47 Church St Lake Zurich, IL 60047
- Specialty properties
- 15,018 SF
- 5.16 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 47 Church St
- Year built
- 1972
- Lot size
- 5.16 lot acres
- Property size
- 15,018 SF
- Property type
- Specialty properties
- Property subtype
- Schools
Description
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.
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
- -88.0901
- Latitude
- 42.1989
