LA Fitness - Round Lake Beach, IL — Sale in Round Lake Beach, IL
- Price: $10.5M
- Listing type: For sale
- Asset type: Retail Property
- Location: Round Lake Beach, IL 60073
- Size: 44,794 SF
- Year built: 1995
Photos
Investment Figures
- Cap rate
- 7.50%
- Price per square foot
- $233
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
JLL is pleased to exclusively offer for sale the LA Fitness at 540 E Rollins Rd, Round Lake Beach, Illinois (the “Property” or “Asset”). LA Fitness (the “Tenant”) is the largest, non-franchised fitness club operator in the U.S. The Tenant is subject to a recently extended net lease with 10.2 years of remaining term, multiple renewal options, and limited landlord responsibilities. The Property is undergoing a massive renovation project in April 2026 to support the growing membership count and enhancing the overall experience. Round Lake Beach benefits from exceptional transportation connectivity and serves as a primary retail hub for the greater Round Lake area. LA Fitness is located along a high-traffic, dense retail corridor featuring major retailers such as Meijer, Home Depot, Kohl’s, Walmart, and Hobby Lobby. The Property sits along E Rollins Rd within Rollins Crossing shopping center, which generates 1.8 million visits annually (Placer.ai). Rollins Crossing is undergoing a major redevelopment. Most recently, Target announced a brand-new location in the adjacent vacancy to the Subject Property. Additionally, a state-of-the-art recreation center is currently in progress of development in the former Regal Cinema. This offering presents a passive income opportunity for investors seeking growing, long-term cash flow backed by industry-leading tenancy
Market Context
This retail in Round Lake Beach, IL is listed for sale at $10,450,000 across 44,794 SF. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1995. Compare it against other retail listings for sale in Round Lake Beach, IL — view the full market.
Contact the listing broker
This listing comes from the JLL website. CREhunt does not pass messages to the broker. Contact the broker directly.
- Mohsin Mirza · 3122282867 · mohsin.mirza@jll.com
Questions to ask the broker
This page does not show these details. The source may not publish them, or CREhunt may not have captured them.
- What is the current zoning, and does it allow my intended use?
- How many parking spaces come with the property?
Explore this market
Similar Retail Property for Sale in Round Lake Beach, IL
- 2-Unit Retail Center Shadow Anchored by ALDI — Contact for price · Round Lake Beach, IL