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    320 Main St Lake Zurich, IL 60047

    Sponsored
    For Sale
    $5,220,000

    83,599 SF Manufacturing Facility

    Property size:
    83,599 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 83,599-square-foot manufacturing facility in Lake Zurich, IL, is available for sale or lease. Built in 1980 and remodeled in 2007, the property sits on a 4.96-acre lot and features three loading docks, two drive-in doors at the front, and an additional drive-in door and large secure lot at the rear, ideal for storage or truck parking. Ceiling heights range from 14 to 22 feet. The roof was recently replaced in Spring 2025. The building is currently vacant, with the previous tenant vacating at the end of January 2025. Located on State Route 22, it offers convenient access to major interstates and is approximately 40 miles northwest of downtown Chicago and 24 miles northwest of O'Hare International Airport. The property benefits from low property taxes and a prime location within a densely populated area with high average household incomes (over $150,000 within a 5-mile radius). The asking price is $5,220,000, with a price per square foot of $62.44.

    Property Features for 320 Main St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    83,599 SF
    Lot Size
    216,058 SF

    Building Details

    Year Built
    1980

    HighLights

    • 83,599 SF manufacturing facility available for sale or lease.
    • Located in Lake Zurich, IL, on a 4.96‑acre lot.
    • Features three loading docks, three drive‑in doors, and a large secure rear lot for storage/parking.
    • Clear ceiling heights range from 14 to 22 feet, and the roof was recently replaced (Spring 2022).
    • Conveniently located on State Route 22, approximately 40 miles northwest of Chicago and 24 miles from O'Hare.
    • Benefits from low property taxes and a desirable location with high average household incomes ($150,000+ within a 5‑mile radius).
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Lake Zurich
    County
    Lake
    State
    Illinois
    Longitude
    -88.079259867494
    Latitude
    42.19753804046

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    FAQs

    What type of property is this?
    Manufacturing property - 83,599 SF Manufacturing Facility
    Where is this manufacturing property located?
    The property is located at 320 Main St Lake Zurich, IL.
    What is the asking price?
    The asking price for this property is $5,220,000.
    What are key features of this property?
    This property features: 83,599 SF manufacturing facility available for sale or lease.; Located in Lake Zurich, IL, on a 4.96-acre lot.; Features three loading docks, three drive-in doors, and a large secure rear lot for storage/parking.
    Request Owner's contact information
    320 Main St Lake Zurich, IL 60047
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    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
    320 Main St Lake Zurich, IL 60047
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