Round Lake IL Real Estate & Commercial for Sale

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!!

4,200 SF commercial building in a fantastic location near many national retailers at a high visibility and high traffic signalized intersection (over 30,000 cars per day on average). The building features durable and low maintenance steel construction with 18' ceiling heights (20' at the peak) and a clear span footprint of 60' x 70'. It has a beautiful showroom of approx. 40' x 60' plus private offices and a workshop in back. There is a public bathroom in front and a private bath in back plus two sets of double doors for deliveries. There is also a mezzanine area for additional storage. High efficiency furnaces, LED lighting, insulation and central air, too. Located directly across from Thornton's and Wendy's and near Kohl's, Panera, Dunkin Donuts, Meijer, McDonalds, Grand Appliance and more. Easy access to I94 and both Chicago and Milwaukee airports. Still owned by the same family who built it in 1994 reflecting pride of ownership and stability. The family business, B & G Cyclery, has been there since the beginning and can be negotiated separately. Great value and opportunity to make money!

Tri-level single-family home on a quiet dead-end street, set on 0.76 acres. Built in 1965, this property offers 3 bedrooms, 1 bath, a family room with bar, fireplace, bonus/storage room, and dedicated laundry room. The 2.5-car attached garage provides 200-amp service, ample parking and storage, plus two additional sheds with electricity. Enjoy outdoor living on the deck with added privacy behind the bank property. Conveniently located near shopping, banking, and medical facilities. Zoned C-3 (commercial) though currently used as residential; buyer may explore rezoning to R-4. Village-owned lot to the north with planned Hook Drive extension project. Sold AS-IS.

Ideal location with approximately 350 feet of frontage on Milwaukee Ave with a daily traffic count near 18,000 in Round Lake Beach. This property is just under 2 acres with 2588sf of office space. Two shops 52X38 and 52X28 with 14 foot drive in doors and a 1.2 acre secure fenced in yard. This property is suitable for a multitude of uses - contractor yard, auto repair, boat repair, storage, redevelopment use for restaurant, retail, etc... Owner financing available.

Ideal location with approximately 350 feet of frontage on Milwaukee Ave with a daily traffic count near 18,000 in Round Lake Beach. This property is just under 2 acres with 2588sf of office space. Two shops 52X38 and 52X28 with 14 foot drive in doors and a 1.2 acre secure fenced in yard. This property is suitable for a multitude of uses - contractor yard, auto repair, boat repair, storage, redevelopment use for restaurant, retail, etc... Owner financing available.

Rare opportunity to own this spectacular & highly recognized building that offers versatile space on busy corner at signaled intersection in the heart of downtown Grayslake. This prime piece of real estate in a vibrant community is steps from restaurants, shops, entertainment, community festivities/parade and a short ride or bike ride to Metra. This updated property offers the flexibility for retail, office, airbnb, 2 flat, home, or any combination. Separate entrances for Main Level & 2nd Level. This very well cared for Victorian, includes 7 Rooms, 2 full Bathrooms, full Kitchen & Kitchenette, Enclosed Porch, fenced yard w/paver brick patio, basement for storage, 2 car detached garage, and parking for 6 vehicles. There's more - New roof on back of building and main roof is in great shape, updated HVAC system, separate gas & electric, newer electrical service, & updated plumbing.

One of the best corner locations in town: Center St and Slusser St.!! Thriving downtown Grayslake situated right in front of a municipal parking lot on a busy corner across the street from restaurants, stores, apartments and condos. Two buildings that were combined years ago and have been used for a variety of purposes including medical office and most recently a local pharmacy. Currently 2,500 SF is vacant and the rest is leased by an attorney who has been there for many years. The property has its own private parking lot for 9 cars. Great opportunity for redevelopment and would be a great location for a restaurant/ bar with two floors and an outdoor dining area. The downtown zoning (CB) allows for up to four stories in height.

