Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    Magna Dr Round Lake, IL 60073

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Magna Dr

    Property type
    Land

    Description

    This exceptional 1-acre vacant lot, designated as Lot 4 within the Round Lake Industrial Park, presents a prime opportunity for development. Located at 0 Magna Drive, Round Lake, IL 60073, this property boasts a desirable level corner lot configuration, simplifying construction and maximizing usability. The lot's size is precisely 1.01 acres, offering ample space for a variety of commercial projects. Its location within the established Round Lake Industrial Park provides access to essential infrastructure and utilities, streamlining the development process. The property is zoned for industrial use (specific zoning details should be independently verified). The asking price for this strategically positioned lot is $149,900. This represents a compelling investment opportunity given the property's size, location, and potential for future growth within the thriving Round Lake Industrial Park. Interested parties are encouraged to conduct their own due diligence to confirm all aspects of the property and its suitability for their intended use. The property is ready for immediate development, making it an attractive option for businesses seeking a strategic location in a well-established industrial area. This is a rare opportunity to acquire a level, one-acre lot in a prime industrial location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Round Lake
    County
    Lake
    State
    Illinois
    Longitude
    -88.0991
    Latitude
    42.3626

    Comparable in this City

    • Value Estimation by Request
      20.00 Acres

      23379 Il-60

      Land • 20.00 Acres
      23379 Il-60, Round Lake, IL 60073
      View Details
    • Value Estimation by Request
      9.06 Acres

      27065-9 Il Rt120

      Land • 9.06 Acres
      27065-9 Il Rt120, Round Lake, IL 60073
      View Details
    • Value Estimation by Request
      34.70 Acres

      27065 Rte

      Land • 34.70 Acres
      27065 Rte, Round Lake Beach, IL 60073
      View Details
    • Value Estimation by Request
      4.00 Acres

      23403 Il-120

      Land • 4.00 Acres
      23403 Il-120, Round Lake, IL 60073
      View Details
    • Value Estimation by Request
      5.50 Acres

      Rollins Rd

      Land • 5.50 Acres
      0 Rollins Rd, Round Lake Beach, IL 60073
      View Details
    • Value Estimation by Request
      11.00 Acres

      Rollins Rd

      Land • 11.00 Acres
      0 Rollins Rd, Round Lake Beach, IL 60073
      View Details

    Similar Nearby for Sale

    • $795,000
      4.00 Acres

      Round Lake Commercial Land

      4-Acre Development Opportunity in IL
      23403 Il-120, Round Lake, IL 60073
      View Details
    • $1,600,000
      20.00 Acres

      Prime 20-Acre Round Lake Land

      Exceptional development opportunity in Illinois.
      23379 Il-60, Round Lake, IL 60073
      View Details
    • $150,000
      3.60 Acres

      Round Lake Commercial Land - $150K

      Prime 3.6-acre commercial lot. Excellent development opportunity.
      0 Nippersink Ave, Round Lake, IL 60073
      View Details
    • $1,600,000
      20 SF

      Lake County Development Opportunity

      20 acres with development potential in Lake County, Illinois.
      Round Lake, IL 60073
      View Details
    • $150,000
      3.59 Acres

      Industrial Land: Round Lake, IL

      3.59 Acres, $150,000 - Prime Location
      201 Nippersink Rd, Round Lake, IL 60073
      View Details
    • $975,000
      15.30 Acres

      Round Lake Commercial Land Opportunity

      15.3 Acres, High Traffic Corridor, Route 120
      0 Belvidere Rd, Round Lake, IL 60073
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Acre Site on Route 12

      Approximately 1 acre site with high traffic volume.
      31827 North Us Highway 12, Volo, IL 60073
      View Details
    • $2,100 /Mo

      Fairfield Lakes Townhome For Lease

      3 Bed/2.1 Bath end unit townhome available for lease.
      537 N Red Deer Rd, Round Lake, IL 60073
      View Details
    • Contact for pricing

      Retail Space in Rollins Plaza

      Prime retail space in a high-traffic Round Lake Beach location.
      920 E Rollins Rd, Round Lake Beach, IL 60073
      View Details
    • Contact for pricing

      Office Space in Round Lake Beach

      Built-out office space with frontage on Milwaukee Avenue.
      35220 N Il Rte 83, Round Lake Beach, IL 60073
      View Details
    • $2,750 /Mo
      1,586 SF

      Elegant Townhome with Private Deck

      Spacious 3-bedroom townhome with modern kitchen and private outdoor deck.
      696 S Jade Ln, Round Lake, IL 60073
      View Details
    • Contact for pricing

      Round Lake Beach Commercial Property

      Commercial property in Round Lake Beach with office and fenced yard.
      35220 N Il Rte 83, Round Lake Beach, IL 60073
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Magna Dr
    Round Lake, IL 60073
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.