Property summary
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.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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