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Retail Space in Lake Zurich
For Lease
$20 SF/Yr

95 S Rand Road, Hoffman Estates, IL 60047

Street-facing vanilla box ideal for retail or professional uses.

Space SizeContact for details
Days on Market374

Property Features for 95 S Rand Road

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $105,850

Amenities

Central air
Central Individual Cooling

Building Details

Year Built 1988
Listing Agency: ROSSI REAL ESTATE CORP.
Listed By: CARLO ROSSI · License ##471.011314
Source: Corcoran
Added: Aug 13, 2025 Changed: Aug 19 Last Checked: Aug 20 at 5:29AM

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 ROSSI REAL ESTATE CORP.

Investment Insights

Based on property information with market context.

This in-line, street-facing vanilla box is located in Lake Zurich's Lakeview Plaza, making it ideal for retail or professional uses. The plaza features an excellent tenant mix, including NAPA Auto Parts, Cilantro Taco Grill, Gravitea Boba, and All Ways Healthy Natural Food. Out-lots include First American Bank and Bellalukes. Lakeview Plaza is prominently situated on S Rand Road's established retail corridor, across from Paulus Park. The location offers quick access to surrounding neighborhoods and is near Jewel-Osco, Target, and Costco. The location boasts traffic counts of 35,000 vehicles per day.

Key Highlights

  • High traffic location: 35,000 vehicles per day.
  • Located on S Rand Road's established retail corridor.
  • Proximity to major retailers: Jewel‑Osco, Target, and Costco.

Property Analytics

Current Use

La Chalet Hair ... Hair Salon

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Bakery Furniture & Home Goods Carpet & Flooring Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby
52k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 29% Beauty & Spa 5% Hotels & Casinos 3%
Starbucks Dining
13,514 visits/mo 0.3 miles
Wendy's Dining
11,052 visits/mo 0.4 miles
BP Shops & Services
10,032 visits/mo 0.1 miles
Dairy Queen Dining
4,641 visits/mo 0.3 miles
Learning Express Shops & Services
4,376 visits/mo 0.5 miles

Demographics for 60047, IL

43,944
Population
15,877
Households
2.8
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,259
Density / Sq Mi
$173,043
Median Household Income
$82,803
Median Earnings
$1,817
Median Rent
$510,000
Median Home Value

Market

Lease Benchmarks for Hoffman Estates, IL

$18.57 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
3,509 SF
Avg Space Size

This space is priced 8% above the average of $18.57 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Street-facing vanilla box ideal for retail or professional uses.
Where is this retail space located?
The property is located at 95 S Rand Road Hoffman Estates, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: High traffic location: 35,000 vehicles per day.; Located on S Rand Road's established retail corridor.; Proximity to major retailers: Jewel‑Osco, Target, and Costco.
More about this property
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