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Commercial Land with Existing Buildings
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575 Ela Rd, Lake Zurich, IL 60047

Commercial land near Rand Road includes two existing buildings and established retail surroundings.

Property SizeContact for details
Days on Market141

Property Features for 575 Ela Rd

General Information

Standard status Active
Property subtype Land
Listing Agency: CBRE - Oak Brook
Listed By: Adam Foret · License #IL 475160621
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 6:01PM

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 CBRE - Oak Brook

Investment Insights

Based on property information with market context.

This 1.04-acre commercial land parcel at 575 Ela Road includes two existing buildings with a combined 8,335 square feet. The property is positioned in Lake Zurich, a northwestern Chicago suburb, and is accessed from Ela Road near Rand Road.

Rand Road, designated Route 12, connects Chicago’s northwestern and eastern suburbs and carries substantial traffic with Main Street, or Route 22. Combined traffic on the two roads is reported at 51,000 vehicles per day. The surrounding retail environment includes Target, Walmart, Costco, Trader Joe’s, TJ Maxx, Dollar Tree, and The Home Depot.

Key Highlights

  • 1.04‑acre commercial land parcel at 575 Ela Road, Lake Zurich, IL 60047
  • Two existing buildings totaling 8,335 square feet
  • Situated near Rand Road, a primary artery connecting Chicago’s northwestern and eastern suburbs

Property Analytics

Current Use

RentaBikeNow for Store #3 Cycling Facility George Garner Cyclery ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Bakery

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

70
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land near Rand Road includes two existing buildings and established retail surroundings.
Where is this commercial land located?
The property is located at 575 Ela Rd Lake Zurich, IL.
What are key features of this property?
This property features: 1.04‑acre commercial land parcel at 575 Ela Road, Lake Zurich, IL 60047; Two existing buildings totaling 8,335 square feet; Situated near Rand Road, a primary artery connecting Chicago’s northwestern and eastern suburbs
More about this property
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