Round Lake Heights, Illinois Commercial Real Estate 0 Listings

Round Lake Heights, Illinois: A Premier Destination for Commercial Real Estate

Introduction

Round Lake Heights, Illinois, is an emerging hub for commercial real estate, strategically positioned in the bustling Lake County region. Known for its robust local economy and growing industry sectors, the village offers diverse opportunities in office, retail, and industrial spaces. Enhanced by its proximity to major metropolitan areas and transportation networks, Round Lake Heights presents a unique value proposition for commercial real estate professionals.

Economic and Industry Overview

Round Lake Heights boasts a dynamic economic landscape, supported by a variety of industries that fuel demand for commercial properties. Key sectors include:

Manufacturing: A significant driver of industrial real estate, with multiple facilities catering to both small and large manufacturing operations.
Retail: Vibrant local retail scene that supports community needs and attracts regional visitors.
Healthcare: Growing demand for medical office space, supported by regional healthcare facilities.

The Lake County Partners initiative actively promotes economic development, offering resources and incentives to businesses and developers.

Strategic Location and Transportation Infrastructure

Round Lake Heights' strategic location is complemented by excellent transportation infrastructure:

Highways: Easy access to major highways such as Route 120 and Route 134.
Airports: Proximity to O'Hare International Airport, facilitating both domestic and international business travel.
Rail: Metra's North Central Service line provides commuter rail access, linking the village to Chicago and other key locations.

These logistical advantages make Round Lake Heights an attractive location for distribution centers and businesses requiring efficient supply chain operations. For more details, visit the Illinois Department of Transportation.

Commercial Real Estate Inventory & Zoning

Round Lake Heights offers a diverse range of commercial real estate submarkets:

Industrial Corridors: Ideal for logistics and manufacturing, with available warehouse and distribution space.
Retail Centers: Opportunities in established shopping districts.
Office Parks: Emerging areas for professional services and corporate offices.

The village has introduced several zoning incentives to encourage development, including tax increment financing districts. Access the Round Lake Heights Zoning Map for more information.

Major Employers and Institutions

Round Lake Heights is home to key employers and institutions that contribute to the demand for commercial real estate:

Top Employers: Include manufacturing giants and retail chains.
Educational Institutions: Nearby colleges and training centers support a skilled workforce.

Explore the Lake County Business Directory for a comprehensive list of local businesses.

Notable Commercial Developments & Projects

Several large-scale developments are shaping the future of Round Lake Heights:

Mixed-Use Projects: Integrating retail, office, and residential spaces.
Innovation Parks: Designed to attract technology firms and startups.

These projects demonstrate the village's commitment to sustainable growth and innovation. For more details, consult the Round Lake Heights Planning Department.

Building Permits, Planning, and Development Tools

Round Lake Heights provides a range of tools and resources for developers:

Market Data & Economic Reports

For up-to-date market data and economic reports, explore public datasets such as Census.gov and the village's open data portal. Brevitas leverages AI-powered aggregation from these sources to provide comprehensive insights into the Round Lake Heights CRE market. Discover more through Brevitas-powered dashboards.