**Prime Commercial Property in the Heart of Downtown Grayslake: 132 Center Street** Located in the vibrant, sought-after downtown area of Grayslake, this exceptionally well-built block building is ready for its next phase. With a long-standing history as an owner-occupied hair salon that has thrived for over 30 years, this space offers great potential for a variety of uses. This property is perfect for those looking to combine work and home life. The front retail space, spanning 1,291 square feet, provides ample room for your business, while the 1,001-square-foot residential space in the back offers an ideal living environment. Enjoy the convenience of running your business from the comfort of your own property. For investors, this building is a great revenue-generating opportunity with a strong chance for significant appreciation. Create cashflow by leasing the commercial and residential spaces together or separately. With Commercial Business zoning, this property supports a wide range of uses, making it adaptable to evolving business or development needs. There is also potential for significant expansion, including the possibility of a four-story renovation. Grayslake is a highly desirable community, conveniently located almost midway between Chicago and Milwaukee. With an above average household income, the area offers a thriving local economy and a growing population eager to support new businesses and developments. This unique property is a must-see for entrepreneurs, investors, or anyone seeking a prime location in a vibrant and growing downtown community. Don't miss your chance to secure a piece of Grayslake's future!

Rarely available new freestanding building zoned commercial on IL Route 83 in the heart of Grayslake. The property consists of a commercial building and residence next to each other. The attached residential home has 3 bedrooms, large attic and full partially finished basement. 1 1/2 bathrooms and two laundry locations. Has a nice and quiet back yard. The commercial space has built up offices currently, however it is suitable for a variety of businesses. Has two bathrooms, two entrances and a service door as well. ADA access approved. The commercial building is on trusses, so you can take all the walls down, no support is required in case you want to use it for kindergarten, dance studio or karate training facility. The property is divisible with separate electric, HVAC and gas. Could be used for permanent residence with business attached or for business only. It has very large parking with 24 parking spots. Bring your ideas, make it your own, put your business sign on Rd 83. No association, no rules, no fees, you are your own boss. Triple N lease for 3+ years. commercial side division for 3250

An attractive two unit storefront building that was completely renovated in 2005 and is now fully rented. Currently occupied by Texas Bebe's Quesobarria (restaurant) which recently expanded but has a short term lease. The other space has been a thrift store for many years, and was recently taken over by a new tenant with years of experience called Wild Raspberry Resale. The thrift store space is about 4,800 SF and has two overhead doors. There are two parcels, one of which is a parking lot. Located on a busy state highway in the heart of Grayslake. Great opportunity!

Discover an exceptional opportunity to own a spacious 4,800-square-foot restaurant situated on a generous 0.77-acre lot, encompassing five individual parcels for added space and flexibility. This restaurant is fully equipped and ready to bring your culinary vision to life. Inside, you'll find a 15-foot hood, a dedicated prep area, a walk-in cooler, and multiple stand-alone freezers, ensuring efficient kitchen operations. The inviting dining area accommodates up to 110 guests, complemented by a dedicated bar and a gaming area that currently features four gaming machines, with the potential to add two more for increased revenue. The property also includes an upstairs space, ideal for storage or use as an office. Ample parking across the five lots enhances accessibility for guests. With its thoughtful layout and endless possibilities, This property is well-equipped and ready for your vision. Situated in Ingleside, an unincorporated community in Lake County, Illinois, between Fox Lake, Round Lake Heights, and Lake Villa, this restaurant space offers prime accessibility just off Route 59 and near Fox Lake. Surrounded by other lakes and nearby residential subdivisions, it benefits from convenient access to Route 12, making it ideally positioned to serve the community. Plus, it's only a short drive to downtown Fox Lake, providing excellent proximity to nearby attractions and amenities.

