5.34-Acre-Development Site With Improvements In Lake Zurich Industrial Park
625 Rose Road
Lake Zurich, IL 60047
Highlights
- 5.34-acre-development site with no wetlands in Lake Zurich Industrial Park
- Just one block off Rt 22 - major road for trucks to Interstate highways nearby
- Seller-financing is available through a short-term loan at a discounted rate
- Industrial zoning I-1 and I-2 for heavy industry or manufacturing with no residential property next door
- Proximity to I-94 (9.8 miles) and Rt 53/Lake Cook Rd (6 miles)
- 40 miles to downtown Chicago and 66 miles to downtown Milwaukee, WI
- Low Lake County real estate taxes ($18,284.36 in 2024)
- Village Property Tax Incentive Funding (TIF) available
- Truck parking is allowed upon special use permit and a building on the site
- The proposed building site (+/- 70,000 SF) is fully prepared just beyond the retention pond (engineering and construction plans are included in the sale)
- Phase 1 and soil borings reports available upon request
- List of improvements ($990,000 spent):
- Black dirt removed
- Roughed in driveway with curb cut
- Compacted clay pad ready for building and parking lot
- Leveled elevation
- Rear retention wall created
- Storm water lines and manholes installed
- City sanitary sewer line installed to back of building location from Oakwood Road
- City water lines installed to building location along with all fire hydrants
- Gas, electric and phone/cable service located on Rose Road
- Water retention pond completed
Description
iReal Estate Commercial is excited to offer a 5.34-acre land site for sale, located at 625 Rose Road in Lake Zurich, Illinois, a northwest suburb of Chicago in Lake County. This development opportunity is zoned Industrial I-1 and I-2 and allows for a wide range of permitted uses, including manufacturing, transportation, construction, wholesale trade, agriculture, retail, office, and flex space. Truck parking is allowed with a special use permit and a building on the site. The owners invested nearly $1 million to develop a pad-ready building site. This prepared site will save buyers significant costs associated with engineering, construction, permits, and, most importantly, time, as it typically takes around one year to create a pad-ready site.
The site is situated within the Lake Zurich Industrial Park, conveniently located just off Route 22 (Half Day Road/Main Street). This industrial and office park features 100 industrial/flex properties, with overall occupancy exceeding 94%. The area boasts a strong and stable workforce in Lake County, lower property taxes compared to neighboring counties, and near major interstate highways.
The region's transit network is among the largest and most efficient globally. Its extensive freeways, centralized location, rail-truck intermodal facility, and the Port of Chicago make it a key logistics hub. Chicago serves as the nation's premier freight rail hub, with major carriers like BNSF, Union Pacific, CSX, and Norfolk Southern.
The subject site is located in the Lake Zurich Industrial Park just off Route 22 Half Day Road/Main Street. Lake Zurich is a village in Lake County, northwest suburb of Chicago.
