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$ 4,250,000
Est. payment | /mo
39.58 Acres Lot
$ 4,250,000
Est. payment | /mo
39.58 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12381520
Annual Tax Amount $1,688
Tax Year 2024
Lot Size 39.580 Acres
Lot Dimensions 1288FT X 1298FT X 1022FT X 25FT X 261FT X 1276FT
Property Sub-Type Land
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.
Location
State IL
County Lake
Area Old Mill Creek / Wadsworth
Zoning AGRIC
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby
Building
Dwelling Type Land
Schools
School District 3 , 3, 126
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Mark Leonard • Whitetail Properties Real Estate, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "