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    715 Ela Rd Lake Zurich, IL 60047

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    For Lease
    $12 SF/Yr

    Move-in ready and build-to-suit office and medical suites available.

    Lot size:
    1.44 Acres

    Property Features for 715 Ela Rd

    General Information

    Standard status
    Active
    Lot size
    1.44 Acres

    Building Details

    Year built
    1999

    Source: COLDWELL BANKER REALTY Agent BRUCE HELLER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Zurich Office/Medical Suites

    715 Ela Road is a three-story, multi-tenant building featuring office and medical office suites, accessible via an elevator. Available spaces include 844 square feet, 1,343 square feet, and 1,780 square feet suites. The entire second floor, comprising 4,602 square feet, is also available as move-in ready suites. Additionally, there is a 1,852 square feet open space suitable for a build-to-suit suite. A dental office occupies 2,892 square feet on the first floor. The property offers ample parking. These office spaces are available immediately.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lanier Masonry And Concrete Concrete Contractor Dr. Nechama Brand Dentist Village Square Dentistry Dentist HRB Solutions, Inc. Health Insurance Agency American Medical Resource Medical School

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Wholesale Shop Spa & Massage Auto Repair Shop Dental Office Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Zurich
    County
    Cook
    State
    Illinois
    Longitude
    -88.102094
    Latitude
    42.185712

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    FAQs

    What type of property is this?
    Office space - Move-in ready and build-to-suit office and medical suites available.
    Where is this office space located?
    The property is located at 715 Ela Rd Lake Zurich, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Move-in ready suites available in various sizes (844sf, 1,343sf, 1,780sf, or entire 2nd floor of 4,602sf).; - Option for a build-to-suit suite (1,852sf open space).; - Attractive and inexpensive office spaces.
    (312) 266-7000
    Request Owner's contact information
    715 Ela Rd Lake Zurich, IL 60047
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    Lake Zurich, IL 60047
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    715 Ela Rd Lake Zurich, IL 60047
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