500 Rose Rd - Warehouse FOR SALE


Lake Zurich, IL 60047
$900,000 USD
972-755-5223
500 Rose Rd, Lake Zurich, IL for Sale
$900,000 USD
Warehouse - FOR SALE
1/5
null | Request Cap Rate

500 Rose Rd
Lake Zurich, IL 60047


HIGHLIGHTS

  • Vacant 5,200-Square-Foot Industrial Property Situated on 0.91 Acres
  • Featuring Metal Construction, 14-18’ Clear Height, and Three Grade-Level Doors, Including One Drive-Through Repair Bay
  • Zoned as 9-6-2 for Industrial Use, Ideal for Truck Repair, Contractor Storage, or Fleet Maintenance
  • Close Proximity to East Main Street & South Rand Road
  • Outperforming South Lake Submarket: 5.9% Vacancy Rate & 4.2% Rent Growth in Q1 2026 vs. National Averages of 7.8% and 1.4%

OVERVIEW

The property in question is a vacant 5,200-square-foot industrial space situated on 0.91 acres of land. This industrial property features metal construction and has a clear height of 14’ to 18’, making it suitable for various industrial uses that require ample storage and working space. The property also includes three grade-level doors, one of which is a drive-through repair bay, providing easy access and versatility. The property's layout and design allow for efficient use of space, making it a valuable asset for potential buyers or tenants. With a building coverage ratio of 13 percent, the property provides ample room for parking and outdoor storage. The property is zoned as 9-6-2, making it suitable for a variety of industrial activities such as truck repair, contractor storage, or fleet maintenance. Proximity to East Main Street and South Rand Road makes the property easily accessible and provides convenient access to major transportation routes. Located in South Lake, the property benefits from a strong submarket with a vacancy rate of 5.9 percent and annual rent growth of 4.2 percent in Q1 2026, outperforming national averages of 7.8 percent vacancy and 1.4 percent rent growth (CoStar, based on top 50 metros, classes A, B, & C, and minimum 10,000 square feet). This indicates a strong demand for industrial space in the area and a positive outlook for the local economy.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Lake Zurich Contractor Yard

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91

LAND SF

39,640

ZONING

I-2

APN/PARCEL ID

14-16-300-006

ASK ABOUT THIS PROPERTY

Adam AbushagurMarcus & MillichapMore Info
972-755-5223

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Adam AbushagurMarcus & MillichapMore Info
972-755-5223

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