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3 S Old Rand Rd
Lake Zurich, IL 60047
Retail Property For Sale

Investment Highlights

  • 800 feet away from the lake, Breezewald Park, Lake Zurich Promenade
  • Lake Zurich voted #1 place to live for young families on NerdWallet.com in 2015
  • 1/2 mile away from Regal Cinemas, Costco, Starbucks, The Home Depot & more
  • -Low Lake County RE taxes

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,685 SF
Building Class
C
Year Built
1967
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.85
Lot Size
0.18 AC
Zoning
B-2 - The B-2 Central Business District is located in the center of the Village. It is intended to serve the entire Lake Zurich suburban community with a wi
Parking
5 Spaces (0.75 Spaces per 1,000 SF Leased)
Frontage
137’ on Main St

Amenities

  • Corner Lot
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Roof Terrace
  • Storage Space
  • Air Conditioning

About 3 S OLD RAND RD , LAKE ZURICH, IL 60047

This site, located on the corner of S. Old Rand Rd. and Main St. is the keystone to a potential assemblage of 1.37 acres for development between multiple parcels, owned by 2 additional parties. These parcels can be developed into a number of property types; including high-end mixed-use, retail, and condominiums. The newly opened Somerset By The Lake apartments located across the street from the site are an indicator of the continued growth of downtown Lake Zurich, and the Village’s longstanding reputation as one of the best Northwest Suburbs of Chicagoland to live and conduct business in.

Property Taxes

Property Taxes

Parcel Number
14-20-103-001
Land Assessment
$20,346
Improvements Assessment
$171,486
Total Assessment
$191,832
  • Listing ID: 15965219

  • Date on Market: 5/6/2019

  • Last Updated:

  • Address: 3 S Old Rand Rd, Lake Zurich, IL 60047

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