0 Magna Dr Round Lake, IL 60073
This exceptional 1-acre vacant lot, designated as Lot 4 within the Round Lake Industrial Park, presents a prime opportunity for development. Located at 0 Magna Drive, Round Lake, IL 60073, this property boasts a desirable level corner lot configuration, simplifying construction and maximizing usability. The lot's size is precisely 1.01 acres, offering ample space for a variety of commercial projects. Its location within the established Round Lake Industrial Park provides access to essential infrastructure and utilities, streamlining the development process. The property is zoned for industrial use (specific zoning details should be independently verified). The asking price for this strategically positioned lot is $149,900. This represents a compelling investment opportunity given the property's size, location, and potential for future growth within the thriving Round Lake Industrial Park. Interested parties are encouraged to conduct their own due diligence to confirm all aspects of the property and its suitability for their intended use. The property is ready for immediate development, making it an attractive option for businesses seeking a strategic location in a well-established industrial area. This is a rare opportunity to acquire a level, one-acre lot in a prime industrial location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.