Share This Listing

Message

948 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Prime Commercial Development Site – 1.69 acres of flat, usable land on a high-traffic, 4-lane corridor (Rollins Rd) with ~28,000 VPD.
  • High Visibility Location – Positioned next to Burger King and surrounded by national anchors like Home Depot, Meijer, Kohl’s, Panda Express, and Chili
  • Monument Signage Allowed – Maximum visibility with retail monument sign permitted along Rollins Road frontage.
  • Flexible Zoning (C-3 PUD) – Permits a wide range of uses including retail, restaurant (with drive-thru), medical, office, warehouse, cannabis
  • Strong Connectivity – Near Round Lake Beach Metra Station and major residential and retail traffic corridors.
  • Access Advantage – Ingress through adjacent Burger King lot offers convenience and flexibility.

Executive Summary

1.69-ACRE COMMERCIAL DEVELOPMENT SITE — C-3 PUD — ROLLINS ROAD, ROUND LAKE BEACH
Prime 1.69-acre commercial development site on Rollins Road, Round Lake Beach's primary retail corridor, carrying approximately 30,700 vehicles per day (Illinois Department of Transportation, 2023 average annual daily traffic). Zoned C-3 General Business District with a PUD designation, the parcel supports a wide range of retail, restaurant, medical, office and service development. Priced at $563,469 — approximately $333,000 per acre — well positioned against the corridor's national-retail anchors.
WHY THIS SITE WORKS
Rollins Road is where Round Lake Beach shops: the corridor is anchored by national retailers and daily-needs service businesses, and the surrounding communities of Round Lake, Grayslake and Hainesville continue to add rooftops that feed it. A 1.69-acre C-3 parcel on this corridor fits a freestanding retail or medical building, a multi-tenant strip, a restaurant, a child care center, or a service pad — ground-up product this submarket has little of and keeps absorbing. Drive-through formats are achievable as special uses through the village.
THE SITE
1.69 acres on Rollins Rd frontage with approximately 30,700 VPD. Zoned C-3 General Business with a PUD designation. Shovel-ready development opportunity — no demolition or prior structure to unwind. Buyer to verify all site conditions, utilities, entitlements and the recorded PUD plan in due diligence.
LOCATION
Rollins Road is the primary east-west commercial corridor serving Round Lake Beach, Round Lake, Hainesville and the western Grayslake area — one of Lake County's fastest-grown residential concentrations. Easy access to Route 83 and Route 120 connects the site to the broader central Lake County market, and the Rollins Road Metra station (Milwaukee District North) serves the corridor.
IDEAL FOR
Retail development site, commercial land, pad site, outlot, strip center development, shopping center site, multi-tenant retail, freestanding retail, restaurant site, fast casual restaurant, coffee shop, ice cream stand, bakery, deli, grocery store, food store, specialty grocery, meat market, supermarket pad, pharmacy, drugstore, package liquor store, medical office building, medical clinic, urgent care, dental office, dental clinic, doctor's office, chiropractor, optician, medical and dental laboratory, veterinary clinic, animal hospital, kennel, child care center, daycare, nursery school, preschool, bank, drive-in banking (special use), credit union, financial institution, insurance agency, real estate office, accounting office, attorney, law office, professional office, office building, engineering office, architectural office, hotel, motel, convalescent or nursing home, hardware store, farm and garden supply, garden center, nursery stock, building supply, lumber yard, swimming pool sales, furniture store, appliance store, electronics sales and repair, apparel store, shoe store, jewelry store, sporting goods store, toy store, variety store, antique store, camera store, book store, floral shop, barber shop, beauty shop, nail salon, tailor, photographic studio, music school, tire and auto accessory store, boat dealer, automobile rental, drive-thru restaurant (special use), gas station (special use), car wash (special use), auto repair (special use), auto dealership (special use), used car lot (special use), motorcycle sales (special use), self-storage / mini-storage (special use), gym (special use), health and fitness center (special use), martial arts studio (special use), dance studio (special use), gymnastics studio (special use), indoor entertainment center (special use), brew pub with taproom (special use), funeral home (special use), cannabis dispensary (special use), mixed-use commercial-residential (special use), wholesale, warehouse (special use), Rollins Road retail, Round Lake Beach commercial land, Lake County development site, 1031 land exchange.
