Current Use by Public Records
- Land
Property Details for 23379 Il-60
- Lot size
- 20.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 20-acre parcel, located at 23379 W. State Rt 60 in Round Lake, Illinois (zip code 60073), presents a unique investment opportunity. Currently zoned C-3, this property offers flexible development options, making it ideal for a variety of uses. The land is divisible, allowing for tailored projects to suit specific needs. The asking price is $1,600,000, translating to $80,000 per acre, reflecting the significant development potential in this rapidly growing area of Lake County. The property's current agricultural designation results in low Lake County real estate taxes, further enhancing its investment appeal. Financing options are available to qualified buyers. Potential uses include, but are not limited to, commercial development (such as grocery stores or self-storage facilities), townhomes, or a senior living community. This prime location offers outstanding development potential along a path of growth, making it an attractive proposition for discerning investors seeking a high-return opportunity in a desirable Illinois market. The property's latitude and longitude coordinates are 42.3612999 and -88.0899304 respectively. Serious inquiries are encouraged.
Value Estimations
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AI approach
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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
- County
- Lake
- State
- Illinois
- Longitude
- -88.0899
- Latitude
- 42.3613
