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Lake Zurich Contractor Yard 500 Rose Rd 5,200 SF Industrial Building Lake Zurich, IL 60047 $900,000 ($173.08/SF)
Investment Highlights
- Vacant 5,200-Square-Foot Industrial Property Situated on 0.91 Acres
- Zoned as 9-6-2 for Industrial Use, Ideal for Truck Repair, Contractor Storage, or Fleet Maintenance
- Outperforming South Lake Submarket: 5.9% Vacancy Rate & 4.2% Rent Growth in Q1 2026 vs. National Averages of 7.8% and 1.4%
- Featuring Metal Construction, 14-18’ Clear Height, and Three Grade-Level Doors, Including One Drive-Through Repair Bay
- Close Proximity to East Main Street & South Rand Road
Executive Summary
The property in question is a vacant 5,200-square-foot industrial space situated on 0.91 acres of land. This industrial property features metal construction and has a clear height of 14’ to 18’, making it suitable for various industrial uses that require ample storage and working space. The property also includes three grade-level doors, one of which is a drive-through repair bay, providing easy access and versatility. The property's layout and design allow for efficient use of space, making it a valuable asset for potential buyers or tenants. With a building coverage ratio of 13 percent, the property provides ample room for parking and outdoor storage.
The property is zoned as 9-6-2, making it suitable for a variety of industrial activities such as truck repair, contractor storage, or fleet maintenance. Proximity to East Main Street and South Rand Road makes the property easily accessible and provides convenient access to major transportation routes. Located in South Lake, the property benefits from a strong submarket with a vacancy rate of 5.9 percent and annual rent growth of 4.2 percent in Q1 2026, outperforming national averages of 7.8 percent vacancy and 1.4 percent rent growth (CoStar, based on top 50 metros, classes A, B, & C, and minimum 10,000 square feet). This indicates a strong demand for industrial space in the area and a positive outlook for the local economy.
The property is zoned as 9-6-2, making it suitable for a variety of industrial activities such as truck repair, contractor storage, or fleet maintenance. Proximity to East Main Street and South Rand Road makes the property easily accessible and provides convenient access to major transportation routes. Located in South Lake, the property benefits from a strong submarket with a vacancy rate of 5.9 percent and annual rent growth of 4.2 percent in Q1 2026, outperforming national averages of 7.8 percent vacancy and 1.4 percent rent growth (CoStar, based on top 50 metros, classes A, B, & C, and minimum 10,000 square feet). This indicates a strong demand for industrial space in the area and a positive outlook for the local economy.
Property Facts
| Price | $900,000 | Lot Size | 0.91 AC |
| Price Per SF | $173.08 | Rentable Building Area | 5,200 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1971 |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Zoning | I-2 | ||
| Price | $900,000 |
| Price Per SF | $173.08 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.91 AC |
| Rentable Building Area | 5,200 SF |
| No. Stories | 1 |
| Year Built | 1971 |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | I-2 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 14-16-300-006 | Improvements Assessment | $94,399 |
| Land Assessment | $52,557 | Total Assessment | $146,956 |
Property Taxes
Parcel Number
14-16-300-006
Land Assessment
$52,557
Improvements Assessment
$94,399
Total Assessment
$146,956
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Lake Zurich Contractor Yard | 500 Rose Rd
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