Cedar View Plaza Office Building (14,000 square feet and warehouse 1,280 square feet) being sold by original builder after 40 plus years ownership! This brick and frame professional office building offers lots of flexibility to lease space. Originally constructed for medical office the building has evolved into professional/service businesses. Most offices have natural light from large windows. Hallways have fresh paint and carpeting. Common area tile bathrooms on first and second floors. Climate controlled building has 4 newer rooftop units for heat. Newer GacoFlex roof coating. Tenants pay individual office electric while Landlord pays heat, air conditioning, sewer and water. Tenants can walk to downtown Lake Villa restaurants, bars and METRA station. Ample parking. Includes block 32x40 garage with fenced in material yard on over one acre of land. Original builder/owner looking to retire. Long time tenants include Air Technicians, Brooks Allen and Business to Business. Lake Villa may allow conversion of second floor to apartments. Financials upon request and NDA. Please allow 24 hours for showings. Call for available office spaces.

Great Space, Main Office area is 1,875 sq ft has three private offices, conference room, one washroom, breakfast area, reception area and planning and work stations. Warehouse area has 17 ft clear ceilings, infrared heat, three drive-in-doors, conference room, shop office, and three individual foremen coordination centers and two washrooms, one of the washrooms has a shower.

Prime Mixed-Use Opportunity on Hwy 45 in Grayslake! Bring your vision to this versatile mixed commercial/residential building in a high-visibility location on busy Hwy 45. The main level offers five store fronts/offices, perfect for retail, professional offices, or a blend of both. The upper level features a spacious apartment, ideal for owner-occupancy or generating additional rental income. This property offers multiple ways to maximize your investment: live on-site and run your own business, lease the entire space, or operate one unit while collecting rent from the others. There's parking for approximately 10-12 vehicles in front and along the sides, making it convenient for tenants and customers alike. Whether you're an entrepreneur looking for a launchpad, an investor seeking a strong income property, or a business owner ready to expand, this property offers the flexibility and location to make it happen.

The property is also offered for sale under listing number 12481766 The property consists of 5 office/suites, plus a second level apartment. Currently available are two 743 sq ft suites, suitable for retail or office. The current suites were formerly a family counselor's office. Neighbors in the the building include a Medical Oxygen supply firm, as well as a Plumbing firm's office. Rental rate is on a Gross lease basis and each unit is separately metered for utilities. Adequate parking in front of the suites, with additional parking on the east and west ends of the building.

Turnkey Mexican Seafood Restaurant + Real Estate. Fully remodeled former Burger King now operating as a successful Mexican seafood restaurant with established clientele. High-traffic location, ample parking, and sleek modern interior. Featuring a full bar and designated gaming area, the space is designed to maximize customer experience and revenue. A rare chance to own a thriving business and valuable commercial property-ready for immediate takeover!

Excellent location in the central business district, this property comes with the prime opportunity to utilize the existing large warehouse building or develop the land for a new commercial use. Located next to the PUD for entertainment development as well as the new Culver's and Ben Watt's Marina. Prior use was an automotive repair shop and showroom. There are three rooms for repairs with two story ceilings and 5 large Drive in Doors. Multiple hanging heaters, high level shop lighting, and floor drain still in place. Lifts and all other equipment have been removed. There is one large showroom in front and multiple offices behind. Ideal location for redevelopment into a retail space with the incredible visibility on HWY 12. Owner will consider financing. Phase 2 Environmental has been completed and came back clean. All measurements approximate and to be verified by buyer and buyer's agent.

Great Investment building for the Investor or Owner occupant. Four unit building with great exposure right on Highway 12 in Fox Lake. Two side by side commercial units on the main level and an efficiency apartment unit. One side is leased out by a Barber that has been there for 4 years and would like to stay. Second unit is currently vacant, has been totally remodeled, and ready to lease @$1500.00/mo or become owner occupied. Second unit has access to around 440 Sq' Ft of finished office or storage space in Basement. The efficiency apartment in rear of building on the main level is one big room, bedroom area, kitchen area, and a bathroom. The second floor has a large living room open to the Kitchen, 2 bedrooms, 1 full bath, and a walk out roof top patio. The full basement is clean and has the mechanicals and lots of storage space. This building has been well maintained, sits on 2 lots (.34 acres), and has parking for around 25 cars. The current tenents are all on a month to month lease. Contact agent for showings.

