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    135-155 Old Rand Rd Lake Zurich, IL 60047

    Sponsored
    For Sale
    Contact for pricing

    Four Acres, Divisible, Prime Location

    Property size:
    175,111 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering presents a unique redevelopment opportunity in the thriving northwest Chicago suburb of Lake Zurich, Illinois. The property encompasses four acres of land, divisible down to one-acre parcels, providing flexibility for various development projects. With a total square footage of 175,111, this site boasts a highly desirable B-2, Central Business District zoning designation. Its strategic location at a gateway intersection places it adjacent to the historic Lake Zurich Train Station and within easy walking distance of Lake Zurich. The property includes three separate parcels (PINs: 14-20-200-019

    Property Features for 135-155 Old Rand Rd

    General Information

    Property type
    Land
    Square Feet
    175,111 SF
    Lot Size
    43,560 SF

    HighLights

    • Three‑parcel redevelopment opportunity in Lake Zurich, IL.
    • Four‑acre site, divisible to one‑acre parcels.
    • Parcels ranging from one to four acres available, totaling 175,111 square feet.
    • Prime location at a key Lake Zurich intersection.
    • Near Lake Zurich Train Station and Lake Zurich.
    • PINs: 14‑20‑200‑019; 14‑20‑200‑009; 14‑20‑200‑013.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Zurich
    County
    Lake
    State
    Illinois
    Longitude
    -88.0904342
    Latitude
    42.1949262

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    FAQs

    What type of property is this?
    Land - Four Acres, Divisible, Prime Location
    Where is this land located?
    The property is located at 135-155 Old Rand Rd Lake Zurich, IL.
    What are key features of this property?
    This property features: Three-parcel redevelopment opportunity in Lake Zurich, IL.; Four-acre site, divisible to one-acre parcels.; Parcels ranging from one to four acres available, totaling 175,111 square feet.
    (630) 430-4300
    Request Owner's contact information
    135-155 Old Rand Rd 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
    135-155 Old Rand Rd Lake Zurich, IL 60047
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