27065-9 Il Rt120, Round Lake, IL 60073
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.