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    300-400 Rollins Rd Round Lake Beach, IL 60073

    For Lease
    $18 SF/Yr

    Round Lake Beach, IL retail opportunity

    Lot size:
    69,774 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Eagle Creek Plaza, located at 300-400 West Rollins Road in Round Lake Beach, Illinois, offers exceptional retail space for lease. This free-standing, multi-tenant property boasts a total of 69,774 square feet, with 8,260 square feet currently vacant. Available spaces range from 2,773 to 5,487 square feet in-line, and up to 5,800 square feet on the front pad site. Built in 1980, the plaza features 346 surface-level parking spaces, ensuring ample customer parking. The property enjoys high visibility and exposure, situated at the northwest corner of the signalized intersection of Rollins Road and Cedar Lake Road, experiencing over 36,000 vehicles per day. Benefit from excellent frontage along Rollins Road, dedicated curb cuts, and prominent monument signage. Join established tenants including Big Lots, Dollar General, and Domino's. The plaza's strategic location offers convenient access to major transportation arteries, including Interstate-94 (four miles west), and is within close proximity to the Round Lake Beach Metra Station and Grayslake North High School. The surrounding area features a robust retail environment, including national brands such as Walmart, Jewel-Osco, and many others, creating a strong synergy for potential tenants. This property presents a unique opportunity to establish a thriving business in a high-traffic location within a well-established retail corridor in Lake County, Illinois, zip code 60073.

    Property Features for 300-400 Rollins Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    69,774 SF
    Total Rate
    104661

    Building Details

    Year Built
    1980

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    5,487 SF
    Rate per SF
    $18
    Space
    Available Space 3
    Size
    2,773 SF
    Rate per SF
    $18

    HighLights

    • Strong co‑tenancy with Big Lots, Dollar General, and Domino's.
    • High visibility and traffic count exceeding 36,000 vehicles per day.
    • $72,000 average household income within a 3‑mile radius.
    • Excellent location near Walmart, Home Depot, and Jewel‑Osco.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Map

    City
    Round Lake Beach
    County
    Lake
    State
    Illinois
    Longitude
    -88.090267
    Latitude
    42.3793319

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    FAQs

    What type of property is this?
    Individual retail property - Round Lake Beach, IL retail opportunity
    Where is this individual retail property located?
    The property is located at 300-400 Rollins Rd Round Lake Beach, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Strong co-tenancy with Big Lots, Dollar General, and Domino's.; High visibility and traffic count exceeding 36,000 vehicles per day.; $72,000 average household income within a 3-mile radius.
    Request Owner's contact information
    300-400 Rollins Rd Round Lake Beach, 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

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    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
    300-400 Rollins Rd Round Lake Beach, IL 60073
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