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Commercial Parcel in Madrona Village
For Sale
Contact for pricing

23403 IL-120, Round Lake, IL 60073

4-acre commercial parcel suitable for various development projects.

Property SizeContact for details
Lot Size4.00 Acres
Days on Market731

Property Features for 23403 IL-120

General Information

Standard status Active
Lot size 4.00 Acres
Property subtype Land
Zoning C-2 PUD
Listing Agency: BRIAN COLEMAN & ASSOCIATES, INC.
Listed By: Brian Coleman · License #IL
Source: Crexi
Added: Aug 20, 2024 Changed: Aug 8 Last Checked: Aug 20 at 6:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BRIAN COLEMAN & ASSOCIATES, INC.

Investment Insights

Based on property information with market context.

This 4-acre commercial parcel, zoned C-2 PUD, is located at the entrance of Madrona Village. It is suitable for restaurant, retail, entertainment, industrial, or senior housing (independent or assisted living) developments. The site is ready for development, with utilities readily available. Storm water management is likely provided off-site.

Key Highlights

  • 4 Acre Commercial Parcel (Zoned C‑2 PUD)
  • Located at the entrance of Madrona Village
  • Many possible uses: Restaurant, Retail, Entertainment, Industrial, Senior Housing

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby

Demographics for 60073, IL

61,721
Population
20,864
Households
3
Avg Household Size
34
Median Age
27%
College-Educated
81%
High-School Grad
18.5 sq mi
ZIP Area
3,336
Density / Sq Mi
$95,457
Median Household Income
$43,228
Median Earnings
$1,461
Median Rent
$215,200
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 4-acre commercial parcel suitable for various development projects.
Where is this commercial land located?
The property is located at 23403 IL-120 Round Lake, IL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 4 Acre Commercial Parcel (Zoned C‑2 PUD); Located at the entrance of Madrona Village; Many possible uses: Restaurant, Retail, Entertainment, Industrial, Senior Housing
(847) 322-3566 Call to check price and availability
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