Property profile

20660 Rollins Rd Lake Villa, IL 60046

OFF-MARKET
Land
77 ac lot
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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

Location

20660 Rollins Rd Lake Villa, IL 60046
Lake Villa 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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