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

Year Built 1988

Annual Tax Amount $55,998

Tax Year 2021

Property Sub-Type Retail/Stores

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 Gro

Zoning COMMR

Interior

Cooling Central Individual

Building

Structure Type Concrete,Brick

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

Pat Smarto

Managing Broker / Owner | License ID: 471.000052,

+1(847) 338-3848

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