604 Rollins RdIngleside, IL 60041

Property Details for 604 Rollins Rd

Lot size

0.34 AC

Property type

Commercial real estate

APN

05-14-110-012

APU

514110012

Description

This exceptional investment opportunity presents a 3,091 square foot storefront building located at 604 Rollins Rd, Ingleside, IL 60041. Currently 100% occupied by the United States Postal Service under a triple-net (NNN) lease, this single-tenant property offers a secure, long-term investment with a substantial return. The building, constructed in 1961, sits on a 0.37-acre lot and is zoned B-3. The current lease has seven years remaining, with the tenant prepared to extend for an additional five years. The USPS is responsible for typical maintenance and real estate taxes, minimizing the owner's operational responsibilities. The property boasts a net rentable area of 2,627 square feet, with an asking price of $625,000, translating to $202.20 per square foot. Its prime location across from the Metra commuter train station on busy Rollins Road in Lake County, Illinois, ensures high visibility and accessibility. This is a rare chance to acquire a stable, income-producing asset with a strong tenant and a long-term lease. The property features one story and one building. The APN is 05141100120000.

Location Insight

City

Ingleside

County

Lake

State

Illinois

Latitude

42.3844

Longitude

-88.1537

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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