Marcus and MIllichap presents the BANK SHORT-SALE of Cedar Lake Outlots, an opportunity to acquire five commercial, fully-improved pad sites in Round Lake, IL. An investor can purchase the land sites individually or as a portfolio, and each outlot ranges in size from 1.17 to 2.35 acres.

Located in front of the Cedar Lake Plaza, each site has tremendous visibility at the hard corner of State Route 60 and Cedar Lake Road. Surrounded by numerous single family homes, these sites are prime for future retail growth in an under served commercial market. First American Bank recently purchased and developed a free standing building on one of the outlots.

Marcus & Millichap is also representing the BANK SHORT-SALE of Cedar Lake Plaza, a newly constructed shopping center located in the affluent Chicago suburb of Round Lake, IL. Completed in 2006, Cedar Lake Plaza is priced at $75/SF, which is more than 50% below

replacement costs.

Round Lake is an affluent Northwest suburb located 35 miles from Chicago. Round Lake is known for its recreational lakes and is popular with Chicagoans seeking weekend getaways. The community has benefited recently from the growth in residential homes, and it provides a haven for families looking to avoid high property taxes.