20660 Rollins Rd, Lake Villa, IL 60046
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.