150-Acre Development Site

40300 N Green Bay Rd Beach Park, IL 60099

40300 N Green Bay Rd, Beach Park, IL, 60099
Aerial
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FOR SALE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Nov 14, 2025

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Highlights

  • Zoned R-2/PD & B-1
  • Ideal for Mixed Residential and Commercial Development
  • Surrounded by massive generational Economic Development
  • Immediate unmet demand for Residential & Senior Housing
  • Located within an existing TIF District
  • Near Healthcare & Pharma - AbbVie, Abbott, & Several Hospitals
  • Near Defense - Great Lakes Naval Station
  • Near Manufacturing and Industrial Operations
  • Near Retail & Tourism - Gurnee Mills and Six Flags
  • Near Education & Workforce Training - College of Lake County
  • Near Transportation & Logistics

Description

Create a Prime Development with this exquisite 153 Acre property located in Beach Park. This 5-parcel site is Zoned R-2/PD and B-1 on Green Bay Road. The versatile zoning combination can facilitate both residential and commercial development. Most of this site resides within an existing TIF District. This Site is poised for multiple potential development scenarios, including Residential, Senior Housing, Medical Office, Retail, Multi-tenant industrial, and many more potential uses. It is strategically located between Waukegan and the Wisconsin Border in an area that desperately needs thousands of residential units for the massive economic expansion within a short 15-minute drive. Call David or Al today for more information on this Prime Development Opportunity.

Immerse yourself in the vibrant pulse of the North Lake County Market, where opportunities abound for Residential and Retail Developers. Positioned within proximity to renowned shopping destinations and commercial hubs, the area presents a compelling backdrop for growth.

Building Size: 0sq ft
Lot Size: 153.0 acres


Documents

Beach Park 150 Acre OM (L)

Map of 40300 N Green Bay Rd, Beach Park, IL, 60099

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.