Listing provided courtesy of Chris Kare Realty LLCMREDas Distributed by MLSGrid- MLS# 12652945MLS Provider

31828 N US Highway 12Volo, IL 60073

Commercial · 3,120 Sq. ft.
$485,000 Price Change

31828 N US Highway 12 Overview

Time on Site:
41 days
Visits:
0

Perfect for retail store, professional office, showroom/office for all trades, dealerships, and more. Build-out remodel is necessary. On busy Rt 12, just 1 1/2 blocks north of Rt 120 next to Speedway. With thousands of cars passing each day, this property has great visibility. Store front below, existing apartment on second floor, if desired, can easily be converted to offices. Tree line behind building is part of the lot- with about 1 acre of property and great frontage, there is plenty of room for expansion and parking. Great opportunity for your business or investment in an area that is growing. If you want the build-out (remodeling) completed by Seller, add $100,000 to asking price: New Furnace, A/C, Insulation, Drywall, finished Plumbing & Electrical, and more. Broker Owned.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

31828 N US Highway 12 Facts & Features

  • Type Commercial
  • Sq. ft. 3,120
  • Price/Sq.ft. $155

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Gross
  • Net Operating Income: 0

Building Information

  • Year Built: 1951

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Volo
  • Township: Wauconda

Tax Information

  • Tax Annual Amount: $13,187.28
  • Tax Year: 2025

General Information

  • Parcel Number: 09032000140000
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 3120

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Flooring: Carpet, Concrete, Vinyl
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 3120
  • Stories: 2

Unit Information

  • Unit SqFt.: 3120

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: Public Road,US Highway,Paved
  • Lot Size Dimensions: .88
  • Lot Size Square Feet: 38333
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Block
  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected

31828 N US Highway 12 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.

31828 N US Highway 12 Monthly Cost

$
$ %
%
$
$
* 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.

31828 N US Highway 12 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

31828 N US Highway 12 History

Date Event Value Agent
6/29/2026Source: MRED Price Reduction
$485,000 -2.0%
6/29/2026Source: MRED Status Change
Price Change
6/13/2026Source: MRED Status Change
Active
6/8/2026Source: MRED Price Reduction
$495,000 -5.7%
6/8/2026Source: MRED Status Change
Price Change
5/24/2026Source: MRED Status Change
Active
5/19/2026Source: MRED Added to Database
May 19, 2026