0 Sec Rand & Old Mchenry Lake Zurich, IL 60047
This exceptional 110-acre property presents a unique investment opportunity in unincorporated Lake County, Illinois. The site boasts 90 acres zoned for residential and 20 acres for retail development, making it ideal for a mixed-use project. Previously approved for large-scale commercial development, this location offers over 2,400 feet of frontage on Rand Road (Rt. 12), a major thoroughfare with a daily traffic count of 35,100 vehicles. Old McHenry Road provides additional access, with 10,800 vehicles daily. A proposed traffic signal at Timberlake Road will further enhance accessibility. The property is situated in a high-end residential area with a strong demographic profile, offering convenient access to Lake Zurich (less than 2 miles south). Nearby schools include Hawthorn Woods Grade and Middle Schools, and Lake Zurich High School (Community School District 95). An additional ±20 acres of contiguous land is also available for commercial development along Rand Road. This prime location, coupled with its previous approvals and significant road frontage, makes this an unparalleled opportunity for developers seeking a substantial mixed-use or residential project. The property is offered subject to offer. Contact us for detailed information and to explore this exciting development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.