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"Mr Pete" Eichler
Designated Managing Broker

Round Lake IL Real Estate & Land for Sale

4 Properties Found

The median home value in Round Lake, IL is $205,000. This is lower than the county median home value of $300,000. The national median home value is $308,980. The average price of homes sold in Round Lake, IL is $205,000. Approximately 77% of Round Lake homes are owned, compared to 18% rented, while 5% are vacant. Round Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Round Lake real estate agent to arrange a tour today!
Learn more about Round Lake.


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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
12584362
Type:
Land
Lot size:
0.16 Acres
A broker reciprocity listing Courtesy: PlatLabs, LLC
View additional info

This vacant lakefront lot offers an excellent opportunity to build your future home or make a smart investment. Situated in a desirable neighborhood, the property features 0.16 acres with wooded terrain. Well is required, public sewer is available. Enjoy a peaceful setting while remaining conveniently located near shopping, dining, schools, and major highways, providing easy access to city amenities. Whether you're looking for a private retreat, a development opportunity, or a long-term investment, this lot provides the flexibility and location to suit your needs.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12462666
Type:
Land
A broker reciprocity listing Courtesy: Kale Realty
View additional info

Prime Development Opportunity in Round Lake Park! This unique property offers 3 full lots with an existing structure just two blocks from Round Lake. Each lot measures 39.99 x 104.7, creating the perfect canvas for a builder's vision. Potential to develop 3 new single-family homes Convenient location near the lake, parks, and schools Existing structure on-site with a 4 bed / 2 bath floor plan ready for completion or redevelopment. Whether you're an investor looking for your next project or a builder ready to create a small community of homes, this property provides the flexibility and location to bring your ideas to life.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12426599
Type:
Land
Lot size:
4 Acres
A broker reciprocity listing Courtesy: Brian Coleman & Associates,Inc
View additional info

4 Acre COMMERCIAL PARCEL - (Zoned C-2 PUD). Well located at the entrance of Madrona Village. MANY POSSIBLE USES - IDEAL for Restaurant, Retail, Entertainment, Industrial, Senior Housing (Indpendent Living and/or Assisted Living)! READY FOR DEVELOPMENT. Utilities are readily available to the site and storm water management is likely being provided off-site. For Info. 8473223566

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12394662
Type:
Land
Lot size:
1.69 Acres
A broker reciprocity listing Courtesy: RE/MAX Suburban
View additional info

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.

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Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 3/11/2026 2:37 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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