List Price: $1,350,000
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| — |
— |
|
— |
0 |
$15,946 |
282 days |
Introducing an unparalleled opportunity for visionary developers: Paul Proano Properties proudly presents an exclusive prime land development prospect in the heart of Lake Zurich. Nestled on 1.45 acres, this site features a 6,259 square foot mixed-use 10-unit building currently generating six figures annually, poised for increased rental yields. The unit mix is (4) 1Bd/1Bath units, (4) studio units, (1) 2Bd/1Bath unit and (1) office unit. Being zoned B-3 for regional shopping, the location offers exceptional redevelopment potential. Boasting 290 feet of frontage and comprehensive on-site utilities, this property ensures streamlined development. Lake Zurich, a vibrant community of 19,624 residents, provides an ideal backdrop for capitalizing on a prominent, high-traffic locale. Strategically positioned off Route 12 with 37,274 vehicles passing daily, it neighbors major retailers such as Walmart, Costco, and Home Depot. Adjacent to a bustling retail strip featuring Lake Zurich DMV, Binny's, Tropical Smoothie, and Duck Donuts, and with ongoing commercial developments nearby, this site promises to be a cornerstone of the area's growth.
Listing courtesy of Coldwell Banker Commercial NRT
898 S Rand Rd. is a lot/land home, and is located in Lake Zurich, IL. It has 0 bedrooms and — bathrooms, and has annual property taxes of $15,946.
Marco Amidei
(888) 32-Marco (847) 630-4886
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