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Condo Office Building with Tenants
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365 Surryse Rd, Lake Zurich, IL 60047

Five leased office condos totaling 8,175 SF were built in 2008 and are currently 100% occupied by three tenants.

Property Size8,175 SF
Days on Market122

Property Features for 365 Surryse Rd

General Information

Standard status Active
Size 8,175 SF
Property subtype OFFICE
Occupancy 100%

Additional Details

Office Units 5

Building Details

Year Built 2008
Tenancy Multi
Listing Agency: Colliers | Chicago Downtown
Listed By: Tyler Hague · License #IL:471.009171;IN:PB21300474;WI:57999-90
Source: Moodyscre
Added: May 6 Changed: Aug 12 Last Checked: Sep 4 at 2:24PM

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 Colliers | Chicago Downtown

Investment Insights

Based on property information with market context.

This 5-condo office building totals 8,175 SF of condo space and was built in 2008. The property is currently 100% occupied with three tenants across five condos, reflecting stable in-place occupancy. The leases include a stated 5.75-year WALT.

The office condos are located at 365 Surryse Rd in Lake Zurich, IL, in an established mix of office, retail, and industrial uses. The building is described as being close to two major thoroughfares in the area: Genesee Street and S Rand Road.

For prospective buyers, the offering presents a turnkey, multi-condo configuration with existing tenants and individual condo buildouts already in place.

Key Highlights

  • Five leased office condos totaling 8,175 SF, built in 2008
  • Currently 100% occupied with three tenants across the five condos
  • Leased to three tenants with a 5.75‑year WALT

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Bakery Furniture & Home Goods Carpet & Flooring Store Law Firm

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

5
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Office units - Five leased office condos totaling 8,175 SF were built in 2008 and are currently 100% occupied by three tenants.
Where is this office units located?
The property is located at 365 Surryse Rd Lake Zurich, IL.
What are key features of this property?
This property features: Five leased office condos totaling 8,175 SF, built in 2008; Currently 100% occupied with three tenants across the five condos; Leased to three tenants with a 5.75‑year WALT
(847) 975-8358 Call to check price and availability
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