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540 Cortland Dr 26,371 SF Retail Building Lake Zurich, IL 60047 $2,750,000 ($104.28/SF)

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INVESTMENT HIGHLIGHTS

  • Heavy Traffic Counts
  • Large showroom
  • Ample Parking
  • Great Location on Rt. 22
  • Close to other National Brand Tenants and restaurants

EXECUTIVE SUMMARY

Take advantage of this exceptional opportunity to acquire a highly trafficked retail property located directly on Rt. 22 and 1/2 mile to Rt. 12 in Lake Zurich. This prominent 28,371 sf foot retail building includes 19,000 SF on the first floor and 9,371 SF on the second floor. Located next to national brand retailers such as Trader Joes, Petco, Office Max and Jewel. Costco and Home Depot within a mile of the building along with many restaurants and other samller retail shops. Option for owner occupancy or investment with current successful furniture store tenant that may be interested in leasing back space. The small warehouse area offers drive in doors for easy loading and unloading.The building was remodeled in 2016 and 2021 including stain floor concrete, updated elevator, renovated owner appartment on second floor plus many other miscelanneous improvements. Do not contact or disturb employees or current tenant. Also available for lease.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
26,371 SF
Building Class
B
Year Built/Renovated
1995/2016
Price
$2,750,000
Price Per SF
$104.28
Tenancy
Single
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.36
Lot Size
1.70 AC
Zoning
B-3 - regional shopping district
Parking
64 Spaces (2.43 Spaces per 1,000 SF Leased)
Frontage
155’ on Il 22 Hwy

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Security System
  • Signage
  • Skylights
  • Tenant Controlled HVAC
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 26,371 SF
  • Retail
  • -
  • 60 Days

Take advantage of this exceptional opportunity to lease a highly trafficked retail property located directly on Rt. 22 and 1/2 mile to Rt. 12 in Lake Zurich. This prominent 26,371 sf foot retail building includes 19,000 SF on the first floor and 7,371 SF on the second floor (MUST BE LEASED TOGETHER FOR 26,371 SF). Located next to national brand retailers such as Trader Joes, Petco, Office Max and Jewel. Costco and Home Depot within a mile of the building along with many restaurants and other samller retail shops. The small warehouse area offers drive in doors for easy loading and unloading.The building was remodeled in 2016 and 2021 including stain floor concrete, updated elevator, plus many other miscelanneous improvements. Do not contact or disturb employees or current tenant.

Space Size Space Use Position Available
1st Floor 26,371 SF Retail - 60 Days

1st Floor

Size
26,371 SF
Space Use
Retail
Position
-
Available
60 Days

1st Floor

Size 26,371 SF
Space Use Retail
Position -
Available 60 Days

Take advantage of this exceptional opportunity to lease a highly trafficked retail property located directly on Rt. 22 and 1/2 mile to Rt. 12 in Lake Zurich. This prominent 26,371 sf foot retail building includes 19,000 SF on the first floor and 7,371 SF on the second floor (MUST BE LEASED TOGETHER FOR 26,371 SF). Located next to national brand retailers such as Trader Joes, Petco, Office Max and Jewel. Costco and Home Depot within a mile of the building along with many restaurants and other samller retail shops. The small warehouse area offers drive in doors for easy loading and unloading.The building was remodeled in 2016 and 2021 including stain floor concrete, updated elevator, plus many other miscelanneous improvements. Do not contact or disturb employees or current tenant.

NEARBY MAJOR RETAILERS

Trader Joe's
Giordano's
Orangetheory Fitness
Jewel-Osco
Starbucks
Chase
Bank of America
CrossFit Lykos
Sunbelt Rentals
RentalMax

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-19-400-035
Land Assessment
$102,596
Improvements Assessment
$431,311
Total Assessment
$533,907
  • Listing ID: 35191840

  • Date on Market: 3/19/2025

  • Last Updated:

  • Address: 540 Cortland Dr, Lake Zurich, IL 60047

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