715 Ela Road, Lake Zurich, IL 60047, presents a fantastic opportunity for businesses seeking office space in a prime Lake County location. This three-story, multi-tenant building offers a total of 14,130 square feet of space, with multiple suites available. Currently, three move-in ready suites are available, ranging from 844 to 1,780 square feet. Additionally, a 1,852-square-foot open space is available for build-to-suit options, providing flexibility for tenants with specific needs. The building features an elevator for convenient access to all three floors. The minimum divisible space is 1,434 square feet, while the maximum contiguous space available is 3,484 square feet. The building comprises six total suites, catering to a variety of business sizes. Located on Ela Road (Rt. 12), this property boasts ample parking, a significant advantage in this market. This attractive and competitively priced office building offers a compelling opportunity for businesses seeking efficient and well-located office space in Lake Zurich. The property is classified as both office and land, making it a versatile option for various business types.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$2,920,509
Hospitality
$2,675,170
Educational
$2,225,710
Medical
$2,302,256
Retail
$3,462,216
Location Insight
City
Lake Zurich
County
Lake
State
Illinois
Latitude
42.1856
Longitude
-88.1022
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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