413 W Rollins Rd - Freestanding FOR SALE


Round Lake Beach, IL 60073
$755,000 USD
847-508-5263
413 W Rollins Rd, Round Lake Beach, IL for Sale
$755,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

413 W Rollins Rd
Round Lake Beach, IL 60073


HIGHLIGHTS

  • Prime Round Lake Beach location
  • Strong traffic count: approx. 24,000 Vehicles Per Day
  • Versatile C3 zoning with broad permitted uses
  • Approx. 6,440 SF building on .32- acre lot
  • Current tenant: Rent-A-Center
  • Special use permit allows auto/motorcycle sales/repair

OVERVIEW

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!!

FOR SALE DETAILS

PRICE

$755,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C-3, Round Lake

APN/PARCEL ID

06-17-306-038

ASK ABOUT THIS PROPERTY

Robert FrankRobert E. Frank Real EstateMore Info
847-508-5263

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Robert FrankRobert E. Frank Real EstateMore Info
847-508-5263

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.