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    OFF-MARKET
    Land

    20660 Rollins Rd, Lake Villa, IL 60046

    77 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 77-acre property presents a unique development opportunity in Lake Villa, Illinois. Located at 20660 W Rollins Rd, this expansive site boasts a prime location directly on Rollins Road, offering excellent visibility and accessibility. Currently zoned R1, the property presents potential for various development scenarios beyond residential use, given its strategic location. The site's proximity to local shopping centers and schools adds significant value. Comprising four separate parcels (APN: 0611300013, 0611400002, 0614100005, 0614100006), this substantial land holding offers flexibility for large-scale projects. The property's location on Fourth Lake provides additional appeal. With its substantial size and strategic location, this 77-acre tract represents a rare opportunity for developers seeking a significant land acquisition in a desirable area of Lake County, Illinois. The zip code is 60046. The latitude and longitude coordinates are 42.38444511385212 and -88.03601396656316 respectively.

    Property profile
    Verified
    Property type Land
    Lot 77 ac (3,354,120 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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