23403 W IL Route 120 Round Lake, IL ^$ 795,000

23403 W IL Route 120

^$ 795,000

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23403 W IL Route 120

Round Lake, IL, 60073

^$ 795,000

Studio Baths0.0

Monthly Estimate*

^$ 4,960

23403 W IL Route 120, Round Lake, IL 60073 - Image 1

23403 W IL Route 120, Round Lake, IL 60073 - Image 2

23403 W IL Route 120, Round Lake, IL 60073 - Image 3

23403 W IL Route 120, Round Lake, IL 60073 - Image 4

23403 W IL Route 120, Round Lake, IL 60073 - Image 5

23403 W IL Route 120, Round Lake, IL 60073 - Image 6

23403 W IL Route 120, Round Lake, IL 60073 - Image 7

Studio

Lots and Land for sale in Round Lake, IL

for $795,000. The lot size is 4.

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

Lots and Land Active

Price

^$ 795,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 11,359

Style

Lot Size

Town/City

Round Lake

County/Region

Lake

MLS | Web ID

12426599

Features

General

Utilities Sewer Connected Water Available

Possession Closing

Zoning COMMR

Township Avon

Tax Year 2023

Ownership Fee Simple

County Lake

Property Type Land Land

Possible Use Commercial

Status Active

Directions Located at the Southwest corner of Route 120 (Belvidere Road) and Wildspring Drive. Just east of Cedar Lake Road.

City Round Lake

High School District 127

MLS Area Round Lake Beach / Round Lake / Round Lake Height

Tax Annual Amount 11359

Additional Parcels Y/N N

Standard Status Active

Middle/Junior School District 46

Elementary School District 46

Exterior

Total Parking 0

Lot Dimensions 478' X 500' X 341' X 371

Lot Size Acres 4

Road Surface Type Asphalt

Frontage Length 478

Frontage Type State Road

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Brian Coleman & Associates,Inc

Broker

brian.coleman@bcarealestate.com

Affordability Calculator

$5,906

Per Month

Monthly Principal & Interest: $4,960
Monthly Property Taxes: $947
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Round Lake, IL

Average List Price ^$555,842

Percent of Sale Price 30%

About Round Lake, IL

17,948 Population

151% Since 2002

^$73,923 Median Income

35.5 Median Age

41% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

567920 Elementary School

566881 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/22/2025	$795,000		Listed Price

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23403 W IL Route 120, Round Lake, IL, 60073 is a Lots and Land for sale at $795,000 with a lot size of 4. 23403 W IL Route 120 is a studio with 0.0 baths. The property's zip code is 60073 which is in Round Lake, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/10/2025.

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23403 W IL Route 120

Lots and Land for sale in Round Lake, IL

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