Sold
Last Sold Price
229 E Rollins Rd, Round Lake Beach, IL 60073
Mixed UseProperty Type
0.50 acresLot Size
1955Year Built

Description

High profile Round Lake Beach location on busy Rollins Road corridor. This former medical rehab facility and hobby shop has parking in front and rear. The large 3 car garage with high ceiling is ideal for inventory storage and light assembly. Comes with an attached 3 bedroom brick ranch with full finished basement. Well constructed with top of the line HVAC systems. Attached home allows you to work where you live or rent out for investment income. Join Popeyes, Thortons, Chili's, Kohls, Wendy's,...High profile Round Lake Beach location on busy Rollins Road corridor. This former medical rehab facility and hobby shop has parking in front and rear. The large 3 car garage with high ceiling is ideal for inventory storage and light assembly. Comes with an attached 3 bedroom brick ranch with full finished basement. Well constructed with top of the line HVAC systems. Attached home allows you to work where you live or rent out for investment income. Join Popeyes, Thortons, Chili's, Kohls, Wendy's, Meijers, Harbor Freight, etc... Over 30,000 vehicles pass this location per day! Great signage opportunity for professional office, retail sales, hair/nail salon, liquor, vape (subject to city permission). Potential to lease additional parking owned by dental office. Access from Rollins and Hawthorne Drive. Unique property provides a unique opportunity. Former rehab space is approx. 1,950sf, split level hobby shop area approx. 2,200 sf, First floor of home is approx. 2,000 sf, basement 1,550sf. Owner will sell, lease or consider a lease option.
  • Listed by: Robert Frank 847.356.5263 robertefrankrealestate@gmail.com;Landman5263@aol.com • Robert E. Frank Real Estate
Listing closed: 05/30/2025 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12213098

Recent comparable sales

Median sold price

$27,500

Avg days on market

456

Sale-to-list ratio

74.5%

Round Lake Beach, IL

9 comparable properties found

1

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Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
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Acres
$18,000 | 1302 Ardmore Drive, Round Lake Beach, IL 60073
1/6
2

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Bathrooms
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Square Feet
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3

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Bathrooms
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a view of a yard with large trees
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$16,000 | 1414 North Pleasant Drive, Round Lake Beach, IL 60073
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Sold 08/09/25

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$15,000 | 29 Ferndale Drive, Round Lake Beach, IL 60073
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Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
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Acres
a view of yard with tree and green space
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9

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Location

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Property Information for 229 East Rollins Road

Property Details
  • Taxes: $6,620 / year
  • MLS Type: Commercial Sale
  • County: Lake County
  • Area: Round Lake Beach / Round Lake / Round Lake Height
  • Township: Avon
  • Air Conditioning Type: Central Air
  • Zoning: COMMR
Building Information
  • Stories: 1
  • Residences: 3
  • Year Built: 1955
  • Lot Size: 0.50 AC / 21,985 SF
General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces,Detached
  • Outdoor Parking: 13-18 Spaces
Location and General Information
  • Frontage Type: County Road
  • Geographic Locale: North Suburban
  • Information: Show-Call Listing Office
Taxes and HOA Information
  • Estimated Tax/Sf: 0
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 101 to 200 Amps, Other
  • Flooring: Carpet, Concrete, Parquet, Varies, Vinyl, Wood
  • # Of Washers: 1
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 1
  • Washer/Dryer Lsd: No
  • Misc Inside: Heavy Floor Load,Private Restroom/s,Public Restroom/s,Storage Inside,Basement
  • # Of Dryers: 1
  • # Of Dishwashers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
  • Misc Outside: Storms and Screens (as exist)
Utilities / Equipment
  • Water: Municipal Water
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat, Sewer, Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 120 X 70 X 62.5 X 130 X 100 X 104
  • Lot Size Square Feet: 21985.0
  • Stories: 1
  • Exterior Building Type: Brick, Concrete, Block, Stone, Wood, Vinyl Siding, Frame, Fl Brick/Stn Veneer
  • Construction: Brick, Concrete, Block, Stone, Wood, Vinyl Siding, Frame, Fl Brick/Stn Veneer
  • Roof Type: Composition, Membrane
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Roof Structure: Flat,Pitched
  • Foundation Details: Block, Concrete Perimeter
  • Building Area Total: 6150
  • # Of Offices: 2
  • Office SqFt: 4150
  • Other SqFt: 2000
  • Retail SqFt: 4150
  • # Of Ranges: 1
  • # Of Stores: 2
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Office, Retail
  • Documents Available: Aerial Map,Demographics,Tax Bill,Traffic Counts
  • Public Document Count: 0
  • Photos Count: 49
  • Estimated Cam/Sf: 0
Miscellaneous
  • Current Use: Commercial
  • Location: Central Business District,Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Known Encumbrances: None Known
  • Total Monthly Income: 0
  • Net Operating Income: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 229 East Rollins Road

DateEvent & SourcePriceAppreciation
May 30, 2025

Sold

MRED #12213098

$599,000
May 20, 2025

Sold (Public Record)

Public Record #1618843568

$599,000
Apr 9, 2025

Pending

MRED #12213098

DateEvent & SourcePrice
05/30/2025

Sold

MRED #12213098

$599,000
05/20/2025

Sold (Public Record)

Public Record #1618843568

$599,000
04/09/2025

Pending

MRED #12213098

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 229 East Rollins Road

Taxable ValueLand$53,861Additions$38,159Total$92,020
Home Facts
Baths1.5Total Finished SqFt3,335 SqFtAbove Grade Finished SqFt3,335 SqFtStories1Lot Size21,026 SqFtStyleOffice BuildingYear Built1955Year Renovated1965CountyLAKEAPN06-16-306-033

Schools near 229 East Rollins Road

This home is within Round Lake Community Unit School District 116.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 6 to 8
Public - 9 to 12
Public - 12
Rating
School
Distance
Round Lake Beach Elementary School
PublicK to 2

Round Lake Middle School
Public6 to 8

Round Lake Senior High School
Public9 to 12

Round Lake Transition Center
Public12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Robert E. Frank Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/30/2025 02:58 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.