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    320 E Il Rte, Unit 22 Lake Zurich, IL

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    For Sale
    $5,220,000

    83,599 SF industrial building on 4.96 acres for sale.

    Property size:
    83,599 SF
    Lot size:
    4.96 Acres

    Property Features for 320 E Il Rte

    General Information

    Size
    83,599 SF
    Lot size
    4.96 Acres

    Source: Matthews Real Estate Investment Services | Chicago Agent Nelson Damore

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

    Overview

    Lake Zurich Industrial Property

    The property at 320 E Main St, Lake Zurich, IL, is an industrial building constructed in 1980 and remodeled in 2007. It comprises approximately 83,599 square feet on a 4.96-acre lot. The building features three loading docks and two drive-in doors at the front. The clear heights range from 18 to 22 feet. A third drive-in door is located at the back of the building, along with a large, securely accessed lot suitable for additional storage or truck parking. The roof was replaced in the Spring of 2022. Situated on State Route 22, the property provides convenient access to connecting interstates. The surrounding area has a population of over 100,000 within a 5-mile radius, with an average household income of $150,000. The current tenant will be vacating at the end of September this year. Lake Zurich is located approximately 40 miles northwest of downtown Chicago and 24 miles northwest of O’Hare International Airport.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    A C Rentals, Gatto Transport Inc

    Map

    City
    Lake Zurich
    County
    Cook
    State
    Illinois
    Longitude
    -88.2558525
    Latitude
    42.0352856

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    FAQs

    What type of property is this?
    Warehouse - 83,599 SF industrial building on 4.96 acres for sale.
    Where is this warehouse located?
    The property is located at 320 E Il Rte, Unit 22 Lake Zurich, IL.
    What is the asking price?
    The asking price for this property is $5,220,000.
    What are key features of this property?
    This property features: - Back lot provides **secure access for outdoor storage and additional truck parking.**; - Recently replaced roof (Spring 2022).; - Convenient access to connecting interstates via State Route 22.
    (408) 833-3512
    Request Owner's contact information
    320 E Il Rte, Unit 22 Lake Zurich, IL
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    Lake Zurich, IL
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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
    320 E Il Rte, Unit 22 Lake Zurich, IL
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