Rollins Rd Round Lake Beach, IL 60073
- Land
- 11.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Rollins Rd
- Lot size
- 11.00 lot acres
- Property type
- Land
Description
This exceptional 11-acre commercial land parcel presents a remarkable development opportunity in Round Lake Beach, Illinois. Strategically located on E Rollins Rd and Wood St, this property boasts excellent street access and high visibility frontage, ideal for attracting national tenants. The site is comprised of two contiguous parcels, each measuring 5.5 acres, offering flexibility for development or potential separate sale. The front parcel is priced at $495,000, while the rear parcel is listed at $150,000; however, the entire 11-acre tract is offered for $645,000. This prime location is just blocks east of Route 83, providing convenient access to major transportation routes. Furthermore, the property enjoys a highly desirable adjacency to a newly constructed Tony's Fresh Market grocery store and a Northshore immediate care medical facility, ensuring high foot traffic and a strong surrounding community. The property is zoned C-3, allowing for a wide range of commercial uses. This presents a unique chance to capitalize on a thriving area with significant growth potential. The combined parcels offer substantial development possibilities, making this an attractive investment for discerning buyers seeking a prime commercial location in a rapidly developing area of Lake County. The property's location and zoning make it suitable for a variety of commercial ventures.
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 Beach
- County
- Lake
- State
- Illinois
- Longitude
- -88.0701
- Latitude
- 42.379
