Property profile

27065-9 Il Rt120 Round Lake, IL 60073

OFF-MARKET
Land
9.06 ac lot
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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

Location

27065-9 Il Rt120 Round Lake, IL 60073
Round Lake metro
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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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