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Investment Highlights

  • Fully engineered with storm water detention off site
  • Approximately $6.20 PSF and may be divisible
  • Cross Access to Eagle Creek Plaza
  • Cleared lot and ready to build
  • Grayslake Schools

Executive Summary

Shovel ready 3.69 acre site adjoining Auto Zone and KFC. Exposure to Rollins Road with apprximately 24,000 vehicles per day. Lies just west of the fully signalized intersection of Rollins and Cedar Lake Road. Storm detention already engineered, constructed, and located off site. This parcel can accommodate a large retail user, a strip center with drive thru end caps, professional medical / office. Round Lake Beach may consider multi family, multi-story apartments, light industrial. Existing full curb cut on Rollins Road and recorded access from Eagle Creek Plaza. Sellers will consider dividing the site. Sewer, storm water, and municipal water to site. Possible marquee signage on Rollins Road. Zoned C3. Will require rezoning for apartments or light industrial. Rollins retail corridor includes Walgreens, McDonald’s, Taco Bell, Kohl’s, Meijers, and new planned Target. LCDOT plans new pedestrian walkway along Rollins Road. Access site from two existing curb cuts on Rollins with right and left turn lanes. Also, access site from recorded cross easement with Eagle Creek Plaza to the east. Broker owned interest.

Property Facts

Price $995,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 3.69 AC
Zoning Commercial - C-3

1 Lot Available

Lot 3

Price $995,000
Price Per AC $269,647.70
Lot Size 3.69 AC

Description

Prime 1.69-Acre Commercial Development Opportunity | 0 Rollins Rd, Round Lake Beach, IL Zoned C-3 PUD | High-Traffic Regional Retail Corridor | 28,000 VPD Seize this exceptional opportunity to develop on 1.69 acres of commercial land located on the bustling 4-lane Rollins Road, one of Round Lake Beach's most heavily trafficked retail corridors. Zoned C-3 PUD (General Business - Regional Shopping, Wholesale, Limited Industrial), this parcel allows for a wide variety of permitted uses including retail centers, restaurants, professional offices, warehousing, health services, recreational facilities, and more. Drive-thrus, funeral homes, mixed-use developments, and cannabis dispensaries are also allowed via special use. Location Advantage: Situated adjacent to Burger King and surrounded by major national retailers such as Home Depot, Kohl's, Meijer, Chili's, Panda Express, and Round Lake Beach Metra Station, this parcel is a core infill site with incredible visibility and accessibility. Site Features: 1.69 acres - flat, usable land Access via Burger King lot Retail monument sign permitted on Rollins Rd frontage Zoning: C-3 PUD - wide range of commercial & mixed uses Daily Traffic: Approx. 28,000 vehicles Ideal Development Uses: Retail strip center Restaurant (with or without drive-thru) Medical, dental, or professional office Assisted living or convalescent facility Childcare, wellness, fitness, or entertainment Flex warehouse or service-based commercial Cannabis dispensary (medical or recreational - permitted via special use) Investor Appeal: With low holding costs, this site is equally attractive for immediate development or long-term land banking. High visibility and flexible zoning make this one of the most affordable and strategic parcels remaining in Round Lake Beach's core commercial zone. Contact Today to secure your place among the region's most established retail anchors.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
06-17-210-074
Land Assessment
$187,823
Improvements Assessment
$0
Total Assessment
$187,823

Amenities

  • Utilities
  • Listing ID: 36286911

  • Date on Market: 6/17/2025

  • Last Updated:

  • Address: 0 W Rollins Rd, Round Lake Beach, IL 60073

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