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229-301 Rollins Rd

6,150 SF Office Building Round Lake Beach, IL 60073 £469,862 (£76/SF)

Investment Highlights

  • High Visibility
  • Live/Work Space
  • Private Restroom
  • Two drive in entrances
  • Parking Lot

Executive Summary

High profile Round Lake Beach location on busy Rollins Road corridor. This former medical rehab facility and hobby shop has parking in front and rear. The large 3 car garage with high ceiling is ideal for inventory storage and light assembly. Comes with an attached 3 bedroom brick ranch with full finished basement. Well constructed with top of the line HVAC systems. Attached home allows you to work where you live or rent out for investment income. Join Popeyes, Thortons, Chili's, Kohls, Wendy's, Meijers, Harbor Freight, etc... Over 30,000 vehicles pass this location per day!! Great signage opportunity for professional office, retail sales, hair/nail salon, liquor, vape (subject to city permission). Potential to lease additional parking owned by dental office. Access from Rollins and Hawthorne Drive. Unique property provides a unique opportunity. Former rehab space is approx. 1,950sf, split level hobby shop area approx. 2,200 sf, First floor of home is approx. 2,000 sf, basement 1,550sf. Owner will sell, lease or consider a lease option.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes £5,193 £0.74
Operating Expenses - -
Total Expenses £5,193 £0.74

Financial Summary (Actual - 2023)

Taxes
Annual £5,193
Annual Per SF £0.74
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £5,193
Annual Per SF £0.74

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,150 SF
Building Class
C
Year Built
1955
Price
£469,862
Price Per SF
£76
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
6,150 SF
Building FAR
0.28
Land Acres
0.50 AC
Zoning
C-3 - Provide areas to be used for most types of retailing & service uses & limited industrial
Parking
21 Spaces (3.41 Spaces per 1,000 SF Leased)

Amenities

  • Fenced Lot
  • Signage
  • Storage Space
  • Central Heating
  • Natural Light
  • Air Conditioning
Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-16-306-033
Land Assessment
£35,011
Improvements Assessment
£18,354
Total Assessment
£53,366
Annual Taxes
£5,193 (£0.84/sf)
Tax Year
2023
  • Listing ID: 34019866

  • Date on Market: 16/02/2024

  • Last Updated:

  • Address: 229-301 Rollins Rd, Round Lake Beach, IL 60073

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