755 Rand Rd, Lake Zurich, IL 60047-3414
This exceptional 23-acre commercial land parcel presents a unique investment opportunity in the thriving Lake Zurich, Illinois market. Located at 755 S. Rand Road, the property boasts significant frontage on a major thoroughfare, ensuring high visibility and accessibility for any commercial development. The B-3 zoning allows for a wide range of commercial uses, providing flexibility for potential buyers. Situated in Lake County, Illinois, with a zip code of 60047, this expansive site offers unparalleled potential for businesses seeking a prominent location. The property's substantial size provides ample space for large-scale projects, while its strategic location ensures convenient access to transportation networks and a robust local economy. Detailed site plans and zoning information are readily available upon request. This is an exceptional opportunity to acquire a significant land holding in a prime commercial location. The current owner is Regal Cinema. Serious inquiries only.
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.