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Round Lake, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Round Lake, New York Market population: 18K. Explore income-producing properties with verified cap rates...

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📊 Average Cap Rate For Round Lake IL Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000
Buffalo Multifamily

Discover a compelling investment in Buffalo’s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%
NOI $491,400
Size 65,000 SF

📊 Avg Property Tax Rate For Round Lake IL Properties: 3.2300%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000
Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%
NOI $107,842
Size 8,640 SF

Investor Questions For Round Lake IL

Common questions from investors exploring commercial real estate in Round Lake IL.

What's the overall investment potential of Round Lake, IL? +
With a median household income of $79,574 and a relatively low poverty rate of 7.5%, Round Lake presents a stable investment market, further supported by its high health insurance coverage of 91.3% and a strong employment base in industries like Wholesale Trade and Public Administration.
How does the local economy impact rental demand? +
The diverse economy with top industries in Wholesale Trade, Public Administration, and Finance & Insurance, combined with a low poverty rate and high employment rate of 9,161, suggests a robust rental market, especially considering the area's ethnic diversity with a mix of White, White Non-Hispanic, and Hispanic populations.
What are the key factors influencing property values in Round Lake? +
The median property value of $186,600, coupled with a median property tax of $4,607 and a high homeownership rate of 77.7%, indicates a stable housing market, which is further reinforced by the area's relatively low poverty rate of 7.5% and high health insurance coverage of 91.3%, suggesting a desirable place to live.
How does commute time affect the quality of life and investment potential? +
The average commute time of 36.9 minutes, although somewhat lengthy, is mitigated by the top commute methods including driving alone, working from home, and carpooling, which along with the low poverty rate and high health insurance coverage, suggests a decent quality of life for residents and thus a stable investment environment.
What role does ethnic diversity and income inequality play in investment decisions? +
The ethnic diversity of Round Lake, with significant White, White Non-Hispanic, and Hispanic populations, contributes to a vibrant community, while the GINI coefficient of 0.362 indicates a moderate level of income inequality; considering the median household income of $79,574 and low poverty rate of 7.5%, investors can expect a relatively stable and diverse tenant base.

Round Lake IL Real Estate & City Facts

Key facts and real estate information about Round Lake IL.

What are some of the best neighborhoods to live in Round Lake? +
I was unable to find information on the best neighborhoods to live in Round Lake, IL. However, it's always a good idea to research and visit different areas to get a feel for the community and find the one that best fits your needs.
What are some fun things to do in Round Lake? +
Round Lake, IL has several restaurants and parks that are worth visiting. Some popular restaurants in the area include Bill's Pizza & Pub North, Rail House Bar & Grill, and Lamoon Thai Restaurant. There are also several parks and outdoor spaces to explore, but I was unable to find more information on specific attractions.
What is the food scene like in Round Lake? +
The food scene in Round Lake, IL includes a variety of restaurants, such as Mexican, Italian, and Thai cuisine. Some popular restaurants in the area include Bobby's Barrel, Volo Quality Meats, and The Grand Social House & Tavern. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Round Lake? +
The pros of living in Round Lake, IL include its convenient location and variety of restaurants and outdoor spaces. However, I was unable to find more information on the pros and cons of living in the area. It's always a good idea to research and visit a place before making a decision about where to live.
Is Round Lake a good place to live? +
Whether or not Round Lake, IL is a good place to live depends on your individual needs and preferences. It's always a good idea to research and visit a place before making a decision about where to live. Round Lake has a variety of restaurants and outdoor spaces, but I was unable to find more information on the area.
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