Current Use by Public Records
- Land
Property Details for 23403 Il-120
- Lot size
- 4.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 4-acre commercial parcel, located at 23403 IL-120 in Round Lake, Illinois (zip code 60073), presents a unique investment opportunity. Zoned C-2 PUD, this property offers a multitude of development possibilities. Its prime location at the entrance of Madrona Village ensures high visibility and accessibility. Ideal uses include restaurants, retail establishments, entertainment venues, industrial facilities, and senior housing (independent living and/or assisted living). The land is priced at $795,000, translating to $4.63 per square foot. Utilities are readily available, and off-site storm water management is anticipated. This ready-to-develop site in Lake County provides an excellent chance to capitalize on a thriving market. The property's versatility and strategic location make it an attractive prospect for developers seeking a high-impact project. Don't miss this chance to acquire a significant commercial land holding in a desirable area. Contact us today to learn more about this exceptional opportunity.
Value Estimations
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AI approach
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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
- -88.0907
- Latitude
- 42.3403
