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Office Unit Under Improvement
For Sale
Contact for pricing
Pending

48 S Old Rand Rd 103, Lake Zurich, IL 60047

Office space is being improved in downtown Lake Zurich near the lake.

Property SizeContact for details
Days on Market142

Property Features for 48 S Old Rand Rd 103

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: Coldwell Banker Real Estate Group Crystal Lake
Listed By: CHRIS BALL · License #IL
Source: Crexi
Added: Apr 14 Changed: Aug 30 Last Checked: Aug 31 at 6:38AM

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 Coldwell Banker Real Estate Group Crystal Lake

Investment Insights

Based on property information with market context.

This office unit is located at 48 S Old Rand Rd 103 in Lake Zurich, Illinois. Building and suite improvements are currently underway, providing an actively updated setting for office use.

The property is situated in downtown Lake Zurich, less than one block from the lake. Its central setting places the office unit within the downtown area while retaining close proximity to the waterfront.

Key Highlights

  • Office unit at 48 S Old Rand Rd 103, Lake Zurich, IL 60047
  • Building and suite improvements currently underway
  • Located in downtown Lake Zurich

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.

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 - Office space is being improved in downtown Lake Zurich near the lake.
Where is this office units located?
The property is located at 48 S Old Rand Rd 103 Lake Zurich, IL.
What are key features of this property?
This property features: Office unit at 48 S Old Rand Rd 103, Lake Zurich, IL 60047; Building and suite improvements currently underway; Located in downtown Lake Zurich
More about this property
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