Lake, US
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.
Courtesy Of: Coldwell Banker Commercial NRT
General Features
- List Date:
- 07/23/2024
Exterior Features and Amenities
- Lot Size Dimensions:
- 290X300X413X208.40
Financial
- Days On Market:
- 391
- Tax Annual Amount:
- $15,946.00
- Tax Year:
- 2022
Other Features
- Elementary School District:
- 95
- High School District:
- 95
- Middle Or Junior School District:
- 95
Directions
Take IL-53 N to Lake Cook Rd in Long Grove Continue on Lake Cook Rd to Kildeer Use the left 2 lanes to turn left onto US-12 W/N Rand Rd Take Frontage Rd
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Data last updated: 2025-12-19.
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