898 S Rand Road

Lake Zurich, IL 60047

  • 0 Sqft
  • 1.45
    Acres(Lot)
$1,500,000

Description

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 $100,800 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.

  • Property Type

    Land

  • County

    Lake

  • Style

    Land

  • AD ID

    46446951

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BuyOwner last updated this listing Sun Aug 18 2024

  • MLS: MRD12114223
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Midwest Real Estate Data LLC (MRED)

is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 1 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Kildeer , in zip code 60047, this Lake County Land and are nearby neighborhoods.