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    Property profile & analytics

    Rollins Rd Round Lake Beach, IL 60073

    • Land
    • 5.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Rollins Rd

    Lot size
    5.50 lot acres
    Property type
    Land

    Description

    This exceptional 11-acre property in Round Lake Heights, IL (APN 06-15-100-054), offers a unique development opportunity. Located on E Rollins Rd, it boasts excellent street access and high visibility, situated just blocks east of Route 83 and adjacent to a new Tony's Fresh Market. The land is divided into two parcels: a front lot with C3 commercial zoning, ideal for uses ranging from fast food restaurants to retail establishments, and a rear lot zoned for light industrial use, perfect for warehousing or similar ventures. This versatile property presents a rare chance to capitalize on its prime location and dual zoning capabilities. The asking price is $495,000 for the entire 11-acre parcel, with individual lot pricing available. The property's location provides easy access for potential tenants and customers, making it an attractive investment for developers seeking a high-impact location in a growing area. The combined acreage and zoning flexibility make this a truly exceptional opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Round Lake Beach
    County
    Lake
    State
    Illinois
    Longitude
    -88.0581
    Latitude
    42.381

    Comparable in this City

    • Value Estimation by Request
      11.00 Acres

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      9.86 Acres

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      20.00 Acres

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      9.06 Acres

      27065-9 Il Rt120

      Land • 9.06 Acres
      27065-9 Il Rt120, Round Lake, IL 60073
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      34.70 Acres

      27065 Rte

      Land • 34.70 Acres
      27065 Rte, Round Lake Beach, IL 60073
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    • Value Estimation by Request
      4.00 Acres

      23403 Il-120

      Land • 4.00 Acres
      23403 Il-120, Round Lake, IL 60073
      View Details

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    Rollins Rd
    Round Lake Beach, IL 60073
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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