1100 Rollins Rd Round Lake Beach, IL 60073-1233
- Commercial real estate
- 7,500 SF
- 3.09 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1100 Rollins Rd
- Year built
- 1987
- Construction
- STEEL FRAME
- Lot size
- 3.09 lot acres
- Property size
- 7,500 SF
- Property type
- Commercial real estate
- APN
- 06-18-201-001
- APU
- 618201001
Description
This exceptional investment opportunity presents a portfolio of four self-storage facilities totaling 119,815 square feet and situated on 22.3 acres across five parcels in Lake County, Illinois. The portfolio includes properties located in Round Lake Heights, Round Lake Park, Waukegan, and Antioch, offering diverse geographic coverage. Currently operating at 88% occupancy, this stabilized portfolio presents immediate cash flow with significant value-add potential. Each facility features secure, gated entrances with electronic key codes, surveillance cameras, and ample external parking. The properties are zoned COM, and the fee-simple ownership provides complete control. The substantial acreage (including approximately 15 acres available for expansion) allows for future development and increased revenue streams. The existing 1052 units, combined with external parking/storage, provide versatile storage solutions. Financial details are available upon execution of a non-disclosure agreement. Prospective buyers are responsible for conducting their own due diligence and underwriting.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Round Lake Beach
- County
- Lake
- State
- Illinois
- Longitude
- -88.1089
- Latitude
- 42.3825
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA