Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

131 Rollins Rd Round Lake Beach, IL 60073-1345

  • Commercial land
  • 0.11 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-1586939
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial land

Property Details for 131 Rollins Rd

Lot size
0.11 lot acres
Property type
Commercial land
APN
06-16-305-002
APU
616305002

Description

This 4,200-square-foot retail building, located at 131 E Rollins Rd in Round Lake Beach, IL (60073), presents a compelling investment opportunity. Built in 1995, the single-story structure sits on a 10,066-square-foot lot and boasts a low-maintenance steel roof and siding. Its prime location on Rollins Road, a high-traffic area with over 30,000 cars passing daily, ensures excellent visibility. The building features a clear-span interior, double-door access on two sides (with potential for an overhead door), and a Trane HVAC system with central air. The existing layout includes a large showroom with high ceilings, plus office and warehouse/loft space. The C-3 zoning allows for a variety of uses, including retail, office, restaurant, dollar store, and grocery store, and even auto/motorcycle sales and repair with a special use permit. The property's proximity to major retailers like Thorntons, Wendy's, Kohl's, Popeyes, Meijer, and Dunkin' Donuts further enhances its appeal. The asking price is $375,000 ($89.29/sq ft). The current occupant, B & G Cyclery, may be willing to lease or sell the business and inventory. This is an exceptional opportunity for an investor seeking a well-maintained, versatile retail space in a high-traffic location. The property's APN is 06-16-305-001, 06-16-305-002. The building is 100% occupied.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Round Lake Beach
County
Lake
State
Illinois
Longitude
-88.0777
Latitude
42.3786
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
$1,146
$11,696
$0.00
$11,696
-
$35,092
$0.00
$35,092
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message