Land Splits Available: Yes
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/22/2018

Overview / Comments

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.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Lake
Zoning: R-3B
Property Located Between: Northeast Corner of Sheridan Road and Wadsworth Road
In Flood Plain?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,655 49,871 117,469
Median Age: 36.58 34.56 33.84
Households: 4,121 17,048 39,822

Contact

Photograph of Listing Agent

Brian Coleman

Brian Coleman & Associates
ICEx Member
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