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    520 Main St Lake Zurich, IL 60047

    For Sale
    Contact for pricing

    High-visibility corner lot, build-to-suit potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.59-acre commercial land parcel, located at 520 West Main Street in Lake Zurich, Illinois (zip code 60047, APN 1419203033), presents a unique investment opportunity. Zoned B1, this property offers significant potential for development. Its prime corner location boasts a traffic signal, ensuring high visibility and accessibility for any future business. The site benefits from heavy traffic volume and multiple access points, maximizing exposure and convenience. With approximately 3,500 square feet of potential improvement, this land is ideal for build-to-suit projects, land leases, or outright sale. The strong performing market in Lake Zurich further enhances the value and potential return on investment. This is a rare chance to acquire a highly desirable commercial property in a thriving location. Serious inquiries are encouraged. The property is subject to offer.

    Property Features for 520 Main St

    General Information

    Property type
    Land
    Lot Size
    25,700 SF

    HighLights

    • Build‑to‑suit, land lease, or sale opportunity.
    • 0.59‑acre parcel available.
    • ±3,500 SF potential building improvement.
    • Subject to offer.
    • Strong Lake Zurich market.
    • Corner lot with traffic signal, ensuring high visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Zurich
    County
    Lake
    State
    Illinois
    Longitude
    -88.1026285
    Latitude
    42.1905052

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    FAQs

    What type of property is this?
    Land - High-visibility corner lot, build-to-suit potential.
    Where is this land located?
    The property is located at 520 Main St Lake Zurich, IL.
    What are key features of this property?
    This property features: Build-to-suit, land lease, or sale opportunity.; 0.59-acre parcel available.; ±3,500 SF potential building improvement.
    Request Owner's contact information
    520 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
    520 Main St Lake Zurich, IL 60047
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