Property profile

884 Rand Rd Lake Zurich, IL 60047

OFF-MARKET
Commercial real estate
Property ID
US28-1077427
1.37 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail storefront opportunity is located at 884 S Rand Rd, Lake Zurich, IL 60047, within the highly visible Deertrail Court shopping center. The property offers multiple tenancy options, including an endcap space, providing excellent visibility and accessibility. Situated on busy Rand Road (US-12), this location benefits from significant traffic counts and a high-income demographic. Shared access with major retailers like Walmart and Costco via Frontage Road ensures convenient access for customers. The property features large pylon signage directly on US-12, maximizing brand exposure. The diverse co-tenancy includes national brands such as Home Depot, Target, Trader Joe's, and Starbucks, creating a strong synergy and attracting a broad customer base. Ample parking is available in the front lot for customer convenience. This prime location on US-12, a major highway connecting several northwest Illinois suburbs and extending north to Wisconsin, provides unparalleled access and reach. The property presents a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving retail corridor. This is an ideal location for businesses seeking to capitalize on the high traffic volume and affluent demographic of this established retail center.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.37 ac (59,677 SF)
APN 14-20-404-037
UPID US28-1077427

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service
  • Restaurant
  • Physician
  • Physician
  • Medical Laboratory

Location

884 Rand Rd Lake Zurich, IL 60047-3412
Lake Zurich metro Census 864409 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.20M

Owner & transaction history

since 2024
Last sale
$1.2M
4 recorded transactions
2024
$1.2M
2017
$1.8M
1969
Price N/A
1969
Price N/A

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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