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Undisclosed

28,371 SF Retail Building Lake Zurich, IL 60047 $3,200,000 ($113/SF)

Investment Highlights

  • Corner Lot
  • Kitchen
  • Private Restrooms
  • High Ceilings
  • Private Offices

Executive Summary

The exquisite property boasts 28,371 square feet of retail space, enveloped in classic architecture with modern finishes. Constructed in 1995 and renovated in 2016, the building features an expansive glass showroom that bathes the interior in natural lighting.
The current well-established business would like to resume business operations in their current location and discuss leaseback options with new owners.
Upper level includes 2,000 square foot apartment suitable for owner/occupier.
The building has a dry sprinkler system, central heating and air conditioning, drop ceilings, emergency lighting and after hours HVAC.
The property is strategically located adjacent to popular retailers such as Jewel Food, Target and Trader Joe's, ensuring high visibility and foot traffic. With close proximity to CostCo, Walmart, and Home Depot.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
28,371 SF
Building Class
B
Year Built/Renovated
1995/2016
Price
$3,200,000
Price Per SF
$113
Tenancy
Single
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.38
Land Acres
1.70 AC
Zoning
B-3
Parking
64 Spaces (2.26 Spaces per 1,000 SF Leased)
Frontage
155 FT on Il 22 Hwy

Amenities

  • Corner Lot
  • Pylon Sign
  • Security System
  • Signage
  • Skylights
  • Tenant Controlled HVAC
  • Air Conditioning

Nearby Major Retailers

Giordano's
Trader Joe's
Jewel-Osco
Orangetheory Fitness
Starbucks
Chase
Bank of America
CrossFit Lykos
RentalMax
Original Pancake House

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-19-400-035
  • 14-19-400-050
Land Assessment
$141,052
Improvements Assessment
$419,727
Total Assessment
$560,779
  • Listing ID: 31683109

  • Date on Market: 5/2/2024

  • Last Updated:

  • Address: Undisclosed, Lake Zurich, IL 60047

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