0 Nippersink Ave, Round Lake, IL 60073
This exceptional 3.6-acre commercial land parcel presents a remarkable development opportunity in Round Lake, Illinois. Located on Nippersink Avenue, this property is zoned C1, offering a wide range of potential uses. Its strategic location provides convenient access to key transportation arteries, including close proximity to the Round Lake Station Commuter Rail (Milwaukee District North Line) and the Washington Street (Grayslake) Station Commuter Rail (NCS). This translates to easy commutes for potential employees and customers. The expansive lot size allows for significant flexibility in development plans, catering to a variety of commercial ventures. The property's address is Nippersink Ave, Round Lake, IL 60073, situated within Lake County. This prime location, combined with the generous lot size and favorable zoning, makes this an ideal investment for developers seeking a high-potential project in a thriving area. The asking price for this exceptional opportunity is $150,000. Serious inquiries are encouraged.
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.