38488 N Sheridan Road Beach Park, IL $ 405,000
38488 N Sheridan Road
$ 405,000
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38488 N Sheridan Road

Beach Park, IL, 60087
$ 405,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,527

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Commercial Property for sale in Beach Park, IL

for $405,000. This building was built in 1959 on a lot size of 0.803489.

Incredible multi-parcel opportunity in high-visibility Beach Park location! This listing includes five contiguous parcels: 38498, 38488, and 38482 N. Sheridan Road plus 10051 and 10047 W. Beach Road. Combined, these properties offer prime corner frontage on both Sheridan and Beach Roads, with excellent traffic exposure and flexible commercial potential. Zoned for commercial use with potential for mixed-use development, this site is ideal for retail, restaurant, office space, or a redevelopment project. Existing structures may be used for owner-occupant or rental income while plans are developed. Curb cuts and access points in place. High-traffic corridor just minutes from Lake Michigan, Illinois Beach State Park, and North Point Marina. An outstanding opportunity for investors, developers, or business owners looking to secure a sizable footprint in a growing community. Reach out for zoning, survey, and development possibilities.

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Commercial Active

Price

$ 405,000

Property Type

Commercial

Taxes

$ 11,339

Style

Lot Size

0.803489

Year Built

1959

Town/City

Beach Park

County/Region

Lake

MLS | Web ID

12434852

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1959
Electric Service - 0 to 100 Amps
Stories Count 1
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
County Lake
Insurance Expense 2500
Property Type Commercial Sale Mixed Use
Status Active
Directions Sheridan and Beach rd. in Beach Park IL
City Beach Park
Number Of Units Total 3
MLS Area Beach Park
Lot Size Square Feet 35000
Tax Annual Amount 11339
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Lot Dimensions 200x250
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* Excluded Features
List By
Homesmart Connect Llc

Broker

jeremyschwab1@gmail.com

Email

Affordability Calculator

$3,472
Per Month
73%
27%
0%
Monthly Principal & Interest
$2,527
Monthly Property Taxes
$945
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/5/2025$405,000 -18.84% Price Down
7/31/2025$499,000 Listed Price

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38488 N Sheridan Road, Beach Park, IL, 60087 is a Commercial Property for sale at $405,000 with a lot size of 0.803489. 38488 N Sheridan Road was built in 1959. The property's zip code is 60087 which is in Beach Park, IL