Lake Zurich, IL 60047,199 S Rand RD

$1,600,000

Est. payment /mo

$1,990,000

19.6%
Est.Price: ?

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199 S Rand RD Lake Zurich, IL 60047

15,000 SqFt

SOLD DATE : 11/29/2023

Key Details

Sold Price $1,600,000

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 15,000 sqft

Price per Sqft $106

MLS Listing ID 11674952

Sold Date 11/29/23

Year Built 1988

Annual Tax Amount $55,998

Tax Year 2021

Lot Dimensions 131X158X38X321X170X479

Property Description

Property is situated in very busy business district in Lake Zurich. Long term tenants with successful businesses! Check the redevelopment plans in the surrounding area. 2 stores are vacant, after tenants move in net income will be $205,700. Good income property.

Location

State IL

County Lake

Area Hawthorn Woods / Lake Zurich / Kildeer / Long Grove

Zoning COMMR

Interior

Cooling Central Individual

Fireplace N

Building

Level or Stories 1

Structure Type Concrete

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Midwest Real Estate Data (MRED) IDX
Listed by Paul Kim • Partners 4U Realty Inc.
Bought with Sharif Refaie • Homesmart Connect LLC
agent

Karen Arenson

Advisor | License ID: 471.000309

+1(773) 501-6201

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