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End-Cap Restaurant Space
New
For Lease
$25 SF/Yr

41 S Rand Road, Lake Zurich, IL 60047

Second-generation space includes a commercial hood and walk-in cooler for restaurant operations.

Space SizeContact for details
Days on Market2

Property Features for 41 S Rand Road

General Information

Standard status Active
Zoning COMMR

Site & Location

End Cap Yes
Traffic Count 35,000 vehicles/day

Additional Details

Space Use Restaurant
Commercial Hood Yes

Taxes and HOA fees

Annual Taxes $105,850

Building Details

Year Built 1988
Stories 1
Listing Agency: Rossi Real Estate Corp.
Listed By: Carlo Rossi · License ##471.011314
Source: Allinonerealestateco
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 4:28AM

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.

This 2,520-square-foot restaurant space occupies a street-facing end-cap position within Lakeview Plaza. The second-generation layout includes a commercial hood and walk-in cooler, providing existing infrastructure for restaurant use. The property was built in 1988 and carries COMMR zoning.

Lakeview Plaza is located at 41 S Rand Road in Lake Zurich, Illinois, across from Paulus Park and along an established retail corridor. The center’s tenant mix includes NAPA Auto Parts, Gravitea Boba, and All Ways Healthy Natural Food, while the out lots include First American Bank and Bellalukes. Jewel-Osco, Target, and Costco are identified as nearby anchors, and the corridor records traffic counts of 35,000 vpd.

Key Highlights

  • 2,520 SF second‑generation restaurant space
  • Street‑facing end‑cap position within Lakeview Plaza
  • Existing commercial hood and walk‑in cooler

Property Analytics

Current Use

Conventional restaurants

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

35,000 VPD
Traffic count
Yes
Commercial hood
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

686
Businesses Nearby
102k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 46% Groceries 31% Shops & Services 19% Beauty & Spa 2%
Jewel-Osco Groceries
31,676 visits/mo 0.4 miles
Taco Bell Dining
14,315 visits/mo 0.5 miles
Starbucks Dining
13,514 visits/mo 0.1 miles
Wendy's Dining
11,052 visits/mo 0.2 miles
BP Shops & Services
10,032 visits/mo 0.1 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

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Conventional restaurant - Second-generation space includes a commercial hood and walk-in cooler for restaurant operations.
Where is this conventional restaurant located?
The property is located at 41 S Rand Road 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: 2,520 SF second‑generation restaurant space; Street‑facing end‑cap position within Lakeview Plaza; Existing commercial hood and walk‑in cooler
More about this property
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