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    225 Rand Rd Lake Zurich, IL 60047

    For Lease
    Contact for pricing

    7.33 Acres, Single Tenant Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 7.33-acre commercial land site presents a unique investment opportunity in the thriving Lake Zurich, Illinois market. Located at 225 S Rand Rd, this single-tenant property offers significant development potential for a variety of commercial uses. The expansive lot size provides ample space for a large-scale project, allowing for substantial building footprint and ample parking. Situated in Lake County, IL, this property benefits from excellent visibility and accessibility, with convenient access to major transportation routes. The property's zoning (not specified in provided information) will need to be verified by the prospective buyer or lessee to determine permitted uses. This prime location offers businesses the opportunity to tap into a robust local economy and a strong consumer base. The property is available for sale or ground lease, providing flexibility for various investment strategies. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The property's address is 225 S Rand Rd, Lake Zurich, IL 60047. Detailed site plans and surveys are available upon request. This is an ideal opportunity for developers seeking a substantial land parcel in a desirable location. The property's geographic coordinates are 42.1935348 latitude and -88.1116428 longitude.

    Property Features for 225 Rand Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • Prime Lake Zurich, IL location.
    • Excellent visibility near the intersection of IL‑22 and Rand Rd.
    • Well‑lit access for convenient ingress/egress.
    • Strong retail co‑tenancy with Home Depot, Jewel‑Osco, and Target.
    • Across from Paulus Park offering scenic lake views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Zurich
    County
    Lake
    State
    Illinois
    Longitude
    -88.1116428
    Latitude
    42.1935348

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    FAQs

    What type of property is this?
    Land - 7.33 Acres, Single Tenant Potential
    Where is this land located?
    The property is located at 225 Rand Rd Lake Zurich, IL.
    What are key features of this property?
    This property features: Prime Lake Zurich, IL location.; Excellent visibility near the intersection of IL-22 and Rand Rd.; Well-lit access for convenient ingress/egress.
    Request Owner's contact information
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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
    225 Rand Rd Lake Zurich, IL 60047
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