540 Cortland Dr - Storefront FOR SALE


Lake Zurich, IL 60047
$2,950,000 USD
630-457-1248
540 Cortland Dr, Lake Zurich, IL for Sale
$2,950,000 USD
Storefront - FOR SALE
1/26
null | Request Cap Rate

NEW


540 Cortland Dr
Lake Zurich, IL 60047


HIGHLIGHTS

  • Heavy Traffic Counts
  • Great Location on Rt. 22
  • Large showroom
  • Close to other National Brand Tenants and restaurants
  • Ample Parking

OVERVIEW

Take advantage of this exceptional opportunity to acquire a highly trafficked retail property located directly on Rt. 22 and 1/2 mile to Rt. 12 in Lake Zurich. This prominent 28,371 sf foot retail building includes 19,000 SF on the first floor and 9,371 SF on the second floor. Located next to national brand retailers such as Trader Joes, Petco, Office Max and Jewel. Costco and Home Depot within a mile of the building along with many restaurants and other samller retail shops. Option for owner occupancy or investment with current successful furniture store tenant that may be interested in leasing back space. The small warehouse area offers drive in doors for easy loading and unloading.The building was remodeled in 2016 and 2021 including stain floor concrete, updated elevator, renovated owner appartment on second floor plus many other miscelanneous improvements. Do not contact or disturb employees or current tenant. Also available for lease.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

B-3

APN/PARCEL ID

14-19-400-035

ASK ABOUT THIS PROPERTY

Brad SchreinerBatavia Enterprises Real EstateMore Info
630-457-1248

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Brad SchreinerBatavia Enterprises Real EstateMore Info
630-457-1248

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.