0 Rollins Rd Round Lake Beach, IL 60073
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.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.