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Retail Space in Lake Zurich
For Lease
$25 SF/Yr

41 S Rand Rd, Lake Zurich, IL 60047

Retail space in Lakeview Plaza with high traffic and visibility.

Space SizeContact for details
Days on Market168

Property Features for 41 S Rand Rd

General Information

Standard status Active

Building Details

Year Built 1988
Listing Agency: Rossi Real Estate Corp.
Listed By: Carlo Rossi · License ##471.011314
Source: Liveliferealty
Added: Mar 26 Changed: Sep 8 Last Checked: Sep 7 at 11:00AM

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 Rossi Real Estate Corp.

Investment Insights

Based on property information with market context.

Lakeview Plaza is located on S Rand Road in Lake Zurich, IL, across from Paulus Park. The plaza has an established retail corridor with traffic counts of 35,000 vehicles per day. Current tenants include NAPA Auto Parts, Cilantro Taco Grill, Gravitea Boba, and All Ways Healthy Natural Food. Outlots include First American Bank and Bellalukes. The location is near Jewel-Osco, Target, and Costco.

Key Highlights

  • High traffic location with 35,000 vehicles per day.
  • Established retail corridor on S Rand Road.
  • Strong tenant mix: NAPA Auto Parts, Cilantro Taco Grill, Gravitea Boba, All Ways Healthy Natural Food, First American Bank, and Bellalukes.

Property Analytics

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Current Use

Tako Chido Restaurant

Suggested Use

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

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby
52k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 63% Shops & Services 29% Beauty & Spa 5% Hotels & Casinos 3%
Starbucks Dining
13,514 visits/mo 0.3 miles
Wendy's Dining
11,052 visits/mo 0.4 miles
BP Shops & Services
10,032 visits/mo 0.1 miles
Dairy Queen Dining
4,641 visits/mo 0.3 miles
Learning Express Shops & Services
4,376 visits/mo 0.5 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space in Lakeview Plaza with high traffic and visibility.
Where is this shopping center located?
The property is located at 41 S Rand Rd Lake Zurich, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: High traffic location with 35,000 vehicles per day.; Established retail corridor on S Rand Road.; Strong tenant mix: NAPA Auto Parts, Cilantro Taco Grill, Gravitea Boba, All Ways Healthy Natural Food, First American Bank, and Bellalukes.
More about this property
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