Log In/Sign Up
Your email has been sent.
702 Magna Dr 14,800 SF Industrial Building Round Lake Heights, IL 60073 $1,628,000 ($110/SF)
Investment Highlights
- Rare freestanding, single-tenant industrial building.
- Functional office-to-warehouse ratio for operational efficiency.
- Situated on a sizable 2.3-acre parcel with ample parking.
- Located in Lake County, positioned between Chicago and Milwaukee with strong regional accessibility.
Executive Summary
702 Magna Drive in Round Lake, Illinois presents the opportunity to acquire a ±14,800 square foot single-tenant industrial building situated on approximately 2.3 acres. Originally constructed in 1989, the property features a functional industrial layout with approximately 2,045 square feet of office space and a 17-foot clear height warehouse. The facility is equipped with 400-amp, 3-phase power and offers efficient loading with one interior dock with leveler and one drive-in door (12’ x 14’), supporting a variety of industrial users. The freestanding building benefits from its I-1 zoning designation and potential for outdoor storage, as well as its location within Lake County, a business-friendly area positioned between Chicago and Milwaukee with access to a strong labor pool and regional transportation routes. The property is offered for sale at $1,628,000, providing investors or owner-users the opportunity to acquire a functional and well-located industrial asset
Property Facts
| Price | $1,628,000 | No. Stories | 1 |
| Price Per SF | $110 | Year Built | 1989 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.68/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 17’ |
| Building Class | B | No. Dock-High Doors/Loading | 1 |
| Lot Size | 2.30 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 14,800 SF | ||
| Zoning | I-1 - Warehouse | ||
| Price | $1,628,000 |
| Price Per SF | $110 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.30 AC |
| Rentable Building Area | 14,800 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Tenancy | Single |
| Parking Ratio | 1.68/1,000 SF |
| Clear Ceiling Height | 17’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-1 - Warehouse |
Amenities
- 24 Hour Access
- Skylights
- Storage Space
- Air Conditioning
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 06-20-303-005 | Improvements Assessment | $203,316 |
| Land Assessment | $35,813 | Total Assessment | $239,129 |
Property Taxes
Parcel Number
06-20-303-005
Land Assessment
$35,813
Improvements Assessment
$203,316
Total Assessment
$239,129
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
702 Magna Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.