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    Property profile & analytics

    221 Rollins Rd Round Lake Beach, IL 60073-1348

    • Grocery and convenience stores
    • 1,936 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 07, 2023
    Location Intelligence
    Property ID
    US28-1086280
    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

    • Grocery and convenience stores

    Property Details for 221 Rollins Rd

    Year built
    1955
    Construction
    BRICK
    Lot size
    0.22 lot acres
    Property size
    1,936 SF
    Property type
    Grocery and convenience stores
    APN
    06-17-403-001
    APU
    617403001

    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
    -88.0894
    Latitude
    42.3787
    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
    $7,802
    $22,442
    $60,207
    $82,649
    -
    $67,333
    $180,639
    $247,972

    Comparable in this City

    • Value Estimation by Request
      2,793 SF

      803 Rollins Rd

      CONVENIENCE STORE • 2,793 SF
      803 Rollins Rd, Round Lake Heights, IL 60073-1226
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    • Value Estimation
      $800,000
      3,977 SF

      2001 Il Rte 83

      CONVENIENCE STORE • 3,977 SF
      2001 Il Rte 83, Round Lake, IL 60073
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    • Value Estimation
      $450,000
      4,935 SF

      180 Rollins Rd

      CONVENIENCE STORE • 4,935 SF
      180 Rollins Rd, Round Lake Beach, IL 60073-3806
      View Details
    • Value Estimation by Request
      3,828 SF

      598 Washington St

      CONVENIENCE STORE • 3,828 SF
      598 Washington St, Round Lake Park, IL 60073-3017
      View Details
    • Value Estimation by Request
      2,530 SF

      1175 Il Rte 134

      CONVENIENCE STORE • 2,530 SF
      1175 Il Rte 134, Round Lake, IL 60073-9706
      View Details
    • Value Estimation
      $335,000
      2,418 SF

      1015 Fairfield Rd

      CONVENIENCE STORE • 2,418 SF
      1015 Fairfield Rd, Round Lake Beach, IL 60073-2305
      View Details

    Similar Nearby for Sale

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      Round Lake Animal Hospital NNN Lease

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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Rollins Plaza

      Prime retail space in a high-traffic Round Lake Beach location.
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      Retail Space in Eagle Creek Plaza

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      Meijer In-Store Retail Space

      809 SF Retail Space in Lake County
      752 Rollins Rd, Round Lake Beach, IL 60073
      View Details
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    221 Rollins Rd
    Round Lake Beach, IL 60073-1348
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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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