Redevelopment Opportunity in Round Lake Beach
- Auction Registration & Info
- Showing Request
- Private message
Suggested Opening Bid: $360,000
Buyer’s Premium: The greater of 6% or $20,000
Cooperating Broker Commission: 2% of Bid Price/Offer Price (before Buyer‘s Premium is added)
Lot Size: Approx. .82 Acres
Building Size: Approx. 20,956
Parking: 29 Existing Spaces (Opportunity to Add More)
Zoning: C-3 Commercial
2019 Total Taxes: $16,567.82
2019 Taxes: $1,983.02
PIN #: 06182080120000
2019 Taxes: $7,603.14
PIN #: 06182080130000
2019 Taxes: $1,969.14
PIN #: 06182080140000
2019 Taxes: $5,012.32
PIN #: 06182080150000 (Round Lake Heights)
Traffic Count 10,900 VPD
Terrific vacant redevelopment opportunity. Approx. 20,956 SF commercial space on high traffic area sitting on approximately .86 AC. The building has 4 PIN #’s. The interior has been demolished and cleared to the walls and ceiling by the current seller. All steel and concrete construction. Ready for new build out. Configured for either multiple tenants or a single-use tenant. Ceilings are approximately 14’. There 29 existing parking spots to accommodate 1 car/5 persons. The village has indicated a strong willingness to help a buyer pursue a “special use” variance permit. Aggressively priced at approximately $18.00/SF.
Pre-auction offers strongly encouraged!
To review the documents for this property, please follow these 3 simple steps:
- Register on our website or log in with your existing account.
- Go to the Documents tab, click a document that you wish to review, and accept the confidentiality agreement terms by entering your password.
- You may now download the document.
Total Bids Placed:
Location: 832 West Rollins Road, Round Lake Beach, IL, 60073, United States
How to Submit Pre-Auction Bid
Click on the Pre-Auction Offer Form button on the property page and submit your bid with proof of funds.
How to Register & Bid Online
Register: If you do not have an account on this website, click the “Sign-Up” button above and complete the brief registration form. We will then send you an email with a verification link that you must click in order to create a new account.
Important: You must be pre-approved to bid online. Follow these instructions to get approved to bid online:
BID APPROVAL PROCESS:
Review all information and due dilligence documents posted on the property listing on our website.
Read the Terms and Conditions and Purchase and Sale Agreement posted on the property listing on our website.
Wire or overnight the certified funds required to bid on the property (for amount required see Terms and Conditions).
Click the “Register to Bid” button.
You will receive an email notifying you that you have been approved to bid on the property.
If you have any questions, contact us. We would be happy to assist you.
For wiring instructions email: firstname.lastname@example.org or call 847-509-2757.
There is a 6% Buyer's Premium ($20,000.00 minimum applies) in effect for this auction.
You must be logged in to request a showing for this property.