Belvidere Rd Round Lake, IL 60073
- Land
- 15.30 lot acres
Current Use by Public Records
- Land
Property Details for 0 Belvidere Rd
- Lot size
- 15.30 lot acres
- Property type
- Land
Description
This exceptional 15.3-acre vacant land parcel presents a remarkable commercial development opportunity in Round Lake, Illinois. Strategically located on Route 120, a major thoroughfare connecting numerous communities to I-94, this property boasts 920 feet of prime frontage. The C-2-PUD zoning allows for a diverse range of uses, including community shopping districts, retail establishments, large stores, mixed-use developments (storefronts with apartments), and office buildings. The site benefits from a signalized intersection on its east side (Route 120 and Route 134) and another on the west (Route 120 and Cedar Lake Rd), ensuring high visibility and accessibility. Its advantageous location is further enhanced by its proximity to existing development and its placement within a rapidly growing area. The property is bordered by a retention pond to the north, farmland to the east, and existing retail to the south. All utilities are conveniently located on-site. The seller is flexible and willing to consider selling the property in phases, and seller financing is also available, making this an attractive investment opportunity for developers seeking a prime location with significant potential. The address is 0 Belvidere Road, Round Lake, IL 60073. The asking price is $975,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Round Lake
- County
- Lake
- State
- Illinois
- Longitude
- -88.0899
- Latitude
- 42.3613
