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131 E Rollins Rd 4,200 SF Retail Building Round Lake Beach, IL 60073 $375,000 ($89.29/SF)
INVESTMENT HIGHLIGHTS
- High traffic and visibility at busy intersection
- High efficiency furnaces, LED lighting, central air and insulated
- Clear span building with beautiful showroom
EXECUTIVE SUMMARY
4,200 SF commercial building in a fantastic location near many national retailers at a high visibility and high traffic signalized intersection (over 30,000 cars per day on average). The building features durable and low maintenance steel construction with 18' ceilings and a clear span footprint of 60' x 70'. It has a beautiful showroom of approx. 40' x 60' plus private offices and a workshop in back. There is a public bathroom in front and a private full bath in back plus two sets of double doors for deliveries. There is also a mezzanine/ loft area for additional storage. High efficiency furnaces, LED lighting and central air, too. Located directly across from Thornton's and Wendy's and near Kohls, Panera, Dunkin Donuts, Meijer, McDonalds, Grand Appliance and more. Still owned by the same family who built it in 1994 reflecting pride of ownership and stability. The family business, B & G Cyclery, has been there since the beginning and can be negotiated separately. Great value and opportunity to make money!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,200 SF
Building Class
C
Year Built
1994
Price
$375,000
Price Per SF
$89.29
Tenancy
Single
Building Height
1 Story
Building FAR
0.42
Lot Size
0.23 AC
Zoning
C-3 - C-3 General Business District is intended to provide areas to be used for most types of
retailing & service uses, wholesale, & limited industrial uses
Parking
15 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
127’ on Rollins Road
AMENITIES
- Corner Lot
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $97,026 | |
| Land Assessment | $25,561 | Total Assessment | $122,587 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$25,561
Improvements Assessment
$97,026
Total Assessment
$122,587
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131 E Rollins Rd
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