$600,000
$700,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
4,986 SqFt
SOLD DATE : 06/27/2024
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 4,986 sqft
Price per Sqft $120
MLS Listing ID 11718313
Sold Date 06/27/24
Year Built 1900
Annual Tax Amount $15,519
Tax Year 2022
Lot Dimensions 61X317X70X175X82X168X59X86
Property Description
Excellent visibility for a retail or office space available on high traffic Main Street in downtown Lake Zurich. Two buildings on are positioned on the corner of Main and Lions with 1 acre of land that can be developed. The buildings are currently used as a daycare facility with fenced playground. The main building originally housed the post office, the other was originally a library for Lake Zurich. The main building is 4393 square feet with incredible natural light from the surrounding windows. A private entry way with secure door leads to two large rooms that are ideal for retail space, office space, pet boarding facility, day care, yoga or dance studio space. There is a kitchenette, a small office, storage closet, utility room with laundry hook up, a private ADA restroom, and a children's restroom. There are two electric panels, 100 amp and 200 amp service. 200,000 BTU 7 1/2 ton Heating and cooling unit for main building. There are 26 parking spaces in the parking lot. The secondary building is 975 square feet and has a large room with two private bathrooms. This building has 100 amp service. Heating/AC unit, ductwork and air handler were installed in the attic in 02/1996. There are three total pin numbers, one of which is land ideal for development. It would be an ideal location for a mixed use development or a restaurant. The Lake Zurich downtown is rejuvenating and has several new buildings bringing in additional businesses. This property is in close proximity to all of the new development and will benefit from the exposure. (Additional Pin Numbers are: 1417400022, 1417400021)
Location
State IL
County Lake
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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