Retail Space For
For Lease
$19 SF/Yr
207 S Rand Road, Lake Zurich, IL 60047
Commercial Lease, Lake Zurich, IL
Space SizeContact for details
Lot Size1.62 Acres
Days on Market438
Property Features for 207 S Rand Road
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
COMMR
Directions
Get on I-90 W / I-94 W (Kennedy/Edens Expressway) from downtown Chicago. Continue north-west, then take the exit onto I-94 W toward Milwaukee. After about 15 miles, transition onto US12 W / Rand Road via exit 41B toward Arlington Heights / Lake Zurich. Continue on Rand Road (US12) through suburban areas including Arlington Heights and Palatine. In Lake Zurich, turn left onto S Old Rand Rd (you'll pass local shops and neighborhoods). Continue south to reach 201 S Old Rand Rd - the destination will be on the right
Subdivision
Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
Standard status
Active
Lot size
1.62 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
39907
Utilities
Cooling system
Central Air
Building Details
Year built
1988
Floors in Building
1
Number of units
1
Flooring type
Carpet
Building materials
Brick
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: Jun 25, 2025
Changed: Aug 19
Last Checked: Sep 5 at 12:06PM
MLS# 12402227
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.
Retail space is available for lease at 207 S Rand Road in Lake Zurich, Illinois (60047). The property is zoned COMMR and sits on approximately 1.62 acres.
For prospective tenants, brokers, and investors, the offering provides a retail-oriented site within Lake County. Specific building size, layout, and existing improvements are not provided in the available information, so due diligence will be important to confirm configuration and fit.
For prospective tenants, brokers, and investors, the offering provides a retail-oriented site within Lake County. Specific building size, layout, and existing improvements are not provided in the available information, so due diligence will be important to confirm configuration and fit.
Key Highlights
- Brick construction
- Carpet flooring
- Central air cooling
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
772
Businesses Nearby
329k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 25%
Superstores 22%
Shops & Services 20%
Groceries 17%
Target
Superstores
72,063 visits/mo
0.3 miles
T.J. Maxx
Apparel
33,801 visits/mo
0.1 miles
Jewel-Osco
Groceries
31,676 visits/mo
0.2 miles
McDonald's
Dining
27,935 visits/mo
0.3 miles
Trader Joe's
Groceries
25,380 visits/mo
0.1 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
$19.25 /SF/Yr
Avg Asking Price
$19–$20 /SF/Yr
Price Range
3,550 SF
Avg Space Size
This space is priced 1% below the average of $19.25 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space for lease at 207 S Rand Road in Lake Zurich, zoned COMMR.
Where is this retail space located?
The property is located at 207 S Rand Road Lake Zurich, IL.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Brick construction; Carpet flooring; Central air cooling
