649-655 Railroad Ave
Round Lake, IL 60073-3236
649-657 Railroad Ave
Round Lake, IL 60073-3236
  • Asking Price: $1,650,000
  • Cap Rate: 8.50%
  • Property Type: Multi-Tenant
  • Status: Available

5-tenant building shadow anchored by Ace Hardware and Dollar Tree. The building was built in 1954 and recently renovated in 2008. The property is located in Round Lake, IL located approximately 50 miles northwest of Chicago. The Property is less than 1,000 feet from the Round Lake Metra stop which is also the home to the main retail corridor of Round Lake. The property contains 18,600 SF of gross leasable area spread over 1 building on a 6.01 acre parcel. The Property is 100% leased to a complimentary mix of 5 local tenant that serve the needs of the area residents including a barber, café, indoor playground, martial arts studio, and a banquet hall.