Lake Zurich IL Real Estate & Commercial for Sale

ATTENTION ALL INVESTORS OR SMALL BUSINESS OWNERS! Welcome to 3 S Old Rand Rd, a lucrative mixed-use development opportunity perfectly suited for investors and small business owners looking to make their mark in Downtown Lake Zurich, IL. With the current B-2 zoning this property offers opportunities whether you envision a cozy cafe, boutique retail shop, or professional office space, the possibilities are endless. Conveniently located in a thriving community, this property enjoys proximity to various amenities and attractions. The first floor offers 4,149 SF retail or office space which is currently a retail music store on a month to month lease and could vacate within 60 days or sign a short term lease. The building offers a 840 SF basement currently being used as storage for the first floor retail space. Upstairs, discover an additional approximately 1,200 rentable square feet of apartment living divided into 2-studio apartments and 2-(1)one-bedroom/(1)one bathroom apartments. Enhanced by a beautiful deck upstairs, providing versatile outdoor space ideal for various businesses to utilize and enhance customer experience. Currently only two out of the four units are operating as Airbnb units, generating steady additional income with potential for more. Investors can also take advantage of this strong rental market and generate steady income by renting the four apartment units on the second floor.

Premium impressive front unit industrial 3,000 sf flex space boasts an excellent location within the sought after Lake Zurich Industrial Park. Tall 16' ceiling heights, two private offices, one bath with another roughed in plus a private 14' DID and warehouse space. Quality construction with endless usage possibilities Convenience at it' s best with easy access to Route 22, Midlothian and Quentin Roads,facing Rose road and the front offices feature views of wetlands and the well landscaped entry.

Beautifully maintained, medical or business space. Located on a prime corridor with frontage on Rand Rd (Rte 22). This very well maintained side-by-side medical/dental/tech/office property with tenants is available for purchase for the first time. North half of the approx 5000 sqft property has been plumbed and wired for a dental or medical practice and features four private restrooms, reception area, private offices, and/or examination rooms, a kitchenette, file rooms, conference rooms and more! Adjoining south side of the building is approx 2500 sqft with one full and one half bath, large storage, file room, two large offices, reception desk, conference room and several workspaces. Very ample parking to accommodate large client, employee, patient base. Property is near to Good Shepherd Hospital, Lake Zurich Commercial Corridor, Barrington and Kildeer. Move-In Ready, call today for a viewing!

Seller Financing Available! Prime real estate potential development opportunity on the corner of Main St and Old Rand Rd in the heart of downtown Lake Zurich, IL. Located at two main crossroads of the rapidly redeveloping Main Street Commercial District, this zoned B-2 and .5 (21,780SF) of an acre redevelopment opportunity Is located in the TIF district where a developer can work hand in hand with the village of Lake Zurich to develop some type of mixed-use property or residential living development. The site currently has three buildings ( lots and businesses can be sold separately) located on the property, two retail structures and one house. The property offers 59' feet of frontage on Main Street and 260' feet on old Rand Road with 17,000 vehicles per day passing through the intersection while located at a four-way intersection. The property has four Pin#s:1420102010,1420102008,1420102004,1420201003 addresses 17 E. Main St, 44 S. Old Rand Rd, 36 S. Old Rand Rd & 20 S. Old Rand Rd. A RESOURCE GUIDE TO TAX INCREMENT FINANCING (TIF) What Is TIF? Tax Increment Financing (TIF) is a program that allocates future increases in property taxes from a designated area, or TIF district, to pay for improvements within that area. In Illinois, the TIF district can remain in place for up to 23 years after its creation. The district can be extended for another 12 years, but an extension requires an act of the state legislature. Other states' laws regarding TIF vary, but the key principles are similar across the country.

Tired of leasing office space? If so consider this standalone (converted house) office building, a former insurance office, for your business and build equity instead of paying rent! 1st Floor with reception area, 2 offices, kitchenette, bathroom, 2nd floor 2 office areas, bathroom and basement (1940's vintage some seepage). Standard Commercial Loan will run approximately $2100/month P&I including taxes w/25% Down, or we can introduce you to SBA Financing with 10% Down. This is an ideal location, plenty of exposure on busy RT22 in Lake Zurich, for Legal, Accounting, Medical or a Retail Business! Private parking in back. Owner will also consider a lease/purchase option at $24/sf Modified Gross lease, includes base rent & taxes. Contact Joe H with questions and to schedule your site visit.

Excellent visibility for a retail or office space available on high traffic Main Street in downtown Lake Zurich. Two buildings on are positioned on the corner of Main and Lions with 1 acre of land that can be developed. The buildings are currently used as a daycare facility with fenced playground. The main building originally housed the post office, the other was originally a library for Lake Zurich. The main building is 4393 square feet with incredible natural light from the surrounding windows. A private entry way with secure door leads to two large rooms that are ideal for retail space, office space, pet boarding facility, day care, yoga or dance studio space. There is a kitchenette, a small office, storage closet, utility room with laundry hook up, a private ADA restroom, and a children's restroom. There are two electric panels, 100 amp and 200 amp service. 200,000 BTU 7 1/2 ton Heating and cooling unit were installed in 03/2009 for main building. There are 26 parking spaces in the parking lot. The secondary building is 975 square feet and has a large room with two private bathrooms. This building has 100 amp service. Heating/AC unit, ductwork and air handler were installed in the attic in 02/1996. There are three total pin numbers, one of which is land ideal for development. It would be an ideal location for a mixed use development or a restaurant. The Lake Zurich downtown is rejuvenating and has several new buildings bringing in additional businesses. This property is in close proximity to all of the new development and will benefit from the exposure. (Additional Pin Numbers are: 1417400022, 1417400021)

715 Ela Road is a three-story, multi-tenant building consisting of both office and medical office suites. It is an elevator building. Currently available spaces are 844sf 1,343sf and 1,780sf of move-in ready suites. There is also a 1,852sf open space that can be a build-to-suite suite. The dental office occupies 2,892 SF. This dental practice can sign a long term lease OR the practice can relocate if a buyer desires to occupy that suite. NOTE: the dentist can stay with a long term lease or the practice can be purchased. Plenty of parking. This is an attractive, inexpensive, office building for the market.