Article updated: 5/14/2013 4:36 PM

Round Lake Beach buys old home, vacant lot

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Round Lake Beach will buy and demolish this home at 1319 Walnut Drive as part of a continuing program to improve neighborhoods. The village also is buying a two-acre site north of Rollins Road for possible future commercial development.

Paul Valade | Staff Photographer

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The village of Round Lake Beach plans to buy two properties as part of an ongoing strategy to improve neighborhoods and prepare for future opportunities. While the real estate market may still be sluggish, the village remains an active buyer, with contracts in place to buy an old home at 1319 Walnut Drive and nearly two acres of land north of Rollins Road near Nicole Lane.