Well-maintained, brick 12-unit apartment building located in desirable Fox Lake. Walking distance to Downtown Fox Lake, Metra Station, and local shopping and dining options. Property is all two-bedroom units and includes two parking spaces per unit. Building features on-site laundry facility, security system, and balconies/patios. Recent improvements include fresh exterior paint in 2025, new laundry room and hallway carpet in 2024, new attic ventilation added with new roof and gutters. Property is zoned for commercial and residential. Each unit has electric baseboard heat that is paid by the tenants.

Prime 17+ Acre Development Opportunity. Gages Lake, Illinois Residential - Commercial - Institutional - Luxury Estate Potential. Introducing a rare and versatile 17+ acre infill parcel in the heart of Lake County offering unmatched flexibility for residential subdivision, mixed-use commercial, Institutional, or private paradise estate development. Property Highlights Size: 17+ Acres Structures: 3 Existing Residential Homes (1 building is a duplex with rental income). Zoning: Split Zoning Residential & Commercial. Location: Borders a school and the established 35-home Wooded Glen Subdivision. Features: Central retention pond (ideal for future park/amenity) Utilities: Gas & Electric onsite. Access: High visibility frontage on Gages Lake Road. Development Potential. Residential Subdivision: 30-36 single-family lots (precedent set by adjacent subdivision). Mixed-Use Plan: 4-6 acres commercial frontage + 25-30 residential homes in rear. Institutional/Educational Campus: Charter/private school, religious center, assisted living, or retreat campus. Luxury Compound: Multi-generational gated estate or equestrian property using existing homes. Flexible Zoning reduces rezoning risk. Strategic Location: Adjacency to school ensures strong demand and community integration. Amenity Potential: Retention pond can be enhanced as a visual and recreational centerpiece. A rare, high-demand parcel ideal for developers, institutions, or private paradise estate buyers looking to create something extraordinary! --CONFIRMED SHOWINGS REQUIRED TO VIEW THE PROPERTY-

Prime 17+ Acre Development Opportunity. Gages Lake, Illinois Residential - Commercial - Institutional - Luxury Estate Potential. Introducing a rare and versatile 17+ acre infill parcel in the heart of Lake County offering unmatched flexibility for residential subdivision, mixed-use commercial, Institutional, or private paradise estate development. Property Highlights Size: 17+ Acres Structures: 3 Existing Residential Homes (1 building is a duplex with rental income). Zoning: Split Zoning Residential & Commercial. Location: Borders a school and the established 35-home Wooded Glen Subdivision. Features: Central retention pond (ideal for future park/amenity) Utilities: Gas & Electric onsite. Access: High visibility frontage on Gages Lake Road. Development Potential. Residential Subdivision: 30-36 single-family lots (precedent set by adjacent subdivision). Mixed-Use Plan: 4-6 acres commercial frontage + 25-30 residential homes in rear. Institutional/Educational Campus: Charter/private school, religious center, assisted living, or retreat campus. Luxury Compound: Multi-generational gated estate or equestrian property using existing homes. Flexible Zoning reduces rezoning risk. Strategic Location: Adjacency to school ensures strong demand and community integration. Amenity Potential: Retention pond can be enhanced as a visual and recreational centerpiece. A rare, high-demand parcel ideal for developers, institutions, or private paradise estate buyers looking to create something extraordinary! --CONFIRMED SHOWINGS REQUIRED TO VIEW THE PROPERTY-

