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    479 Ela Rd Lake Zurich, IL 60047

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    For Lease
    Contact for pricing

    Retail space in a major Lake Zurich retail hub.

    Property size:
    2,500 SF
    Lot size:
    0.18 Acres

    Property Features for 479 Ela Rd

    General Information

    Size
    2,500 SF
    Lot size
    0.18 Acres

    Source: Edgemark Commercial Real Estate Services, LLC Agent Randy Kotwica

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

    Overview

    Lake Zurich Retail Space Available

    Located in Lake Zurich, Illinois, this retail space is situated within a major retail hub at the intersection of Rand Road and Route 22. The property benefits from high visibility on Rand Road and is positioned in a densely populated trade area with surrounding residential homes. The location experiences strong traffic counts and is characterized by high household incomes. The property offers a space of 2,500 square feet and is suitable for various retail purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    LRS Interiors Interior Designer LRS Interiors, Inc. Interior Designer

    Suggested Use

    Realty agency Law Firm Gym & Fitness Accounting Firm HVAC Service Electrical Service Travel Agency Arcade & Gaming Center

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

    Similar Places Nearby

    Village Square, Coin Time Bitcoin ATM, Deerpath Court, Coinstar, Salon V'co

    Location Insight

    • Map
    • Local Demand
    City
    Lake Zurich
    County
    Cook
    State
    Illinois
    Longitude
    -88.0953843
    Latitude
    42.1192767

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    FAQs

    What type of property is this?
    Shopping center - Retail space in a major Lake Zurich retail hub.
    Where is this shopping center located?
    The property is located at 479 Ela Rd Lake Zurich, IL.
    What are key features of this property?
    This property features: - Major retail hub location on Rand Rd and Route 22.; - High visibility from Rand Road.; - Located in a dense trade area.
    (630) 472-1010
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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
    479 Ela Rd Lake Zurich, IL 60047
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