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Property profile & analytics
OFF-MARKET
Specialty properties

47 Church St Lake Zurich, IL 60047

15,018 SF 5.16 ac lot Built 1972
Property ID
Property summary
AI-generated overview

This exceptional 5.16-acre property in Lake Zurich, IL, presents a unique investment opportunity. The complex includes a 15,018-square-foot main church building, a separate school building, and a four-bedroom, two-bathroom parsonage (requiring rehabilitation). Built in 1972, the main structure boasts a large sanctuary with 30-foot vaulted ceilings and seating for 275, multiple offices, conference rooms, a lower-level meeting hall, a full commercial kitchen, and numerous classrooms. Amenities include a small elevator, ample handicapped accessibility, and a large paved parking lot accommodating 145 vehicles with a covered drop-off area. The property is zoned IB Lake Zurich and enjoys outstanding visibility on Church Street, near Main Street and Route 22. Currently used as a church and school, this versatile property offers significant potential for various uses, including religious services, educational purposes, or redevelopment. The property is being sold "as is." The sale includes three buildings, spanning two stories, and is available for occupancy on August 29, 2024. The asking price is $3,500,000.

Property profile
Verified
Property type Specialty properties
Year built 1972
Total area 15,018 SF
Lot 5.16 ac (224,770 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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