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    OFF-MARKET
    Land

    201 Nippersink Rd, Round Lake, IL 60073

    3.59 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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