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145 Lakeview Pky
Round Lake Beach, IL 60073
SEQ of Wood Rd and Rollins Rd · Land For Sale
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5.73 AC
Investment Highlights
- Zoned I-1 Limited Industrial District for indoor manufacturing uses.
- Near Round Lake Beach Metra Station with service to Chicago.
- Located immediately west of the Route 83 signalized intersection.
- Seller pursuing wetland relocation efforts to increase developable area.
Executive Summary
The site benefits from more than 350 feet of frontage along Rollins Road (Route 31), providing visibility and direct access to one of the area's primary transportation corridors. The property is located immediately west of the lighted intersection at Route 83, enhancing accessibility and connectivity throughout the northern Chicago metropolitan region. Nearby transportation advantages include proximity to the Round Lake Beach Metra Station, offering commuter rail service to Chicago and surrounding communities.
The surrounding area features established commercial, industrial, recreational, and residential development, including nearby retail centers, golf courses, schools, and regional transportation routes. Regional connectivity is supported by Routes 31, 83, and 45, while O'Hare International Airport is approximately 37.6 miles away and downtown Chicago is approximately 50.5 miles from the property.
Ownership has initiated efforts to relocate or remove low-quality wetlands affecting portions of the site, with the objective of creating additional developable land within the northwest corner of the property. Combined with its frontage, accessibility, industrial zoning, and regional transportation access, the property offers a development opportunity for a variety of commercial and industrial uses.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 5.73 AC |
| Zoning | I-1 - Limited Industrial Disctirct | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 5.73 AC |
| Zoning | I-1 - Limited Industrial Disctirct |
1 Lot Available
Lot
| Price | $750,000 | Lot Size | 5.73 AC |
| Price Per AC | $130,890.05 |
| Price | $750,000 |
| Price Per AC | $130,890.05 |
| Lot Size | 5.73 AC |
±5.73-acre industrially zoned development site at the SEQ of Wood Rd & Rollins Rd. Features 350+ feet of Rollins Road frontage, access near Route 83, and proximity to Metra commuter rail service.
Description
The property consists of approximately 5.73 acres located at the southeast quadrant of Wood Road and Rollins Road in Round Lake Beach, Illinois. The site is zoned I-1 Limited Industrial District and includes more than 350 feet of frontage along Rollins Road (Route 31). The property is situated west of the signalized intersection at Route 83 and is located near the Round Lake Beach Metra Station. Marketing materials indicate the owner is pursuing relocation or removal of identified low-quality wetlands affecting portions of the site. The brochure reports annual real estate taxes of $15,647 and an asking price of $750,000.
Property Taxes
| Parcel Number | 06-15-100-075 | Improvements Assessment | $0 |
| Land Assessment | $155,633 | Total Assessment | $155,633 |
Property Taxes
