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    Property profile & analytics

    29607 Us Hwy 12 Round Lake, IL 60073

    • Retail space
    • 1,144 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Last Sale
    Dec 14, 2021
    Location Intelligence
    Property ID
    US28-1796865
    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

    • Retail space

    Property Details for 29607 Us Hwy 12

    Year built
    1945
    Construction
    FRAME
    Lot size
    0.45 lot acres
    Property size
    1,144 SF
    Property type
    Retail space
    APN
    09-15-200-011
    APU
    915200011

    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
    County
    Lake
    State
    Illinois
    Longitude
    -88.1601
    Latitude
    42.294
    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
    $4,884
    $49,017
    $10,602
    $59,619
    -
    $147,066
    $31,809
    $178,875

    Comparable in this City

    • Value Estimation by Request
      22,570 SF

      210 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 22,570 SF
      210 Washington St, Round Lake, IL 60073-2987
      View Details
    • Value Estimation by Request
      11,511 SF

      219 Cedar Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 11,511 SF
      219 Cedar Lk Rd, Round Lake, IL 60073-3215
      View Details
    • Value Estimation by Request
      6,440 SF

      413 Rollins Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,440 SF
      413 Rollins Rd, Round Lake Beach, IL 60073-1214
      View Details
    • Value Estimation
      $195,000
      3,160 SF

      121 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,160 SF
      121 Main St, Round Lake Park, IL 60073-3603
      View Details
    • Value Estimation
      $295,000
      3,602 SF

      417 Railroad Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,602 SF
      417 Railroad Ave, Round Lake, IL 60073-3307
      View Details
    • Value Estimation
      $305,000
      14,170 SF

      700 Rollins Rd

      RETAIL STORES (PERSONAL SERVICES) • 14,170 SF
      700 Rollins Rd, Round Lake Beach, IL 60073-1340
      View Details

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      Commercial Land Development Opportunity

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    Similar Nearby for Lease

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      Retail Space in Rollins Plaza

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      Volo Retail Space on Highway

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      Round Lake Beach Retail Space

      High-traffic retail space available.
      270 Rollins Rd, Round Lake Beach, IL 60073
      View Details
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    29607 Us Hwy 12
    Round Lake, IL 60073
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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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