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    OFF-MARKET
    Land

    27065-9 Il Rt120, Round Lake, IL 60073

    9.06 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9.06-acre commercial land parcel presents a unique investment opportunity in Volo, Illinois. Strategically located on the Morning Drive side of Route 120 and Gilmer Road, this property boasts unparalleled visibility with over 27,000 cars passing daily. The AG-farmed zoning allows for a variety of commercial uses, including office, retail, business, and auto services. Priced at $1,361,555 ($3.45/sq ft), this site offers significant potential for development. Its prime location is further enhanced by its proximity to a newly constructed 244,000 square foot Woodman's Food Market, just one block west, along with other new businesses such as Buenos Beef, Chipotle, and Starbucks. The property is identified by APN 09-03-400-096 and is available for purchase individually or as part of a larger 34.7-acre development. The signalized intersection provides easy access and high visibility, making this an ideal location for a variety of commercial ventures. Don't miss this chance to capitalize on this high-traffic, high-visibility location.

    Property profile
    Verified
    Property type Land
    Lot 9.06 ac (394,654 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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