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71 S Old Rand Road, Lake Zurich, IL, 60047
Mixed-Use Office/Retail Building

71 S Old Rand Road Lake Zurich, IL 60047

New
For Sale
$397,900

Main-floor office/retail space includes three offices, waiting area, kitchenette, and restroom with central HVAC.

Days on Market4

Property Features for 71 S Old Rand Road

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1884
Listing Agency: BAIRD & WARNER
Listed By: MICHAEL REIN · License #471006350
Source: Corcoran
Added: Jul 21 Changed: Jul 24 Last Checked: Jul 24 at 9:03AM

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 BAIRD & WARNER


Investment Insights

Based on property information with market context.

This mixed-use building offers office/retail space on the main floor along with two one-bedroom apartments on the second floor. The main level includes a general office/retail area, three offices, a waiting area, a kitchenette/break area, and a restroom. Central HVAC serves the office/retail area, and the property also includes a full unfinished basement that can be used for storage.

The property is located in Downtown Lake Zurich and is zoned B-2, which permits a wide variety of office and retail uses. The building is offered for sale as-is.

One apartment is in fair condition and is currently month to month with a long-term tenant. The other apartment is in good condition and leased through March 2027. The total above-grade square footage is 2,650, with additional basement space included.

Key Highlights

  • Downtown Lake Zurich property with B‑2 zoning allowing a wide variety of office and retail uses
  • 1884 building with 2,650 sq ft total above‑grade space plus a full unfinished basement for storage
  • Main floor 1,325 sq ft office/retail area with three offices, waiting area, kitchenette/break area, and restroom

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store Bakery Furniture & Home Goods Carpet & Flooring Store Law Firm (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Pet Grooming Service Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Main-floor office/retail space includes three offices, waiting area, kitchenette, and restroom with central HVAC.
Where is this mixed-use property located?
The property is located at 71 S Old Rand Road Lake Zurich, IL.
What is the asking price?
The asking price for this property is $397,900.
What are key features of this property?
This property features: Downtown Lake Zurich property with B‑2 zoning allowing a wide variety of office and retail uses; 1884 building with 2,650 sq ft total above‑grade space plus a full unfinished basement for storage; Main floor 1,325 sq ft office/retail area with three offices, waiting area, kitchenette/break area, and restroom
More about this property
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