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    35220 N Il Rte 83 Round Lake Beach, IL 60073

    Sponsored
    For Sale
    $1,800,000

    COMMERCIAL - Round Lake Beach, IL

    Lot size:
    1.82 Acres
    Days on Market:
    62
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 35220 N Il Rte 83

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    06153000270000
    Lot size
    1.82 Acres

    Utilities

    Utilities
    Water Available
    Cooling system
    Central Air

    Building Details

    Year built
    1965
    Floors in Building
    1

    Realty World Tiffany Real Estate (847) 395-1010 [email protected]

    Listing agent Bryan Shaughnessy (847) 875-4246

    Listing date Nov 5, 2025

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property on Milwaukee Avenue

    This commercial property is located in Round Lake Beach, Illinois, and offers an ideal location with approximately 350 feet of frontage on Milwaukee Avenue, where the daily traffic count is near 18,000. The property is just under 2 acres (1.82 acres) and includes 2588 square feet of office space. It features two shops, one measuring 52x38 and the other 52x28, both equipped with 14-foot drive-in doors. Additionally, there is a 1.2-acre secure, fenced-in yard. The property is suitable for a multitude of uses, including a contractor yard, auto repair, boat repair, storage, or redevelopment for a restaurant or retail space.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    Bills Auto Service

    Map

    City
    Round Lake Beach
    County
    Lake
    State
    Illinois
    Longitude
    -88.1158
    Latitude
    42.3442

    Nearby Similar for Sale

    • $1,800,000
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      Prime Commercial Property on Milwaukee

      1.82 acres with office, shops, and fenced yard.
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      View Details
    • $375,000
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    FAQs

    What type of property is this?
    Auto shop - 1.82 acre commercial property with frontage on Milwaukee Avenue.
    Where is this auto shop located?
    The property is located at 35220 N Il Rte 83 Round Lake Beach, IL.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - High-traffic location: Approximately 350 feet of frontage on Milwaukee Ave with a daily traffic count near 18,000.; - Large secure fenced yard: 1.2 acres.; - Versatile commercial space: Includes 2588sf of office space and two shops (52X38 and 52X28) with 14-foot drive-in doors.
    (847) 875-4246
    Request Owner's contact information
    35220 N Il Rte 83 Round Lake Beach, IL 60073
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    Round Lake Beach, IL 60073
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    35220 N Il Rte 83 Round Lake Beach, IL 60073
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