625 Rose Rd Lake Zurich, IL 60047
- Land
- 5.23 lot acres
Current Use by Public Records
- Land
Property Details for 625 Rose Rd
- Lot size
- 5.23 lot acres
- Property type
- Land
Description
This exceptional 5.23-acre commercial land parcel in Lake Zurich, Illinois (60047), at 625 Rose Rd, presents a unique opportunity for immediate development. The property boasts a compacted clay pad, prepared for the construction of up to an 80,000 square foot building, suitable for single or multi-tenant occupancy. Comprehensive Phase I and soil boring reports are readily available for due diligence. The site has received Village of Lake Zurich approval for its conceptual plan and is zoned and approved for Industrial I-1 and I-2 uses. Significant infrastructure is already in place, including installed storm water lines and manholes, a city sanitary sewer line conveniently located at the building's rear/south, and city water lines installed to the building site along with all necessary fire hydrants. Gas, electric, and internet services are readily accessible on Rose Road. A completed water retention pond further enhances the site's readiness. The Village of Lake Zurich also offers Tax Increment Financing (TIF) money for industrial development, as recently demonstrated by support for projects like North Star Pickle, Echo, and Geremarie (industrial machinery manufacturing, etc.). This prime location offers unparalleled convenience and access to essential utilities, making it an ideal site for a variety of industrial projects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Zurich
- County
- Lake
- State
- Illinois
- Longitude
- -88.0759
- Latitude
- 42.2007
