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Medical Office Property
For Sale
$925,000

280 N Rand Road, Lake Zurich, IL 60047

Commercial Sale, Lake Zurich, IL

Property Size7,500 SF
Price / SF$123.33
Days on Market1193

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

Building Details

Year built 1995
Floors in Building 1
Number of units 2
Listing Agency: Compass
Listed By: Ward Schell
Added: May 16, 2023 Changed: Aug 20 Last Checked: Aug 20 at 4:06PM
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 two distinct office configurations with existing tenant occupancy. The north portion is approximately 5,000 square feet and includes plumbing and wiring for a dental or medical practice, along with four private restrooms, reception space, private offices or examination rooms, a kitchenette, file rooms, and conference rooms. The adjoining south portion measures approximately 2,500 square feet and provides one full bath, one half bath, storage, a file room, two large offices, a reception desk, a conference room, and several workspaces. Central air serves the building, which was constructed in 1995.

The property fronts Rand Road, also identified as Rte 22, and is positioned near Good Shepherd Hospital, the Lake Zurich Commercial Corridor, Barrington, and Kildeer. Ample on-site parking supports client, employee, and patient use.

Key Highlights

  • Approximately 5,000 square feet in the north portion with plumbing and wiring for dental or medical use
  • Approximately 2,500‑square‑foot south portion with two large offices and multiple workspaces
  • North portion includes four private restrooms, reception space, examination rooms, and conference rooms

Property Analytics

Current Use

Midway Enterprises Construction Company Midway Enterprises Inc Construction Company

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Garden Center Carpet & Flooring Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby
Well-served
Demand for This Use

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

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Petco Vaccination Clinic 787 W Main St, Lake Zurich, IL 60047
  • Happy Paws Animal Hospital Lake Zurich IL 187 S Rand Rd, Lake Zurich, IL 60047
  • Vetco Total Care Animal Hospital 787 W Main St, Lake Zurich, IL 60047

Frequently Asked Questions

What type of property is this?
Medical Office Space - Flexible medical and business layout with exam-ready infrastructure, multiple restrooms, central air, and substantial parking.
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 $925,000.
What are key features of this property?
This property features: Approximately 5,000 square feet in the north portion with plumbing and wiring for dental or medical use; Approximately 2,500‑square‑foot south portion with two large offices and multiple workspaces; North portion includes four private restrooms, reception space, examination rooms, and conference rooms
More about this property
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