950 Main St Lake Zurich, IL 60047
This exceptional 17,437-square-foot Class B medical office building, constructed in 2000, is ideally situated at 950 W Main Street in Lake Zurich, Illinois, zip code 60047. The property offers a prime location with convenient access to shopping, dining, and hotels, making it highly attractive to both patients and staff. The building boasts upgraded interior finishes, reflecting a commitment to quality and modern aesthetics. Currently configured as a medical office, it presents a versatile space suitable for a variety of medical or general office uses. A significant portion of the building, 1,749 square feet, is currently available. The asking price per square foot is $145. The owner is highly motivated and open to exploring creative financing options, including a potential lease-to-own arrangement for qualified buyers. This presents a unique opportunity for investors or owner-users seeking a well-maintained, strategically located medical office building in a thriving community. The property is located in Lake County, Illinois, and its precise coordinates are latitude 42.1910135 and longitude -88.1144516.
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
Similar Nearby for Sale
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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.