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    320 Main St Lake Zurich, IL 60047

    • Commercial real estate
    • 0.18 lot acres
    For Sale
    View listing
    $5,220,000
    Value Estimation
    Location Intelligence
    Property ID
    US28-1514839
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 320 Main St

    Lot size
    0.18 lot acres
    Property type
    Commercial real estate
    APN
    13-36-323-015
    APU
    1336323015

    Description

    This 83,599-square-foot manufacturing facility in Lake Zurich, IL, is available for sale or lease. Built in 1980 and remodeled in 2007, the property sits on a 4.96-acre lot and features three loading docks, two drive-in doors at the front, and an additional drive-in door and large secure lot at the rear, ideal for storage or truck parking. Ceiling heights range from 14 to 22 feet. The roof was recently replaced in Spring 2025. The building is currently vacant, with the previous tenant vacating at the end of January 2025. Located on State Route 22, it offers convenient access to major interstates and is approximately 40 miles northwest of downtown Chicago and 24 miles northwest of O'Hare International Airport. The property benefits from low property taxes and a prime location within a densely populated area with high average household incomes (over $150,000 within a 5-mile radius). The asking price is $5,220,000, with a price per square foot of $62.44.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Barrington
    County
    Lake
    State
    Illinois
    Longitude
    -88.132
    Latitude
    42.1544
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,065
    $40,096
    $129,161
    $169,257
    -
    $120,300
    $387,522
    $507,822

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    320 Main St
    Lake Zurich, IL 60047
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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