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Investment Highlights
- For sale, 24,900 SQ FT Development site in Historic Lake Zurich, once in a generation opportunity! Rarely available in this great location!
- Ideal Commercial Redevelopment Opportunity! The village of Lake Zurich is amenable to having commercial development on this parcel.
- Tremendous potential for the right buyer. B-2 ZONING, Lot Dimensions: 408.03X103.07X339.80X78.06, Very large private storage parking lot for boats,
- Right Near the corner of Main Street (7,350 VPD) Close to RT 22, and Old Rand Road. Steps from the downtown Lake Zurich shopping district,
- Formerly used as a Landscape retail operation, The current ownership was approved for a large brewery and restaurant on this site.
- use for retail, commercial, vehicle or equipment storage, or you can redevelop,
Executive Summary
For sale, 24,900 SQ FT Development site in Historic Lake Zurich, once in a generation opportunity! Rarely available in this great location! Right Near the corner of Main Street (7,350 VPD) Close to RT 22, and Old Rand Road. Steps from the downtown Lake Zurich shopping district, Ideal Commercial Redevelopment Opportunity! The village of Lake Zurich is amenable to having commercial development on this parcel. Formerly used as a Landscape retail operation, The current ownership was approved for a large brewery and restaurant on this site. Tremendous potential for the right buyer. B-2 ZONING, Lot Dimensions: 408.03X103.07X339.80X78.06, Very large private storage parking lot for boats, cars, trucks, trailers, heavy equipment, nice landscaping, use for retail, commercial, vehicle or equipment storage, or you can redevelop, call listing agent for showings, do not bother tenant The building is 5.000 sq ft, 103.07 sq ft of frontage on main, being sold AS IS Condition Do not bother tenant, Call listing broker for showings.
Taxes & Operating Expenses (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$72,703,607
|
$14,540.72
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$72,703,607
|
$14,540.72
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $72,703,607 |
| Annual Per SF | $14,540.72 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $72,703,607 |
| Annual Per SF | $14,540.72 |
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1980
Price
$2,556,378 CAD
Price Per SF
$511.28 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.66 AC
Zoning
B-2 - B-2 - Lake Zurich
Parking
15 Spaces (2.94 Spaces per 1,000 SF Leased)
Frontage
125’ on Main St
Amenities
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-20-200-031 | Total Assessment | $198,908 CAD (2025) |
| Land Assessment | $88,711 CAD (2025) | Annual Taxes | $72,703,607 CAD ($14,540.72 CAD/SF) |
| Improvements Assessment | $110,197 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
14-20-200-031
Land Assessment
$88,711 CAD (2025)
Improvements Assessment
$110,197 CAD (2025)
Total Assessment
$198,908 CAD (2025)
Annual Taxes
$72,703,607 CAD ($14,540.72 CAD/SF)
Tax Year
2024
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101 E Main St
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