Listing Agency: Carr Realty Advisors Show Phone

Listed By: Joey Carr · License #471018388

Source: Crexi

Added: Mar 29, 2022 Changed: Aug 8 Last Checked: Aug 21 at 10:34AM

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Investment Insights

Based on property information with market context.

This 77-acre development site is located on Fourth Lake and comprises four addresses and four tax pins. The property is currently zoned R1, but its location on Rollins Road suggests potential for other uses. Shopping and schools are located nearby.

Key Highlights

• 77 acre site on Fourth Lake
• Prime development site
• Potential for other uses due to Rollins Road location

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Hair Salon Butcher Cafe & Coffee Shop Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

302

Businesses Nearby

Explore this area Business Placement

Demographics for 60046, IL

34,690

Population

12,544

Households

2.8

Avg Household Size

41

Median Age

42%

College-Educated

94%

High-School Grad

23.0 sq mi

ZIP Area

1,508

Density / Sq Mi

$122,376

Median Household Income

$58,297

Median Earnings

$1,645

Median Rent

$282,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - Prime land development opportunity near Rollins Road and Fourth Lake.

Where is this land located?

The property is located at 20660 W Rollins Rd Lake Villa, IL.

What are key features of this property?

This property features: 77 acre site on Fourth Lake; Prime development site; Potential for other uses due to Rollins Road location