Back

1 of 32

2 of 32

3 of 32

4 of 32

5 of 32

6 of 32

7 of 32

8 of 32

9 of 32

10 of 32

11 of 32

12 of 32

13 of 32

14 of 32

15 of 32

16 of 32

17 of 32

18 of 32

19 of 32

20 of 32

21 of 32

22 of 32

23 of 32

24 of 32

25 of 32

26 of 32

27 of 32

28 of 32

29 of 32

30 of 32

31 of 32

32 of 32

3 S Old Rand Rd
Lake Zurich, IL 60047

$779,985 USD

Storefront Retail Office For Sale • 6,685 SF

Property Details

Property Type Storefront Retail Office
Total Building Size 6,685 SF
Lot Size 0.18 AC
Building Class C
Year Built 1967
Cap Rate 7.86 %
Tenancy Multiple
Zoning B-2

0 Transit Score

71 Walk Score

                
                    Highlights
                
                                Streamlined permit processing with the Lake Zurich municipality  facilitates smooth development processes
                            
                                Property designation within TIF district #2 provides potential incentives for redevelopment initiatives, leveraging tax increment financing 
                            
                                Prime for redevelopment, with adjacent new constructions signaling area growth and potential opportunities
                            
                                Adjacency to the bustling Main Street Commercial District, a hub of rapid development
                            
                                Proximity to a signalized four-way intersection simplifies access to the property
                            
                                Strategic location near the highly lucrative Route 12/Rand Road commercial corridor promises significant business opportunities

Property Flyers

c 3 S Rand Marketing Brochure 320

Financial Summary (Proforma)

Net Operating Income: $61,317 USD (2025)

Cap Rate:	7.86 %
Total Expenses:	$40,674 USD

Amenities

Corner Lot
Signalized Intersection
Tenant Controlled HVAC
Roof Terrace
Storage Space
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Barrington Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra))	9 min	-	5.2 mi
Palatine Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra))	13 min	-	7.3 mi
Airport	Drive	Walk	Distance
Chicago O'Hare International	36 min	-	24.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	5
Type:	Surface
Included in Rent:	Yes

Paul Proano 312-860-4043 Coldwell Banker Commercial Realty

3 S Old Rand Rd Lake Zurich, IL 60047