Medical Office Space with Rand Road
For Sale
$850,000
280 N Rand Road, Lake Zurich, IL 60047
Commercial Sale, Lake Zurich, IL
Property Size7,500 SF
Price / SF$113.33
Days on Market1214
Property Features for 280 N Rand Road
General Information
Property type
Commercial Sale
Property subtype
Office
Directions
East side of Rand Rd. just North of rte. 22.
Subdivision
Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
Standard status
Active
APN
14184040070000
Taxes and HOA fees
Tax Year
2022
Utilities
Cooling system
Central Air
Amenities
private restrooms
reception area
private offices
examination rooms
kitchenette
file rooms
conference rooms
storage
workspaces
Building Details
Year built
1995
Floors in Building
1
Number of units
2
Listing Agency:
Compass
(847) 306-6158
Listed By:
Ward Schell
(847) 347-6387
Added: May 16, 2023
Changed: Aug 28
Last Checked: Sep 10 at 10:06PM
MLS# 11698736
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.
This side-by-side medical office property combines a clinical-ready suite with an adjoining business-office layout. The north portion is plumbed and wired for dental or medical use, with four private restrooms, reception space, private offices or examination rooms, a kitchenette, file rooms, and conference areas. The south portion adds a full bath, half bath, substantial storage, a file room, two large offices, a reception desk, a conference room, and multiple work areas.
The property fronts Rand Road, also identified as Rte 22, and includes parking sized to accommodate a substantial client, employee, or patient base. Central air serves the building, which was constructed in 1995. Existing tenants are in place, and the property is situated near Good Shepherd Hospital, the Lake Zurich commercial corridor, Barrington, and Kildeer.
The property fronts Rand Road, also identified as Rte 22, and includes parking sized to accommodate a substantial client, employee, or patient base. Central air serves the building, which was constructed in 1995. Existing tenants are in place, and the property is situated near Good Shepherd Hospital, the Lake Zurich commercial corridor, Barrington, and Kildeer.
Key Highlights
- Medical office property with frontage on Rand Road (Rte 22)
- North suite includes plumbing and wiring for dental or medical use
- Four private restrooms plus reception, exam or office rooms, kitchenette, and conference areas
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Connected clinical and office suites provide adaptable rooms, reception areas, restrooms, and ample parking for patients, staff, and clients.
Where is this medical office space located?
The property is located at 280 N Rand Road Lake Zurich, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Medical office property with frontage on Rand Road (Rte 22); North suite includes plumbing and wiring for dental or medical use; Four private restrooms plus reception, exam or office rooms, kitchenette, and conference areas
