534 E Washington Street

534 E Washington St, Round Lake Park, IL · 12-Unit Multifamily

Property Overview

AJ Commercial Group is proud to announce the off-market sale of 534 E Washington Street, a 12-unit multifamily building located in Round Lake Park, Illinois. This well-maintained asset features a consistent unit mix, capital improvements, and strong tenant demand in a growing suburban market.

The property consists of twelve (12) one-bedroom, one-bath units, with nine units fully updated. Renovations include modern finishes and newer windows in updated units. The building operates on a fully electric system, reducing mechanical complexity and long-term maintenance costs.

Property Highlights

  • 12-unit multifamily building in Round Lake Park, IL
  • Unit mix: (12) 1BR / 1BA units
  • Nine (9) units fully renovated with updated finishes
  • Fully electric building – simplified mechanical systems
  • New roof
  • Copper plumbing
  • Individual water heaters in each unit
  • Located in a strong suburban rental corridor with consistent tenant demand

Key Details

  • Address534 E Washington St, Round Lake Park, IL
  • Total Units12
  • Unit MixTwelve (12) 1BR / 1BA
  • Building TypeFully Electric
  • Major ImprovementsRoof (2022), Updated Units, New Windows, Copper Plumbing
  • SubmarketRound Lake Park / Lake County
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