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    345 S Rand Rd Lake Zurich, IL

    For Lease
    Contact for pricing

    Retail space available in well-positioned shopping center.

    Property size:
    6,998 SF
    Lot size:
    12.84 Acres

    Property Features for 345 S Rand Rd

    General Information

    Size
    6,998 SF
    Lot size
    12.84 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Brendan Reedy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Lake Zurich

    This 6,998 square foot retail space is located in a shopping center with solid visibility from Rand Road. The center is home to Jewel Osco, Amita Health, Massage Envy, and other businesses that generate traffic. The surrounding area has an average household income greater than $174,000 within a 3-mile radius. The location benefits from a daytime population of over 43,000 due to the proximity of many regional employers.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Spa & Massage Dental Office Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Village Square, Bank One Plaza Shopping Center, Coin Time Bitcoin ATM, Coinstar, Salon V'co

    Location Insight

    • Map
    • Local Demand
    City
    Lake Zurich
    County
    Cook
    State
    Illinois
    Longitude
    -88.2558525
    Latitude
    42.0352856

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in well-positioned shopping center.
    Where is this shopping center located?
    The property is located at 345 S Rand Rd Lake Zurich, IL.
    What are key features of this property?
    This property features: - High average household income ($174,000+) within a 3-mile radius.; - Strong visibility from Rand Rd.; - Located in a well-positioned shopping center.
    (630) 954-7327
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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
    345 S Rand Rd Lake Zurich, IL
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