2536 Illinois 83 Round Lake Beach, IL 60073
Property profile & analytics
2536 Illinois 83 Round Lake Beach, IL 60073
- Retail properties & Spaces
- 19,200 SF
- 2.86 lot acres
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 2536 Illinois 83
- Year built
- 2004
- Lot size
- 2.86 lot acres
- Property size
- 19,200 SF
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This single-story, 19,200 square foot retail center in Round Lake Beach, IL, offers 5 available spaces ranging from 1,200 to 8,400 contiguous square feet. Located at 2536 N Illinois 83, near W. Monaville Road, this property boasts high visibility due to its location on heavily traveled Route 83, just south of Walmart, and features a large monument sign. The center includes 103 parking spaces, providing ample parking for tenants and customers. Built in 2004, the property is zoned C3 and offers a variety of possibilities, including medical, restaurant, and service businesses. Two available units are second-generation medical spaces, and one is a 2,400 square foot second-generation dental/orthodontic space. Other spaces can be built to suit tenant needs, with the owner offering assistance with build-out expenses. Property taxes are $3.55 per square foot. The building has 200 amp/3-phase power, but no elevators. Currently, Dunkin Donuts, Pink Nail Salon, Joy Foot Spa, and La Petite Academy are tenants. No base rent is due until January 1, 2026. The 2.86-acre site offers significant potential for businesses seeking a high-traffic location in a growing area with nearby medical facilities, including an Advocate Outpatient Center and Northwestern Medicine Grayslake Outpatient Center.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Round Lake Beach
- County
- Lake
- State
- Illinois
- Longitude
- -88.0654
- Latitude
- 42.3941
