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    41 South Rand Rd Lake Zurich, IL 60047

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    For Lease
    $20 SF/Yr

    Retail property in established Lake Zurich retail corridor for lease.

    Property size:
    52,400 SF
    Lot size:
    52,400 SF

    Property Features for 41 South Rand Rd

    General Information

    Size
    52,400 SF

    Building Details

    Year built
    1988

    Source: Carlo Rossi Agent Carlo Rossi

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

    Overview

    Retail Space in Lake Zurich

    Lakeview Plaza, with a diverse tenant mix including NAPA Auto Parts, Cilantro Taco Grill, Gravitea Boba, and All Ways Healthy Natural Food, offers retail space for lease. Out lots include First American Bank and Bellalukes. Situated on S Rand Road's retail corridor across from Paulus Park in Lake Zurich, Illinois, the location benefits from traffic counts of 35,000 vehicles per day. It is near local anchors Jewel-Osco, Target, and Costco. The property features an improved parking lot and landscaping. The facade is scheduled for an update in the spring of 2026. The property size is 52,400 square feet.
    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 Hair Salon Spa & Massage Hotel & Motel Dental Office

    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
    -88.0504
    Latitude
    42.201

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    FAQs

    What type of property is this?
    Shopping center - Retail property in established Lake Zurich retail corridor for lease.
    Where is this shopping center located?
    The property is located at 41 South Rand Rd Lake Zurich, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - High Traffic Location: 35,000 vehicles per day on S Rand Road.; - Strong Retail Corridor: Prominently situated on an established retail corridor.; - Diverse Tenant Mix: Includes NAPA Auto Parts, Cilantro Taco Grill, Gravitea Boba, and All Ways Healthy Natural Food.
    (630) 652-2999
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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
    41 South Rand Rd Lake Zurich, IL 60047
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