708-921-1044
16980 Rt 173, Wadsworth, IL for Sale
Commercial LAND - FOR SALE
1/1
805,860 SF

16980 Rt 173
Wadsworth, IL 60083


HIGHLIGHTS

  • Located at I-94 and Route 173 with exceptional visibility
  • Zoned for retail, office, and light industrial uses
  • Conceptual plan includes 228,000 SF facility with 42 docks
  • Surrounded by CenterPoint’s future business park
  • Utilities include gas, electric, and fiber infrastructure
  • Strong demographics with high household income and population density

OVERVIEW

Positioned at the northeast corner of I-94 and Route 173, this expansive 18.5 to 38.3-acre site in Wadsworth, Illinois offers a rare opportunity for developers and investors seeking a high-visibility location with flexible zoning. Annexed into the Village of Wadsworth, the property benefits from a unique intergovernmental agreement with Lake County, Zion, and Old Mill Creek, allowing for a mix of retail, office, and light manufacturing uses. The site is surrounded by CenterPoint’s planned business park, which will bring full utility access to the area, enhancing development readiness. A conceptual plan includes a 228,000 SF office/warehouse facility with 42 exterior docks, 4 drive-in doors, and 77 trailer stalls, supported by 270 car parking spaces. The property also features significant frontage and visibility, with traffic counts reaching 79,200 VPD on nearby corridors. Infrastructure is in place with electricity service, AT&T buried cable, and a 36–48” NS gas main. The site’s strategic location near major transportation routes and its potential for future intersection upgrades to a four-way configuration further elevate its appeal. Demographics within a 5-mile radius show strong household incomes averaging over $150,000 and a population exceeding 31,000, supporting a robust labor pool and consumer base. Due diligence materials, including title insurance and easement documentation, are available upon request.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Industrial, Retail, Office, Distribution, Industrial Park, Office Park, Retail Warehouse, Warehouse

LAND ACRES

18.5 AC

LAND SF

805,860 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

03-17-200-025

ASK ABOUT THIS PROPERTY

Rick ScardinoLee & AssociatesMore Info
708-921-1044

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Rick ScardinoLee & AssociatesMore Info
708-921-1044

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.