For Sale
$2,500,000

20420 Rand Rd Lake Zurich, IL 60047

Prime Rand Road location, 2.24 acres.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 2.24-acre development site presents a unique investment opportunity on the highly sought-after Rand Road corridor in Lake Zurich, Illinois. Located in the desirable Lake County, at 20420 North Rand Road, Kildeer, IL 60047, this property boasts 100 feet of frontage, providing excellent visibility and accessibility. Currently zoned PUD (Planned Unit Development), this parcel offers significant flexibility for a variety of development projects. The site includes a non-operational tavern, but the true value lies in the land itself. A new land survey is available for review. With its strategic location south of the upscale Deer Park Town Lifestyle Center, this property benefits from the surrounding retail and restaurant density, ensuring high traffic and visibility. The property also includes 10 existing parking spaces. This is an ideal opportunity for developers seeking to capitalize on the strong demand for commercial development in this thriving Northwest Chicago suburb. The asking price is $2,500,000. Consider combining this lot with adjacent parcels to expand development potential. This property is ready for your vision.

Highlights

  • $2,500,000 asking price.
  • Retail and land property, zoned PUD.
  • 2.24-acre lot with 100 feet of frontage on Rand Road.
  • 10 parking spaces.
  • Located in Kildeer, IL, near Deer Park Town Lifestyle Center.

Property Details for 20420 Rand Rd

Property type
Retail properties, Bars
Lot Size (sq. ft)
97,574 SF

Location Insight

City
Lake Zurich
County
Lake
State
Illinois
Latitude
42.1970343
Longitude
-88.0935013

FAQs

What type of property is this?
Retail property - Prime Rand Road location, 2.24 acres.
Where is the retail property located?
The property is located at 20420 Rand Rd Lake Zurich, IL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: $2,500,000 asking price.; Retail and land property, zoned PUD.; 2.24-acre lot with 100 feet of frontage on Rand Road.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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20420 Rand Rd
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