270 Rollins RdRound Lake Beach, IL 60073

Property Details for 270 Rollins Rd

Year built

2008

Construction

BRICK

Lot size

7.12 AC

Property size (Sq ft)

29,707 SF

Property type

Retail space

APN

06-16-104-004

APU

616104004

Description

This exceptional retail opportunity is located at 270 E Rollins Rd, Round Lake Beach, IL 60073, within the Round Lake Court shopping center. The property offers multiple spaces for lease, ranging from 3,510 to 5,031 contiguous square feet, out of a total 142,398 square feet. Currently, 8,541 square feet are vacant. Built in 1980, the center boasts 1,423 surface parking spaces, ensuring ample customer convenience. The center enjoys a prime location at the northeast corner of Rollins Road & Orchard Lane, a signalized intersection with over 32,000 vehicles passing daily, providing excellent visibility and exposure. This Kohl's-anchored center offers a strong tenant mix, including Ross Dress For Less, Famous Footwear, Dollar Tree, Sally Beauty Supply, and Bella's Bistro. The property features pylon signage along Rollins Road and Orchard Street. The surrounding area is densely populated with numerous national retailers, including Home Depot, Jewel-Osco, Meijer, Tony's Fresh Market, ALDI, Walgreens, Big Lots, Petco, Esporta Fitness, Crunch Fitness, O'Reilly Auto Parts, Starbucks, Dunkin', Wendy's, McDonald's, Buffalo Wild Wings, Popeye's, and Chipotle. This location provides unparalleled access to a large customer base in a thriving retail environment. Lake County location.

• CAP approach

  CAP return

  Valuation

  6%

  $7,885,008

  6.5%

  $7,278,470

  7%

  $6,758,579

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,600,192

  Geo Method

  $9,750,729

• Alternative Use

  Use

  Valuation

  Residential

  $6,139,662

  Hospitality

  $5,623,897

  Educational

  $4,679,016

  Medical

  $4,839,934

  Retail

  $7,278,470

Location Insight

City

Round Lake Beach

County

Lake

State

Illinois

Latitude

42.3811

Longitude

-88.0753

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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