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    950 Main St Lake Zurich, IL 60047

    Sponsored
    For Lease
    $15 SF/Yr

    Class A medical office suites available.

    Lot size:
    17,437 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A medical office building, located at 950 W Main Street in Lake Zurich, Illinois, offers multiple suites for lease. Built in 2000, the property boasts a total of 17,437 square feet and features high-end finishes, representing an above-market value for build-out costs. Currently, there are 3,201 square feet of vacant space available, divisible into units ranging from a minimum of 1,452 square feet to a maximum contiguous space of 1,749 square feet. The building's previous tenant was a sleep clinic, making it ideally suited for various medical uses, though it is easily adaptable to other professional office settings. The ample parking provides a generous 4.00 spaces per 1,000 square feet. Situated in Lake County, this property offers a prime location in the vibrant Lake Zurich community, with easy access to major transportation routes and amenities. The zip code is 60047. This is a rare opportunity to secure high-quality office space in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 950 Main St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,437 SF
    Class
    A
    Total Rate
    21796.25

    Building Details

    Year Built
    2000

    Unit(s) available at that property

    Space
    Suite 151
    Size
    1,749 SF
    Rate per SF
    $15
    Space
    Suite 160
    Size
    1,452 SF
    Rate per SF
    $15

    HighLights

    • 1,749 SF of divisible medical office space available, minimum 1,452 SF.
    • High‑end finishes and fully built‑out suites.
    • Lease‑to‑own option available.
    • Excellent location near shopping, dining, and hotels.
    • Ample parking (4 spaces per 1,000 SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Lake Zurich
    County
    Lake
    State
    Illinois
    Longitude
    -88.1144516
    Latitude
    42.1910135

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    FAQs

    What type of property is this?
    Medical office - Class A medical office suites available.
    Where is this medical office located?
    The property is located at 950 Main St Lake Zurich, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 1,749 SF of divisible medical office space available, minimum 1,452 SF.; High-end finishes and fully built-out suites.; Lease-to-own option available.
    Request Owner's contact information
    950 Main St 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
    950 Main St Lake Zurich, IL 60047
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