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    201 Nippersink Rd Round Lake, IL 60073

    Sponsored
    For Sale
    $150,000

    3.59 Acres, $150,000 - Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 3.592-acre industrial land parcel presents a unique investment opportunity in Round Lake, Illinois. Located at 201 W Nippersink Rd, this property boasts convenient access to key transportation arteries. The land is zoned for industrial use (specific zoning details should be independently verified). Its expansive size offers significant potential for various development projects, catering to a range of industrial needs. The property's APN is 06-29-218-015. Strategically situated, it provides easy access to commuter rail services, enhancing its appeal for businesses and employees alike. The Round Lake Station Commuter Rail (Milwaukee District North Line) is approximately 1.5 miles away, while the Washington St. (Grayslake) Station Commuter Rail (NCS) is roughly 3 miles distant. This prime location offers excellent connectivity, facilitating efficient transportation of goods and personnel. The asking price for this exceptional industrial land is $150,000. Serious inquiries are encouraged to explore the full potential of this valuable asset. Buyers are advised to conduct their own due diligence regarding zoning regulations and development possibilities. The property is situated in Lake County, Illinois, with a zip code of 60073.

    Property Features for 201 Nippersink Rd

    General Information

    Property type
    Land
    Lot Size
    156,468 SF

    HighLights

    • $150,000 asking price for 3.59 acres of industrial land.
    • Located at 201 W Nippersink Rd, Round Lake, IL 60073 (APN: 06‑29‑218‑015).
    • Approximately 1.5 miles from Round Lake Station Commuter Rail (Milwaukee District North Line) and 3 miles from Washington St. (Grayslake) Station Commuter Rail (NCS).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store Skin Care Clinic Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Round Lake
    County
    Lake
    State
    Illinois
    Longitude
    -88.087897293777
    Latitude
    42.351190873728

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    FAQs

    What type of property is this?
    Land - 3.59 Acres, $150,000 - Prime Location
    Where is this land located?
    The property is located at 201 Nippersink Rd Round Lake, IL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: $150,000 asking price for 3.59 acres of industrial land.; Located at 201 W Nippersink Rd, Round Lake, IL 60073 (APN: 06-29-218-015).; Approximately 1.5 miles from Round Lake Station Commuter Rail (Milwaukee District North Line) and 3 miles from Washington St. (Grayslake) Station Commuter Rail (NCS).
    Request Owner's contact information
    201 Nippersink Rd Round Lake, IL 60073
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    Round Lake, IL 60073
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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
    201 Nippersink Rd Round Lake, IL 60073
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