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    2159-2219 N Il Rte, Unit 83 Round Lake Beach, IL

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    For Lease
    Contact for pricing

    Retail space with high visibility and pylon signage available.

    Property size:
    2,400 SF
    Lot size:
    3.21 Acres

    Property Features for 2159-2219 N Il Rte

    General Information

    Size
    2,400 SF
    Lot size
    3.21 Acres

    Source: Edgemark Commercial Real Estate Services, LLC Agent Randy Kotwica

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Route 83

    This retail space is located on Route 83 in Round Lake Beach, Illinois, offering significant visibility. Pylon signage is available. The location benefits from traffic counts of 23,700 vehicles per day on Highway 83. Area retailers include Home Depot, Walmart, Jewel/Osco, and Hobby Lobby. The property offers 2,400 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Round Lake Beach
    County
    Lake
    State
    Illinois
    Longitude
    -88.0900815
    Latitude
    42.3716881

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    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility and pylon signage available.
    Where is this retail space located?
    The property is located at 2159-2219 N Il Rte, Unit 83 Round Lake Beach, IL.
    What are key features of this property?
    This property features: - Great visibility off of Route 83; - Located on Route 83 in Round Lake Beach; - Traffic counts on Highway 83 are 23,700 VPD
    (630) 472-1010
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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
    2159-2219 N Il Rte, Unit 83 Round Lake Beach, IL
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