Auction Information
0.65 Acres in Round Lake Beach, IL
Commercial Lot in Chicago Metro Area
Lake County, Illinois is offering this commercial lot for public online auction on GovDeals. This auction is currently open for bidding and closes on April 28th. There is a $5,000.00 bid deposit required to bid on this property; please see auction page for full information regarding bid deposits, terms, and conditions. GovDeals LOT#10013-1010.
This is an irregular-shaped, corner site with level topography. The property is surrounded by a commercial shopping center occupied by Pep Boys, Hobby Lobby, and Jewel Osco. Access to the subject property is through the surrounding commercial shopping center. The site has frontage on E. Rollins Road and IL Route 83 but no direct vehicular access drives.
- Location & Address: Northeast corner of E. Rollins Road & IL Route 83 - common address: 800 E. Rollins Road, Round Lake Beach, IL 60073.
- Parcel Number: 06-15-100-025
- Land Area: 0.648 ac...
- Land Area: 0.648 acres (28,227 square feet)
- Zoning: C-3, General Business District
- Current Use: Vacant land
- Utilities Available: All public utilities
- Traffic Count: 20,800 VPD along E. Rollins Road and 18,700 VPD along IL Route 83
Market Conditions:
The property is located within the Central Northwest Retail Submarket of Chicago, which has a vacancy rate of 4.6%. Rents in the area have increased by 1.3% in the past 12 months and are currently around $21.00/SF. The submarket has seen significant positive absorption and stable market conditions.
Highest and Best Use:
The highest and best use of the subject property is as an out-lot as part of the adjacent commercial shopping center. This use is supported by the surrounding commercial environment, zoning classification, and neighborhood demographics.
Please see auction page for full information and to place your bids on this property.
This commercial real estate auction is being held online on GovDeals.
Auction #10013-1010, ending 4/28/2025.
To see full details, additional photos and current bid, please use the links provided or by going to GovDeals and searching '10013-1010.'
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