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    201 S Rand Rd Lake Zurich, IL 60047

    For Lease
    $19 SF/Yr

    Commercial Lease - Lake Zurich, IL

    Days on Market:
    129
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 201 S Rand Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RTAIL

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1988
    Number of units
    1
    Flooring type
    Tile
    Architectural style
    Other

    Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) (815) 553-2406 [email protected]

    Listing agent Joel Harris (815) 553-2406 License #475211257

    Listing date Jul 30, 2025

    MLS# 12402147 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Zurich Retail Corner Unit

    This 1,060 square foot corner retail unit is located at a high-visibility intersection on Rand Road in Lake Zurich, Illinois. The end-cap space was formerly occupied by Subway and features existing infrastructure suitable for food service or retail conversion. Large storefront windows provide natural light and signage opportunities. The property benefits from strong traffic counts and easy access, with ample shared parking available. There are restrictions on the type of businesses allowed within this space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Lake Zurich
    County
    Cook
    State
    Illinois
    Longitude
    -88.0504
    Latitude
    42.201

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    FAQs

    What type of property is this?
    Retail property - High-visibility corner retail space in Lake Zurich, Illinois.
    Where is this retail property located?
    The property is located at 201 S Rand Rd Lake Zurich, IL.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Prime corner retail unit with high visibility on Rand Road.; - 1,060 SF end-cap space formerly occupied by Subway.; - Existing infrastructure ideal for food service or retail.
    (815) 553-2406
    Request Owner's contact information
    201 S Rand Rd Lake Zurich, IL 60047
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    Lake Zurich, IL 60047
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 S Rand Rd Lake Zurich, IL 60047
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