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Retail Space in Lake Zurich
For Lease
$20 SF/Yr

41 - 193 South Rand Road, Hoffman Estates, IL 60047

Retail property in established Lake Zurich retail corridor for lease.

Space Size1,260 SF - 2,520 SF
Property Size52,400 SF
Days on Market264

Property Features for 41 - 193 South Rand Road

General Information

Standard status Active
Size 1,260 SF - 2,520 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 52,400 SF
Year Built 1988

Spaces For Lease

at 41 - 193 South Rand Road Contact us

Unit 41 $25/SF/Yr

Size
2,520 SF
Type
Restaurant
Term
Negotiable
Contact us

Unit 69 $23/SF/Yr

Size
1,260 SF
Type
Restaurant
Term
Negotiable
Contact us

Unit 93 $20/SF/Yr

Size
1,678 SF
Type
Strip Center
Term
Negotiable
Contact us

Unit 95 $20/SF/Yr

Size
1,262 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: Rossi Real Estate
Listed By: Carlo Rossi · License #IL #471.011314
Source: Rossi-realestate
Added: Nov 26, 2025 Changed: Aug 14 Last Checked: Aug 17 at 5:13AM

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

Investment Insights

Based on property information with market context.

Lakeview Plaza, with a diverse tenant mix including NAPA Auto Parts, Cilantro Taco Grill, Gravitea Boba, and All Ways Healthy Natural Food, offers retail space for lease. Out lots include First American Bank and Bellalukes. Situated on S Rand Road's retail corridor across from Paulus Park in Lake Zurich, Illinois, the location benefits from traffic counts of 35,000 vehicles per day. It is near local anchors Jewel-Osco, Target, and Costco. The property features an improved parking lot and landscaping. The facade is scheduled for an update in the spring of 2026. The property size is 52,400 square feet.

Key Highlights

  • High Traffic Location: 35,000 vehicles per day on S Rand Road.
  • Strong Retail Corridor: Prominently situated on an established retail corridor.
  • Diverse Tenant Mix: Includes NAPA Auto Parts, Cilantro Taco Grill, Gravitea Boba, and All Ways Healthy Natural Food.

Property Analytics

Current Use

Tako Chido Restaurant

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

NNN (Triple Net)
Lease Type
$3.00 /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

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 property in established Lake Zurich retail corridor for lease.
Where is this shopping center located?
The property is located at 41 - 193 South Rand Road Hoffman Estates, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: High Traffic Location: 35,000 vehicles per day on S Rand Road.; Strong Retail Corridor: Prominently situated on an established retail corridor.; Diverse Tenant Mix: Includes NAPA Auto Parts, Cilantro Taco Grill, Gravitea Boba, and All Ways Healthy Natural Food.
More about this property
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