Round Lake Beach IL Real Estate & Commercial for Sale

Property Zoned C-3 and ready for redevelopment. Nonconforming residential use allowed and for perfect work/live situation. Residential lot behind property is also for sale and city is willing to consider use of that lot for swale. Bring your ideas and your businesses. Investors welcome. Current home is 3BR 2BA with detached 2.5 car garage.

INCREDIBLE OPPORTUNITY IN HOT ROLLINS/RT 83 CORRIDOR. 4200 SQ FT MULTI-USE COMMERCIAL BUILDING ON OVER 1 ACRE OF PROPERTY! ZONING IS C-3( An additional 1500 sq. ft. is available if needed. State Farm unit) CURRENTLY USED AS OFFICE SPACE, PREVIOUSLY USED AS FULL-SERVICE RESTAURANT, HAVING HIGH USAGE PLUMBING AND ELECTRIC SERVICES. PARTIAL DEEP BASEMENT (APPROX 2000 SQ FT) AS WELL! PARKING FOR 55 CARS CURRENTLY, WITH THE POTENTIAL FOR MORE! IDEAL FOR MANY OTHER USES, NO LOAD-BEARING OR SUPPORTING INTERIOR WALLS! POTENTIAL FOR DRIVE-THROUGH WINDOW(S). GREAT FOR MEDICAL, MULTI-UNIT STRIP CENTERS, RESTAURANT, OR OTHER RETAIL. ROOM TO EXPAND BUILDING AND PARKING AREA IN THE ONE ACRE PLUS LOT.

This property is fully occupied. New Boiler, new heat, newer Roof and New Paint throughout. Great Investment with side lots available. Multiple lots available in a separate purchase of $389k: 3 vacant side lots as follows PIN 0617407002 $1,100 (known as 11W Rollins) + PIN 0617407003 $1,100.00 (known as 9W Rollins) + PIN 0617407004 $1,100.00 (Known as 7W Rollins) four of the units are one bedroom and seven of the units are two bedroom. Steady Income Producer at 6.5%cap.