15200 W Wadsworth Road Wadsworth, IL ^$ 350,000

15200 W Wadsworth Road

^$ 350,000

Back to search

15200 W Wadsworth Road

Wadsworth, IL, 60083

^$ 350,000

Bedrooms-- Baths-- Sq 2,700

15200 W Wadsworth Road, Wadsworth, IL 60083 - Image 1

15200 W Wadsworth Road, Wadsworth, IL 60083 - Image 2

15200 W Wadsworth Road, Wadsworth, IL 60083 - Image 3

15200 W Wadsworth Road, Wadsworth, IL 60083 - Image 4

15200 W Wadsworth Road, Wadsworth, IL 60083 - Image 5

Property for Rent in Wadsworth, IL

for $350,000. This 2,700 square foot property was built in 1924 on a lot size of 0.114784.

This is a mixed use building. Currently 1) 3 bedroom apartment approx 900-950 sf 1) 1 bedroom apartment approx 750 sf 1) Real Estate office with 2 private offices, a storage area plus a reception area. Office area has just been updated with new carpet, freshly painted. A new septic field put in within last year. Owner will review and possibly negotiate holding the mortgage on the sale to responsile buyer. Over 20,000 car traffic per day High Exposure

Rental Active

Price

^$ 350,000

Taxes

^$ 3,307

Style

Commercial,Legal Non Conforming

Lot Size

0.114784

Year Built

1924

Town/City

Wadsworth

County/Region

Lake

MLS | Web ID

12762501

Features

General

Cooling Central Air Office Only Window Unit(s)

Possession Closing Immediate Negotiable

Zoning OTHER

Construction Materials Combination Cement Siding

Year Built 1924

Electric Circuit Breakers Fuses Service - 101 to 200 Amps

Tenant Pays Heat Repairs

Stories Count 2

Township Newport

Tax Year 2025

Current Use Commercial Legal Non Conforming

Gross Income 36700

County Lake

Net Operating Income 24100

Operating Expense 9600

Insurance Expense 3000

Property Type Commercial Sale Mixed Use

Status Active

Directions US Route 41 and Wadsworth Rd East across bridge to address on North side of road. Wadsworth Realty

City Wadsworth

Number Of Units Total 3

MLS Area Old Mill Creek / Wadsworth

Lot Size Square Feet 5000

Tax Annual Amount 3307

Electric Expense 4200

Fuel Expense 1200

Trash Expense 600

Water Sewer Expense 0

Additional Parcels Y/N N

Lease Type Gross

Standard Status Active

Total Actual Rent 1000

Cap Rate 8

Interior

Flooring Carpet Tile Wood

Total Fireplaces 0

Exterior

Building Area Total 2700

Lot Dimensions 100 x 50

Frontage Type County Road Township Road

* Excluded Features

List By

Wadsworth Realty

Broker

WADSWORTHREALTY@COMCAST.NET

Nearby

Trends
Schools

About Wadsworth, IL

3,832 Population

40% Since 2002

^$90,496 Median Income

45.09 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/17/2026	$350,000		Listed Price

Map

More homes like this one

homes for you

See all

15200 W Wadsworth Road, Wadsworth, IL, 60083 is a Property for Rent at $350,000 with 2,700 sqft and a lot size of 0.114784. 15200 W Wadsworth Road was built in 1924. The property's zip code is 60083 which is in Wadsworth, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 11/11/2026.

*Full Name

*Email

*Phone

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

15200 W Wadsworth Road

Property for Rent in Wadsworth, IL

Map

More homes like this one

Get more info about this home