1100 Rollins RdRound Lake Heights, IL 60073

  • Other commercial real estate
  • 7,500 SF
For Sale

Property Details for 1100 Rollins Rd

Year built
1987
Construction
STEEL FRAME
Lot size
3.09 AC
Property size (Sq ft)
7,500 SF
Property type
Other commercial real estate
APN
06-18-201-001
APU
618201001

Description

This exceptional investment opportunity presents a portfolio of four self-storage facilities totaling 119,815 square feet and situated on 22.3 acres across five parcels in Lake County, Illinois. The portfolio includes properties located in Round Lake Heights, Round Lake Park, Waukegan, and Antioch, offering diverse geographic coverage. Currently operating at 88% occupancy, this stabilized portfolio presents immediate cash flow with significant value-add potential. Each facility features secure, gated entrances with electronic key codes, surveillance cameras, and ample external parking. The properties are zoned COM, and the fee-simple ownership provides complete control. The substantial acreage (including approximately 15 acres available for expansion) allows for future development and increased revenue streams. The existing 1052 units, combined with external parking/storage, provide versatile storage solutions. Financial details are available upon execution of a non-disclosure agreement. Prospective buyers are responsible for conducting their own due diligence and underwriting.

1100 Rollins Rd, Round Lake Heights, Illinois
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Location Insight

City
Round Lake Beach
County
Lake
State
Illinois
Latitude
42.3825
Longitude
-88.1089
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$61,169
$263,932
$409,592
$673,524
-
$791,875
$1,228,899
$2,020,774

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