41 Rand RdLake Zurich, IL 60047
- Other commercial real estate
- 5.69 AC
Property Details for 41 Rand Rd
- Lot size
- 5.69 AC
- Property type
- Other commercial real estate
- APN
- 14-19-104-001
- APU
- 1419104001
Description
Lakeview Plaza, a thriving retail center in Lake Zurich, IL, offers a 1,260 sq ft space for lease. This established property, located at 41 S Rand Rd (cross street: Honey Lake Rd), boasts a total of 52,400 sq ft across two single-story buildings on a 5.69-acre lot (APN: 1419104001). Built in 1988 and zoned B-3 | Regional Shopping, the plaza enjoys a high-traffic location on S Rand Road, with 35,000 vehicles passing daily. The property benefits from its proximity to Paulus Park and major retailers like Jewel-Osco, Target, and Costco, ensuring strong visibility and customer draw. Lakeview Plaza features a diverse tenant mix including NAPA Auto Parts, Kitchen Discounters of America, Gravitea Boba, All Ways Healthy Natural Food, First American Bank, and Bellalukes. This presents a unique opportunity to join a successful and established retail community in the Central North-West submarket (Deer Park, Lake Barrington, Long Grove, Hawthorn Woods) of Lake County. The property's location offers excellent access to surrounding neighborhoods. This space is perfect for a professional or boutique business seeking high visibility and a strong customer base. The property is situated in the desirable Lake Zurich, IL (zip code 60047) market.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $51,225,364
- Hospitality
- $46,922,160
- Educational
- $39,038,684
- Medical
- $40,381,284
- Retail
- $60,726,844








Location Insight
- City
- Lake Zurich
- County
- Lake
- State
- Illinois
- Latitude
- 42.1963
- Longitude
- -88.1119
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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