Property profile

2159-2219 Rte Round Lake Beach, IL 60073

OFF-MARKET
Neighborhood centers
28,425 SF
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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

Location

2159-2219 Rte Round Lake Beach, IL 60073
Round Lake Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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