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230 E Rollins Rd
Round Lake Beach, IL 60073

$7,482,000 USD

Department Store For Sale  •  89,306 SF

Property Details

  • Property Type Department Store
  • Total Building Size 89,306 SF
  • Lot Size 7.81 AC
  • Building Class C
  • Year Built 1999
  • Cap Rate 8.00 %
  • Tenancy Single
  • Zoning C-2,Round Lake Beach
0 Transit Score
62 Walk Score

Highlights

Recently exercised lease option through 2030
Absolute NNN – No landlord responsibilities
Single digit rent of $6.90 PSF
Large 7.8-acre lot
Located along East Rollins Road (26,200 VPD) and near IL Route 82 (21,200 VPD)
Six-figure average household income within five miles ($129,074)

Property Flyers

Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Kohl's 2/2/2030

Public Transportation

Commuter RailDriveWalkDistance
Round Lake Beach Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min 19 min 1.0 mi
Washington St (Grayslake) Station (Ncs) (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 3.4 mi
AirportDriveWalkDistance
Chicago O'Hare International 52 min - 38.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 567
Type: Surface
Included in Rent: Yes
John Feeney 847-562-9280 The Boulder Group
John Feeney 847-562-9280 The Boulder Group