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Divisible Retail Office Suite
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4 Cedar Ridge Dr, Lake in the Hills, IL 60156

Vanilla box retail/office space totaling 2,973 SF is divisible into smaller units for flexible occupancy.

Space SizeContact for details
Property Size6,200 SF
Days on Market52

Property Features for 4 Cedar Ridge Dr

General Information

Standard status Active
Size 6,200 SF
Property subtype Office / Retail
Lease Type NNN

Building Details

Building Size 6,200 SF
Year Built 1999
Listing Agency: Premier Commercial Realty
Listed By: Heather Schweitzer · License #471019756
Source: Premiercommercialrealty
Added: Jul 27 Changed: Sep 11 Last Checked: Sep 16 at 3:43PM

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 Premier Commercial Realty

Investment Insights

Based on property information with market context.

This for-lease retail and office space totals 2,973 SF and can be divided into three smaller units, including options ranging from 907 SF, 1,033 SF, and 1,940 or 2,066 SF based on the available layout combinations. The space is currently configured as a vanilla box, ready for a new tenant layout.

The property is located just off busy Algonquin Road (Route 62), east of the Randal Road intersection, providing straightforward access to a high-visibility retail corridor.

Operating expenses are on an NNN basis at $15 psf, with CAM and taxes listed at $10.19 psf ($5.09 CAM and $5.10 taxes). Utilities are the tenant’s responsibility.

Key Highlights

  • Retail/office space totaling 2,973 SF with divisibility into smaller units
  • Divisible layouts include spaces of 907 SF, 1,033 SF, and options around 1,940 or 2,066 SF (see layout for combinations)
  • Currently a vanilla box ready for new layout for your office, medical, or retail buildout

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Florist Parking Lot & Garage Furniture & Home Goods Barber Shop

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

NNN (Triple Net)
Lease Type
$15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

539
Businesses Nearby

Demographics for 60156, IL

28,982
Population
10,150
Households
2.9
Avg Household Size
37
Median Age
37%
College-Educated
96%
High-School Grad
10.6 sq mi
ZIP Area
2,734
Density / Sq Mi
$113,491
Median Household Income
$54,370
Median Earnings
$1,634
Median Rent
$296,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Vanilla box retail/office space totaling 2,973 SF is divisible into smaller units for flexible occupancy.
Where is this office units located?
The property is located at 4 Cedar Ridge Dr Lake in the Hills, IL.
What are key features of this property?
This property features: Retail/office space totaling 2,973 SF with divisibility into smaller units; Divisible layouts include spaces of 907 SF, 1,033 SF, and options around 1,940 or 2,066 SF (see layout for combinations); Currently a vanilla box ready for new layout for your office, medical, or retail buildout
More about this property
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