Listing provided courtesy of Brian Coleman & Associates,IncMREDas Distributed by MLSGrid- MLS# 12426599MLS Provider

23403 W IL Route 120Round Lake, IL 60073

Vacant Land · 4.00 Acres
$795,000 Active

23403 W IL Route 120 Overview

Time on Site:
343 days
Visits:
10

4 Acre COMMERCIAL PARCEL - (Zoned C-2 PUD). Well located at the entrance of Madrona Village. MANY POSSIBLE USES - IDEAL for Restaurant, Retail, Entertainment, Industrial, Senior Housing (Indpendent Living and/or Assisted Living)! READY FOR DEVELOPMENT. Utilities are readily available to the site and storm water management is likely being provided off-site. For Info. 8473223566

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23403 W IL Route 120 Facts & Features

  • Type Vacant Land
  • Lot 4.00 Acres

Details

General

School Information

  • School District: 127

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Round Lake Beach / Round Lake / Round Lake Heights / Round Lake Park
  • Township: Avon

Tax Information

  • Tax Annual Amount: $11,359.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 06322010100000
  • Possible Use: Commercial
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: COMMR

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Frontage Length: 478
  • Frontage Type: State Road
  • Lot Size Acres: 4
  • Lot Size Dimensions: 478' X 500' X 341' X 371
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Sewer Connected,Water Available

23403 W IL Route 120 Neighborhood

Community

60073 (ROUND LAKE BEACH) Demographics

34
Median Age
2,890
Population Density (per sq. mile)
34%
College Educated
$81,149
Estimated Median Income
15,090
Estimated Total Home Owners
4,420
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

23403 W IL Route 120 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

23403 W IL Route 120 Market Data

Based on the last 30 days in this zip code

$324,344
Average List Price
$179
Average Price per Square Foot
54
Properties Sold
35
Average Days on Market
136
Properties for Sale
Calculations provided by Reliance Network

23403 W IL Route 120 History

Date Event Value Agent
7/31/2025Source: MRED Added to Database
July 22, 2025
7/31/2025Source: MRED Status Change
Active