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    OFF-MARKET
    Neighborhood centers

    2159-2219 Rte, Round Lake Beach, IL 60073

    28,425 SF
    Property ID
    Property summary
    AI-generated overview

    Sweetwater Crossing, located at 2159-2219 N Route 83 in Round Lake Beach, Illinois, presents a fantastic opportunity for retail businesses. This multi-tenant strip center boasts a total of 28,425 square feet, offering excellent visibility and accessibility along Route 83 in Lake County. Currently, there are two available spaces, ranging from 1,200 to 1,500 square feet, perfect for a variety of retail concepts. The property's strategic location in the bustling Round Lake Beach community ensures high foot traffic and strong potential for customer engagement. The existing tenants contribute to a vibrant and thriving retail environment, creating a synergistic atmosphere for new businesses. The zip code is 60073. This is an exceptional opportunity to establish or expand your retail presence in a high-demand area. The property's size and layout offer flexibility for various retail uses, making it an ideal investment for both established businesses and emerging entrepreneurs. With its convenient location and ample space, Sweetwater Crossing promises a strong return on investment. The available spaces provide a chance to capitalize on the growing retail market in Round Lake Beach. Serious inquiries are encouraged to explore this exceptional retail opportunity further. The property is classified as a retail strip center.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 28,425 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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