520 Main St Wauconda, IL 60084-3478
This exceptional 0.59-acre commercial land parcel, located at 520 West Main Street in Lake Zurich, Illinois (zip code 60047, APN 1419203033), presents a unique investment opportunity. Zoned B1, this property offers significant potential for development. Its prime corner location boasts a traffic signal, ensuring high visibility and accessibility for any future business. The site benefits from heavy traffic volume and multiple access points, maximizing exposure and convenience. With approximately 3,500 square feet of potential improvement, this land is ideal for build-to-suit projects, land leases, or outright sale. The strong performing market in Lake Zurich further enhances the value and potential return on investment. This is a rare chance to acquire a highly desirable commercial property in a thriving location. Serious inquiries are encouraged. The property is subject to offer.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.