Your complete guide to business transactions in northern Lake County. Growing community, affordable location, and proximity to major employers.
Beach Park is a growing village in Lake County, Illinois, located between Waukegan and Zion. The community offers affordable housing and business opportunities while providing access to major employers in the region, including Abbott Laboratories and the Great Lakes Naval Station.
The village's strategic location along Route 41 and proximity to I-94 makes it accessible for businesses serving the northern Lake County market. Beach Park's diverse, working-class community supports local retail, service businesses, and restaurants.
| Metric | Value |
|---|---|
| Population | 13,842 |
| Total Businesses | 450+ |
| Average Business Sale Price | $175,000 |
| Median Time to Sell | 13 months |
| Top Industries | Retail, Restaurants, Auto Services, Construction, Healthcare |
| Region | Lake County / Northern Suburbs |
Beach Park's affordable market and growing population create opportunities for sellers of local service and retail businesses. Here's what you need to know:
Beach Park offers affordable business opportunities for buyers seeking entry into the Lake County market. Here's what buyers should know:
On average, businesses in Beach Park sell within 13 months. Service businesses with established customer bases may sell faster, while specialized businesses may take longer.
Retail stores, restaurants, auto services, and construction-related businesses see consistent demand. Businesses serving the local community's daily needs attract the most buyer interest.
Yes, Beach Park's affordable business prices and lower operating costs make it attractive for first-time buyers. The growing community provides opportunities to build a customer base.
SBA 7(a) loans are available for qualified buyers. Given the lower price points, seller financing is common. Local banks in Lake County also offer small business acquisition loans.
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