Lake Zurich IL Real Estate & Commercial for Sale

Versatile industrial office/warehouse/showroom. 3353 square feet including approximately 2026 finished square feet of office/showroom and 1160 sqf. of garage. 16' clear ceiling height. 100% heated/air conditioned. Beautiful build-out features two offices, a conference room, a kitchenette/break room and two baths. Zoned Industrial in Lake Zurich permitting a wide range of uses. 400 Amp electrical. 16' clear ceilings in the showroom/warehouse/garage area, 10 x 12 overhead door.

Discover a premier multi-family and redevelopment opportunity in the heart of Lake Zurich. Located at 898 S Rand Road, this 1.45-acre property features a 6,259-square-foot mixed-use building with 124 feet of frontage along the high-traffic Route 12 corridor, where over 37,000 vehicles pass daily. The existing structure is currently almost fully occupied and includes a unit mix of four 1-bedroom/1-bath units, four studio units, one 2-bedroom/1-bath unit, and one office unit, collectively generating $100,800 in annual rental income with upside potential through rent increases or reconfiguration. Zoned B-3 (Regional Shopping District), the site offers exceptional flexibility for investors or developers seeking long-term value and cash flow. Approximately one acre of the land remains undeveloped, creating the opportunity to construct an additional building to maximize density and returns. The zoning allows for a wide range of commercial or mixed-use development options, making this property ideal for continued residential use, retail, or office expansion. Full on-site utilities are in place, further simplifying the development process. Strategically positioned within Lake Zurich's primary retail corridor, the property is surrounded by major national retailers including Walmart, Costco, Home Depot, ALDI, Binny's, Starbucks, and the Lake Zurich DMV. This dynamic location ensures strong visibility, high foot traffic, and sustained tenant demand. Area demographics within a one-mile radius further enhance investment appeal, with over 9,100 residents. Whether you're seeking stable rental income, a prime redevelopment opportunity, or a flexible mixed-use asset in a high-growth suburban market, 898 S Rand Road delivers a compelling investment case with immediate performance and long-term upside.

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!