Introducing an Exceptional Business Opportunity at Delaware Commons! Discover the perfect space for your business in the heart of Delaware Commons - a vibrant neighborhood center that ensures maximum visibility and accessibility. This prime1,000 square feet unit is strategically located to capture the attention of the bustling community and take advantage of the high traffic counts, boasting over 23,000 vehicles per day (VPD). Key Features: **Prime Location: ** Nestled in the heart of Delaware Commons, this property is at the epicenter of local commerce, ensuring your business gets the attention it deserves. **High Traffic Counts: ** With over 23,000 VPD, your business will benefit from a steady stream of potential customers, enhancing day-to-day footfall and sales opportunities. **Proximity to Warren Township School District: ** Tap into the local community by being close to the prestigious Warren Township School District, creating a potential customer base among parents, students, and faculty. **Synergy with Local Businesses: ** Join a community of thriving local businesses, fostering a collaborative environment that promotes healthy growth for each individual enterprise. **Versatile Space: ** The 1,000 square feet unit offers a versatile space that can be customized to suit various business needs, providing the flexibility to create the perfect setting for your venture. Seize this opportunity to elevate your business and become an integral part of the Delaware Commons community. For more details and to secure this prime commercial space, contact our experienced listing brokers. Don't miss out on the chance to make your mark in one of the most dynamic business hubs in the region!

Building on 6 parcels, directly across from Petite Lake. Property has been the home for a neighborhood bar/restaurant. Currently tenant operated as bar/restaurant/gaming machines. Owner wants to liquidate this asset, so it's priced accordingly. The business not only attracts local neighborhood residents, but also loyal customers from the Antioch/Chain-O-Lakes area. With a full kitchen, ample restaurant seating and bar space, the venue has also had years of live entertainment. There is ample parking as well as an outdoor patio, with unobstructed views of Petite Lake. The neighborhood/Association park is directly across the street, which provides the view of the water. The property will come with any and all bar and restaurant equipment that is currently not owned by the tenant. See private remarks

*** Located on Super Busy art 120***(Rand Rd) Across street is Lily Lake & Beautiful Water Views! west of Rand Rd /Rt 12 (Woodmans) East of Rt 31 and 2400 sq ft. Plus an Office/Store/with oversized Warehouse/Garage/Storage/Workshop with 3 Oversized Overhead Garage Doors for easy access. 100x100 ft lot with additional vacant property in fenced area. Vacant property in rear have All separate pins. ** Plus a separate 2 bedroom apartment also for rental income.** Plus More!!! SUPER HIGH TRAFFIC LOCATION!!!Property is Currently Total Investment Income Property!!! Realtor Broker Owned!

Discover the endless possibilities at 625 Bridgeport Terrace, where opportunity meets potential in the heart of Lindenhurst, IL. Whether you're an entrepreneur with a vision or an investor seeking the next big project, this versatile property is your blank canvas, ready to transform your dreams into reality. The expansive main room is over 6,500 SF with 14' clear height, which connects to a 1,000 SF warehouse that features a 10' overhead drive-in door and a triple basin. With 86 feet of frontage and a generous parking lot accommodating 36 vehicles, this property is primed for a range of dynamic possibilities, offering a unique opportunity for visionary investors and entrepreneurs.Currently utilized for retail, the expansive space opens the door to a multitude of future uses. Imagine transforming it into a full-service restaurant, complete with gaming facilities to enhance the dining experience. Alternatively, envision the property as a brewery or distillery, where craft enthusiasts can enjoy locally produced beverages in a lively setting. The layout is perfectly adaptable for creative or medical offices, providing a functional and inspiring environment for professionals.Additionally, the property holds the potential for special use projects, inviting innovative ideas and unique concepts. The village has grants available for permanent improvements, making it even more appealing to those looking to invest in lasting enhancements.Whether you're looking to establish a cutting-edge workspace or a community-focused venue, 625 Bridgeport Terrace offers the foundation to bring your vision to life. The location benefits from excellent accessibility and visibility, making it an attractive destination for patrons and clients alike.Seize the opportunity to shape the future of this property and make your mark in Lindenhurst. Bring your ideas and explore the endless potential that awaits at 625 Bridgeport Terrace.