Property profile

0 Nippersink Ave Round Lake, IL 60073

OFF-MARKET
Land
3.6 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 3.6 ac (156,816 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Nippersink Ave Round Lake, IL 60073
Round Lake metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Nippersink Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message