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    Rollins Rd Round Lake, IL 60073

    For Sale
    $563,469

    Land - Round Lake, IL

    Lot size:
    1.69 Acres
    Days on Market:
    177
    Last Refresh:
    Dec 10 at 4:06 pm

    Property Features for Rollins Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    06172100740000
    Lot size
    1.69 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Suburban (847) 367-8686 [email protected]

    Listing agent Jason Bitton (847) 367-8686 License #475170841

    Listing date Jun 17, 2025

    MLS# 12394662 Listing URL

    Copyright © 2025 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

    Prime Commercial Land Opportunity

    This 1.69-acre commercial land is located on Rollins Road, a heavily trafficked retail corridor in Round Lake Beach. The property is zoned C-3 PUD (General Business - Regional Shopping, Wholesale, Limited Industrial), allowing for a variety of permitted uses including retail centers, restaurants, professional offices, warehousing, health services, and recreational facilities. Drive-thrus, funeral homes, mixed-use developments, and cannabis dispensaries are also allowed via special use. The site is adjacent to Burger King and surrounded by major national retailers such as Home Depot, Kohl's, Meijer, Chili's, Panda Express, and Round Lake Beach Metra Station. The land is flat and usable, with access via the Burger King lot. A retail monument sign is permitted on the Rollins Road frontage. Daily traffic is approximately 28,000 vehicles. Ideal development uses include a retail strip center, restaurant (with or without drive-thru), medical, dental, or professional office, assisted living or convalescent facility, childcare, wellness, fitness, or entertainment, flex warehouse or service-based commercial, and cannabis dispensary (medical or recreational - permitted via special use). The site is suitable for immediate development or long-term land banking.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

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

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    FAQs

    What type of property is this?
    Commercial land - 1.69-acre commercial land in high-traffic Round Lake Beach retail corridor.
    Where is this commercial land located?
    The property is located at Rollins Rd Round Lake, IL.
    What is the asking price?
    The asking price for this property is $563,469.
    What are key features of this property?
    This property features: - High-traffic location on Rollins Road with approximately 28,000 vehicles per day.; - Flexible C-3 PUD zoning allows for diverse commercial and mixed-use developments.; - Strategic infill site adjacent to Burger King and surrounded by national retailers like Home Depot, Kohl's, and Meijer.
    (847) 367-8686
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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
    Rollins Rd Round Lake, IL 60073
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