Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Industrial Warehouse Unit with Drive-In Title is generated by Realmo AI

    1531 Imhoff Dr Unit E, Lake in the Hills, IL 60156

    View on Map
    Claim this Listing
    New
    For Lease
    Contact for pricing

    Warehouse unit with drive-in door, two baths, and drains, suited for contractors or storage with utility payments by tenant.

    Type:Industrial
    Property size:
    2,400 SF
    Added:
    Jun 2, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 3 at 2:37 am

    Property Features for 1531 Imhoff Dr Unit E

    General Information

    Standard status
    Active
    Size
    2,400 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2004

    We can help!

    Listing Contact
    Heather Schweitzer
    Heather Schweitzer

    Listing agent Heather Schweitzer License #471019756

    Listing office PREMIER COMMERCIAL REALTY

    Listing date Jun 2, 2026

    Source Premiercommercialrealty

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

    All listing content including descriptions, pricing, images are the copyrighted material of PREMIER COMMERCIAL REALTY

    HighLights

    • Unit E includes 2,400 SF industrial/warehouse space
    • Features two baths and a 12' x 14' drive‑in door
    • Includes multiple basin drains for utility/industrial use
    • No automotive repair allowed in the unit
    • Gross rent is $2,400 per month; tenant pays water, electric, gas, and garbage
    • Year built: 2004

    Overview

    Industrial warehouse Unit E at 1531 Imhoff Dr offers a rare sized layout with two bathrooms and a drive-in door measuring 12' x 14'. The unit includes multiple basin drains and is designed for practical on-site work or secure storage. A key operational note is that no automotive repair is allowed.

    The space is located at the Lake in the Hills, IL address shown for the property and is available for rent on a gross basis, listed at $2,400 per month. While gross rent is provided, the tenant is responsible for water, electric, gas, and garbage.

    This configuration is likely to appeal to contractors and trades that need straightforward warehouse storage along with bathroom access, as well as users looking for an efficient place to store non-automotive items such as toys. The presence of drains supports work environments where washdown or similar needs may come into play, within the stated use restriction. For tenants evaluating compatible industrial needs, Unit E presents a functional option with clear utilities and permitting requirements to plan around.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • EBKContainers — 5001 Princeton Ln, Lake in the Hills, IL 60156, United States
    • Your Storage Place Climate Controlled — Lake in the Hills, IL 60156
    • Self-Storage at U-Haul — 81 N Randall Rd, Lake in the Hills, IL 60156
    • Life Storage — 2301 W Algonquin Rd, Algonquin, IL 60102

    Location Insight

    • Map
    • Local Demand
    City
    Lake in the Hills
    County
    McHenry
    State
    Illinois
    Longitude
    -88.3453
    Latitude
    42.1832

    Nearby Similar for Lease

    • $16 SF/Yr
      1,033 SF

      Divisible Retail/Office Space Available

      2,973 SF retail/office space divisible into smaller units.
      4 Cedar Ridge Dr, Lake In The Hills, IL
      View Details
    • $2,192/Mo
      2,080 SF

      Retail/Showroom/Warehouse Space Available

      2,080 SF retail/showroom/warehouse space for lease.
      9114 Virginia Rd, Lake In The Hills, IL
      View Details
    • $12 SF/Yr
      1,920 SF

      Office Space Near Randall Road

      Office space with reception, break room, and private offices.
      2102 W Algonquin Rd, Lake In The Hills, IL
      View Details
    • Contact for pricing
      1,200 SF

      Industrial Space with Drive-In Door

      1,200 SF industrial unit ideal for contractors/trades.
      1520 Industrial Drive D, Lake In The Hills, IL 60156
      View Details
    • Contact for pricing
      2,400 SF

      Industrial Space For Rent

      2400 SF industrial space with two bathrooms available for rent.
      1531 Imhoff Dr, Lake in the Hills, IL 60156
      View Details
    • Contact for pricing

      Industrial Warehouse Unit

      Leasing opportunity for Unit B warehouse space on Pyott Road.
      8601 Pyott Road Unit B, Lake in the Hills, IL 60156
      View Details
    • Contact for pricing

      Industrial Warehouse Suite

      Functional warehouse suite available for lease, offering flexible space for a range of industrial uses.
      1520 Industrial Drive Unit E, Lake in the Hills, IL 60156
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse unit with drive-in door, two baths, and drains, suited for contractors or storage with utility payments by tenant.
    Where is this warehouse located?
    The property is located at 1531 Imhoff Dr Unit E Lake in the Hills, IL.
    What are key features of this property?
    This property features: Unit E includes 2,400 SF industrial/warehouse space; Features two baths and a 12' x 14' drive‑in door; Includes multiple basin drains for utility/industrial use
    (815) 236-9816
    We can help!
    Listing Contact
    Heather Schweitzer
    Heather Schweitzer
    Real Estate License ID: 471019756
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1531 Imhoff Dr, Unit E, Lake in the Hills, IL 60156
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!