Commercial Space in Lake
For Lease
Contact for pricing
199-201 S Rand Road, Lake Zurich, IL 60047
COMMERCIAL - Lake Zurich, IL
Space SizeContact for details
Days on Market134
Property Features for 199-201 S Rand Road
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
COMMR
Directions
Start in Downtown Chicago (The Loop) Take I-90 W (Kennedy Expressway) toward O'Hare / Rockford Continue on I-90 W for ~25 miles Exit at IL-53 N toward Arlington Heights / Lake Zurich Stay on IL-53 N for ~12 miles Turn left onto Rand Rd (US-12 W) Continue for about 1-2 miles Arrive at 199 S Rand Rd, Lake Zurich, IL (on your right)
Subdivision
Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
Standard status
Active
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
39907
Utilities
Cooling system
Central Air, Exhaust Fan (Cooling)
Building Details
Year built
1988
Floors in Building
1
Number of units
2
Listing Agency:
Coldwell Banker Commercial Real Estate Group · Coldwell Banker Real Estate
(630) 844-2222
Listed By:
Joel Harris · License #475211257
(815) 553-2411
Added: Apr 6
Changed: Aug 4
Last Checked: Aug 17 at 6:06PM
MLS# 12611114
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Lake Zurich, Illinois, this commercial property is available for rent. The property is zoned COMMR and is suitable for retail and other commercial uses.
Key Highlights
- Central air conditioning
- Exhaust fan (cooling)
- Built in 1988
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
96k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Groceries 39%
Shops & Services 13%
Home Improvements & Furnishings 5%
Binny's Beverage Depot
Groceries
19,989 visits/mo
0.2 miles
Aldi
Groceries
17,291 visits/mo
0.2 miles
Starbucks
Dining
16,083 visits/mo
0.4 miles
Panda Express
Dining
7,525 visits/mo
0.2 miles
Murphy USA
Shops & Services
6,130 visits/mo
0.3 miles
Demographics for 60047, IL
43,944
Population
15,877
Households
2.8
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,259
Density / Sq Mi
$173,043
Median Household Income
$82,803
Median Earnings
$1,817
Median Rent
$510,000
Median Home Value
Market
Lease Benchmarks for Lake Zurich, IL
$18.67 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
7,019 SF
Avg Space Size
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - Commercial property available for rent in Lake Zurich, Illinois.
Where is this retail property located?
The property is located at 199-201 S Rand Road Lake Zurich, IL.
What are key features of this property?
This property features: Central air conditioning; Exhaust fan (cooling); Built in 1988
