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    890 Rand Rd Lake Zurich, IL 60047

    For Lease
    $16 SF/Yr ($12,906 /Mo)

    High-traffic retail space, 1,600 sq ft

    Lot size:
    9,680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 1-story, 9,680 sq ft retail building in Lake Zurich, IL (60047), offers a 1,600 sq ft vacant suite ideal for a variety of retail uses. Located at 890 S Rand Rd, this property boasts a prime location with 39,600 vehicles passing daily. The suite features 78' x 20'-2" dimensions, 16' of storefront glazing on Rand Road and an additional 13' on the west side, perfect for visibility and advertising. The space includes an ADA-accessible restroom (10' x 7'4"), a sprinkler system, and a 9'-10" high ceiling with ample natural light. A utility sink with a fiberglass surround is conveniently located. The building, constructed in 2004 and renovated in 2018, offers 40 parking spaces and sits on a 1.26-acre lot. The zoning is B-3. The property is well-maintained and benefits from strong national co-tenants including Domino's Pizza, Sherwin Williams, and Lacey's Slots. A drive-thru window installation is possible. Freshly painted walls and new flooring options are available. The minimum divisible space is 1,600 sq ft, and the maximum contiguous space is also 1,600 sq ft. The APN is 14-20-404-027-0000. Please review zoning documents to confirm permitted uses.

    Property Features for 890 Rand Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,680 SF
    Total Rate
    12906.67

    Building Details

    Year Built/Renovated
    2004/2018
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,600 SF
    Rate per SF
    $16

    HighLights

    • High‑traffic location with 39,600 vehicles per day (VPD).
    • Strong co‑tenancy with Domino's Pizza and Sherwin‑Williams.
    • Drive‑thru development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Zurich
    County
    Lake
    State
    Illinois
    Longitude
    -88.084935020141
    Latitude
    42.183352000345

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, 1,600 sq ft
    Where is this retail property located?
    The property is located at 890 Rand Rd Lake Zurich, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location with 39,600 vehicles per day (VPD).; Strong co-tenancy with Domino's Pizza and Sherwin-Williams.; Drive-thru development potential.
    Request Owner's contact information
    890 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
    890 Rand Rd Lake Zurich, IL 60047
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