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413 W Rollins Rd 6,440 SF Retail Building Round Lake Beach, IL 60073 $755,000 ($117.24/SF)
Investment Highlights
- Prime Round Lake Beach location
- Versatile C3 zoning with broad permitted uses
- Current tenant: Rent-A-Center
- Strong traffic count: approx. 24,000 Vehicles Per Day
- Approx. 6,440 SF building on .32- acre lot
- Special use permit allows auto/motorcycle sales/repair
Executive Summary
Attention Investors: Rent-A-Center is a national company with over 2,000 locations. The Round Lake Beach Rent-A-Center is one of the top performers in the region. This investment property has great exposure on the Rollins Road retail corridor with over 24,000 vehicle traffic count. This 6,440 square foot frame and metal building is directly across the street from Autozone, KFC and just west of Walgreens. Potential for long term income stream from profitable Rent-A-Center tenant. Tenant pays CAM, property taxes, and insurance. Lake County Division of Transportation improving Rollins Road corridor from Fairfield to Meijer Supermarket with wide pedestrian/bike sidewalks in 2027. Longtime landlord looking to retire. Contact listing broker for financials and showings. Do not disturb tenant or customers. 1031 Exchange Investment Opportunity!!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,440 SF
Building Class
C
Year Built
1976
Price
$755,000
Price Per SF
$117.24
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
0.32 AC
Zoning
C-3, Round Lake - Commercial
Parking
15 Spaces (2.55 Spaces per 1,000 SF Leased)
Nearby Major Retailers
1 of 8
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413 W Rollins Rd
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