Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    700 Rollins Rd Round Lake Beach, IL 60073-1340

    • Retail space
    • 14,170 SF
    • 1.63 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    Jul 17, 2020
    $250,000
    Location Intelligence
    Property ID
    US28-2581536
    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 700 Rollins Rd

    Year built
    1988
    Construction
    BRICK
    Lot size
    1.63 lot acres
    Property size
    14,170 SF
    Property type
    Retail space
    APN
    06-16-202-028
    APU
    616202028

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $265,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $250,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $235,000
      Mixed-Use
      $295,000
      Hospitality
      $270,000
      Educational
      $275,000
      Residential Income
      $265,000
      Energy
      $260,000
      Income-Based Land
      $265,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    Round Lake Beach
    County
    Lake
    State
    Illinois
    Longitude
    -88.0671
    Latitude
    42.3795
    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
    $54,550
    $165,182
    $291,841
    $457,023
    -
    $495,596
    $875,611
    $1,371,207

    Comparable in this City

    • Value Estimation by Request
      12,450 SF

      629 Rollins Rd

      RETAIL STORES (PERSONAL SERVICES) • 12,450 SF
      629 Rollins Rd, Round Lake Beach, IL 60073-1267
      View Details
    • Value Estimation by Request
      5,961 SF

      315 Rollins Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,961 SF
      315 Rollins Rd, Round Lake Beach, IL 60073-1257
      View Details
    • Value Estimation by Request
      7,272 SF

      27273 Volo Vlg Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,272 SF
      27273 Volo Vlg Rd, Volo, IL 60073-9668
      View Details
    • Value Estimation
      $1,015,000
      8,744 SF

      27640 Volo Vlg Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,744 SF
      27640 Volo Vlg Rd, Volo, IL 60073-9613
      View Details
    • Value Estimation by Request
      5,302 SF

      835 Rollins Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,302 SF
      835 Rollins Rd, Round Lake Heights, IL 60073-1250
      View Details
    • Value Estimation
      $280,000
      8,660 SF

      821 Rollins Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,660 SF
      821 Rollins Rd, Round Lake Heights, IL 60073-1251
      View Details

    Similar Nearby for Sale

    • $375,000
      0.23 Acres

      Commercial Building Near National Retailers

      4,200 SF commercial building in high-traffic location.
      131 E Rollins Rd, Round Lake Beach, IL 60073
      View Details
    • $563,469
      1.69 Acres

      Prime Commercial Land Opportunity

      1.69-acre commercial land in high-traffic Round Lake Beach retail corridor.
      Rollins Rd, Round Lake, IL 60073
      View Details
    • $1,800,000
      1.82 Acres

      Prime Commercial Property on Milwaukee

      1.82 acres with office, shops, and fenced yard.
      35220 N Il Rte 83, Round Lake Beach, IL 60073
      View Details
    • $1,800,000
      1.82 Acres

      Commercial Property on Milwaukee Avenue

      1.82 acre commercial property with frontage on Milwaukee Avenue.
      35220 N Il Rte 83, Round Lake Beach, IL 60073
      View Details
    • $8,950,000
      14.18 Acres

      Commercial Land Development Opportunity

      14.2 acres at a high-traffic intersection, ideal for development.
      31535 N Us Highway 12, Volo, IL 60073
      View Details
    • $3,100,000
      6,500 SF

      Round Lake Animal Hospital NNN Lease

      IL Animal Hospital - NNN Investment
      24431 Il-134, Round Lake, IL 60073
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Rollins Plaza

      Prime retail space in a high-traffic Round Lake Beach location.
      920 E Rollins Rd, Round Lake Beach, IL 60073
      View Details
    • Contact for pricing

      Round Lake Commercial Property For Rent

      Prime commercial property with drive-through in Round Lake, Illinois.
      1271 W Il Rte 134, Round Lake, IL 60073
      View Details
    • $18 SF/Yr
      63,409 SF

      Retail Space in Eagle Creek Plaza

      Retail spaces available in busy Round Lake Beach shopping center.
      300-400 West Rollins Rd, Round Lake Beach, IL 60073
      View Details
    • $18 SF/Yr
      69,774 SF

      Eagle Creek Plaza Retail Space

      Round Lake Beach, IL retail opportunity
      300-400 Rollins Rd, Round Lake Beach, IL 60073
      View Details
    • Contact for pricing

      Round Lake Beach Commercial Property

      Commercial property in Round Lake Beach with office and fenced yard.
      35220 N Il Rte 83, Round Lake Beach, IL 60073
      View Details
    • Contact for pricing
      142,398 SF

      Round Lake Beach Retail Space

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

    Property Visit Statistics

    • Visits by month
      2.7k
    • Visitors by month
      2.7k
    • Avg Time on site
      22 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    700 Rollins Rd
    Round Lake Beach, IL 60073-1340
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.