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    635 Oakwood Dr Lake Zurich, IL 60047

    Sponsored
    For Lease
    $7 SF/Yr

    Spacious warehouse, ideal for industrial use. Excellent location.

    Lot size:
    85,263 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 85,263-square-foot warehouse, located at 635 Oakwood Drive in Lake Zurich, Illinois, presents a significant opportunity for industrial businesses. The single-tenant property sits on a generous 4.76-acre lot and boasts a 1990 construction date. The warehouse features a substantial 21-foot ceiling height, providing ample vertical space for storage and operations. Loading and unloading are facilitated by six loading docks and two drive-in doors, ensuring efficient material handling. Ample parking is available with 86 spaces designated for vehicles. The property is powered by a robust 1,200-amp, 480-volt electrical system, capable of supporting demanding industrial operations. The property is currently vacant, offering immediate occupancy for a new tenant. Situated in Lake County, Illinois, with a zip code of 60047, this warehouse offers easy access to major transportation routes and a strategic location within the thriving industrial sector of Lake Zurich. The entire 85,263 square feet is available for lease.

    Property Features for 635 Oakwood Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    85,263 SF
    Total Rate
    53289.38

    Building Details

    Year Built
    1990

    Unit(s) available at that property

    Space
    Available Suite 1
    Size
    85,263 SF
    Rate per SF
    $7

    HighLights

    • 85,263 SF freestanding warehouse on a 4.76‑acre lot in Lake Zurich, IL.
    • Suitable for manufacturing.
    • Low Lake County property taxes.
    • Excellent access to Route 12.
    • Potential for TIF district funding.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Lake Zurich
    County
    Lake
    State
    Illinois
    Longitude
    -88.0732808
    Latitude
    42.2087123

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    FAQs

    What type of property is this?
    Distribution property - Spacious warehouse, ideal for industrial use. Excellent location.
    Where is this distribution property located?
    The property is located at 635 Oakwood Dr Lake Zurich, IL.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: 85,263 SF freestanding warehouse on a 4.76-acre lot in Lake Zurich, IL.; Suitable for manufacturing.; Low Lake County property taxes.
    Request Owner's contact information
    635 Oakwood Dr 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
    635 Oakwood Dr Lake Zurich, IL 60047
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