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Property profile & analytics
OFF-MARKET
Office Spaces

950 Main St Lake Zurich, IL 60047

17,437 SF Built 2000
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 2000
Total area 17,437 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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