For Sale
$975,000

Belvidere Rd Round Lake, IL 60073

15.3 Acres, High Traffic Corridor, Route 120

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 15.3-acre vacant land parcel presents a remarkable commercial development opportunity in Round Lake, Illinois. Strategically located on Route 120, a major thoroughfare connecting numerous communities to I-94, this property boasts 920 feet of prime frontage. The C-2-PUD zoning allows for a diverse range of uses, including community shopping districts, retail establishments, large stores, mixed-use developments (storefronts with apartments), and office buildings. The site benefits from a signalized intersection on its east side (Route 120 and Route 134) and another on the west (Route 120 and Cedar Lake Rd), ensuring high visibility and accessibility. Its advantageous location is further enhanced by its proximity to existing development and its placement within a rapidly growing area. The property is bordered by a retention pond to the north, farmland to the east, and existing retail to the south. All utilities are conveniently located on-site. The seller is flexible and willing to consider selling the property in phases, and seller financing is also available, making this an attractive investment opportunity for developers seeking a prime location with significant potential. The address is 0 Belvidere Road, Round Lake, IL 60073. The asking price is $975,000.

Highlights

  • $975,000 asking price.
  • 15.3-acre vacant land parcel.
  • Located in Round Lake, IL, in Lake County (zip code 60073).
  • High-traffic location on Route 120, offering 920 feet of frontage.
  • C-2-PUD zoning allows for diverse commercial uses, including retail, office, and residential.
  • Seller financing and phased sales considered.

Property Details for 0 Belvidere Rd

Property type
Land
Lot Size (sq. ft)
666,468 SF

Location Insight

City
Round Lake
County
Lake
State
Illinois
Latitude
42.3612999
Longitude
-88.0899304

FAQs

What type of property is this?
Land - 15.3 Acres, High Traffic Corridor, Route 120
Where is the land located?
The property is located at Belvidere Rd Round Lake, IL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: $975,000 asking price.; 15.3-acre vacant land parcel.; Located in Round Lake, IL, in Lake County (zip code 60073).
How can I contact the broker?
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0 Belvidere Rd
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