PROPERTY FACTS
1.69 acres commercial land. $563,469 (~$333K/acre). Zoned C-3 General Business District (PUD), Village of Round Lake Beach. Rollins Rd frontage — approx. 30,700 VPD (IDOT 2023). Round Lake Beach, Lake County, IL 60073.
Contact Jason Bitton — RE/MAX Commercial — 847-858-2909 — Jason@JasonCRE.com
ZONING: C-3 GENERAL BUSINESS DISTRICT (PUD)
Village of Round Lake Beach Code of Ordinances, Appendix A (Zoning Regulations), Article VI, Sec. 604.0 — codified through Ord. No. 25-05-02 (May 19, 2025). Permitted uses are allowed by right. Special uses require village review and approval and are not guaranteed. This parcel carries a PUD (Planned Unit Development) designation: the recorded PUD ordinance / final development plan governs alongside the base C-3 standards and may modify permitted uses, density and bulk standards — review it before contract. Verify all uses independently with the Village of Round Lake Beach before purchase. Broker makes no representation as to approvability of any use.
PERMITTED USES (BY RIGHT) INCLUDE: Retail businesses including antique stores, apparel stores, retail bakeries, book and stationery stores, camera stores, candy and confectionery, dairy products stores, delicatessens, drug stores, dry goods, floral shops, grocery and food stores, hardware stores, ice cream stores, jewelry stores, meat markets, shoe stores, sporting goods, toy stores, variety stores, auto accessory stores, package liquor stores. Automobile and motorcycle accessory stores. Tire, battery and accessory dealers. Boat dealers. Building services and supplies. Farm and garden supply. Lumber yards. Nursery stock. Shopping centers. Restaurants (excluding drive-in service). Ice cream refreshment stands. Personal services including barber shops, beauty shops, dry cleaners, self-service laundry, music schools, photographic studios, shoe repair, tailor shops, computer and electronics sales and repair. Child care nurseries. Business services including banks, automobile rental, medical clinics, veterinary clinics, animal hospitals and kennels, electrical/plumbing/heating/paint shops, equipment rental, commercial parking lots, towing service. Professional offices including attorneys, physicians, dentists, chiropractors, opticians, medical and dental clinics and laboratories, accounting, engineering and architectural services, insurance, real estate, financial institutions. Governmental and quasi-public buildings, hospitals, vocational schools, post offices. Hotels and motels. Convalescent and nursing homes. Wholesale establishments and wholesale bakeries. Dairy products manufacture, printing and publishing, central laundry and dry cleaning plants.
SPECIAL USES (VILLAGE APPROVAL REQUIRED) INCLUDE: Automobile repair shops, service stations, filling stations, body shops, auto painting, undercoating, automobile laundry (car wash), diagnostic centers, driving instruction. Motor vehicle dealers, used car lots, mobile home dealers, camper sales, motorcycle sales and service, tire re

Attachments

0 Rollins OM

Property Facts

Price $563,469
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 1.69 AC
Zoning C-3 - Commercial

1 Lot Available

Lot

Price $563,469
Price Per AC $333,413.61
Lot Size 1.69 AC

1.69-ACRE COMMERCIAL DEVELOPMENT SITE — C-3 PUD — ROLLINS ROAD, ROUND LAKE BEACH Prime 1.69-acre commercial development site on Rollins Road, Round Lake Beach's primary retail corridor, carrying approximately 30,700 vehicles per day (Illinois Depart

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
40/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100
  • Listing ID: 40455785

  • Date on Market: 5/8/2026

  • Last Updated:

  • Address: E Rollins Rd & N Cedar Lake Rd, Round Lake Beach, IL 60073

Contact the Sale Advisor

E Rollins Rd & N Cedar Lake Rd

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}