Property profile

201 Nippersink Rd Round Lake, IL 60073

OFF-MARKET
Land
3.59 ac lot
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Property summary

AI-generated overview

This exceptional 3.592-acre industrial land parcel presents a unique investment opportunity in Round Lake, Illinois. Located at 201 W Nippersink Rd, this property boasts convenient access to key transportation arteries. The land is zoned for industrial use (specific zoning details should be independently verified). Its expansive size offers significant potential for various development projects, catering to a range of industrial needs. The property's APN is 06-29-218-015. Strategically situated, it provides easy access to commuter rail services, enhancing its appeal for businesses and employees alike. The Round Lake Station Commuter Rail (Milwaukee District North Line) is approximately 1.5 miles away, while the Washington St. (Grayslake) Station Commuter Rail (NCS) is roughly 3 miles distant. This prime location offers excellent connectivity, facilitating efficient transportation of goods and personnel. The asking price for this exceptional industrial land is $150,000. Serious inquiries are encouraged to explore the full potential of this valuable asset. Buyers are advised to conduct their own due diligence regarding zoning regulations and development possibilities. The property is situated in Lake County, Illinois, with a zip code of 60073.

Property profile

Verified
Property type Land
Lot 3.59 ac (156,468 SF)

Cap rate & NOI

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

Location

201 Nippersink Rd Round Lake, IL 60073
Round Lake metro
Google Maps

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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