Financial
Distress signals
Property profile

280 N Rand Rd Lake Zurich, IL 60047

FOR SALE
Commercial real estate
Property ID
US28-1924288
0.6 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). 29-yr Hold Held for 29 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?

$20k
Tax billed · 2023
Assessed value$253k
Assessed land$100k
Assessed improvement$153k
Effective rate7.73%
Value estimate · Sep 2026
$365k
$329k – $402k
AI approach$365k
NOI build-up
Gross scheduled income$122k
Vacancy & credit loss−$30k
Operating expenses−$23k
NOI · 8.11% cap applied$69k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$139/SF
Submarket average, outlier-cleaned · 401 recorded sales of this use type
Observed band · Q1–Q3$75 – $250
Cap rate analysis

How does the asset earn?

8.11%
$69k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight No data

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE
Location intelligence

Which uses thrive at this corner?

Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm7.5
Wholesale Shop8.5
Clothing Store7.1

Location

280 N Rand Rd Lake Zurich, IL 60047
County assessor Recorded deeds · 1 transfer Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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