131 E Rollins Rd
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131 E Rollins Rd
4,200 SF Retail Building Round Lake Beach, IL 60073 £296,254 (£71/SF)
Investment Highlights
- Over 30,000 Vehicles Per Day (per IDOT)
- Signalized Intersection
- C-3 Zoning
- Great Exposure on Rollins Road
- Built in 1995
Executive Summary
LOCATION LOCATION LOCATION!! This 4,200 square foot, well built structure has low maintenance steel roof/siding and high visibility on Rollins Road. Building is slab on grade, clear span and insulated. Has double door access on two sides (an overhead door can be added). Constructed in 1995 to house BG Cyclery. Great retail location near Thorntons, Wendys, Kohl's, Popeyes, Meijers, Dunkin Donuts. C-3 zoning allows retail, office, restaurant, dollar store, grocery store, etc... Allows auto/motorcycle sales and or repair with special use permit. Great exposure on Rollins Road at signalized intersection of Rollins and Orchard. Existing layout includes large showroom w high ceilings plus office and warehouse/loft area. TRANE HVAC with Central air! Over 30,000 cars pass each day! Operator of B & G Cyclery
willing to consider a lease agreement OR will consider selling business with inventory to a new operator. Long time building owner looking to retire! Please do not disturb employees/customers. No sign.
willing to consider a lease agreement OR will consider selling business with inventory to a new operator. Long time building owner looking to retire! Please do not disturb employees/customers. No sign.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
£8,638
|
£2.06
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£8,638
|
£2.06
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | £8,638 |
| Annual Per SF | £2.06 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £8,638 |
| Annual Per SF | £2.06 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,200 SF
Building Class
C
Year Built
1995
Price
£296,254
Price Per SF
£71
Tenancy
Single
Number of Floors
1
Building FAR
0.42
Land Acres
0.23 AC
Zoning
C-3 - C-3 General Business District is intended to provide areas to be used for most types of
retailing & service uses, wholesale, & limited industrial uses
Parking
15 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
127 ft on Rollins Road
Amenities
- Corner Lot
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score ®
Very Walkable (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Total Assessment | £88,767 | |
| Land Assessment | £18,509 | Annual Taxes | £8,638 (£2.06/sf) |
| Improvements Assessment | £70,258 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£18,509
Improvements Assessment
£70,258
Total Assessment
£88,767
Annual Taxes
£8,638 (£2.06/sf)
Tax Year
2023
-
Robert Frank -
Robert E. Frank Real Estate
(847) 356-5263
x11
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131 E Rollins Rd
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