61-95 Oakwood Rd - Light Manufacturing FOR SALE


Lake Zurich, IL 60047
$5,575,000 USD
312-327-5470
61-95 Oakwood Rd, Lake Zurich, IL for Sale
$5,575,000 USD
Light Manufacturing - FOR SALE
1/8
null | 8.04% Cap Rate

61-95 Oakwood Rd
Lake Zurich, IL 60047


HIGHLIGHTS

  • Stabilized multi-tenant industrial/flex investment opportunity
  • Significant anchor tenant | Bureau Veritas of North America, Inc. | €6.47 billion total revenue in 2025
  • Tight multi-tenant flex/industrial submarket | 3.7% vacancy rate for Class B & C multi-tenant industrial/flex product within a two-mile radius
  • Affluent Lake Zurich submarket | $236,000+ average household income within three-mile radius
  • Low Lake County real estate taxes

OVERVIEW

The Doughty Industrial Group of Marcus & Millichap is pleased to present the sale offering of 61-95 Oakwood Road in Lake Zurich, Illinois, a fully stabilized multi-tenant industrial/flex investment opportunity. The subject property is in Lake County just north of East Main Street and downtown Lake Zurich. This business park is ideally within proximity to many national retail brands as well as Lake Zurich High School. The subject property is ±54,688 rentable square feet and is comprised of nine (9) units, leased to seven (7) different tenants. The property is anchored by Bureau Veritas of North America, which occupies a total of ±22,104 rentable square feet. Bureau Veritas is a recognized world leader in testing, inspection and verification services. Headquartered in Paris, France, Bureau Veritas reported total revenue of €6.47 billion in 2025. The purchase of this offering presents an investor with the opportunity to own a stabilized multi-tenant flex/industrial asset. With a list price of $5,575,000, the investment offering will generate an in-place net operating income of $447,962 in Year 1, which equates to a capitalization rate of 8.04%.

FOR SALE DETAILS

PRICE

$5,575,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

8.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oakwood Road

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

22 Ft

DOCKS

6

DRIVE INS

4

PARKING SPACES

150

LAND DETAILS

LAND ACRES

4

LAND SF

174,240

ZONING

I Industrial

APN/PARCEL ID

14-16-301-020

ASK ABOUT THIS PROPERTY

Peter DoughtyMarcus & MillichapMore Info
312-327-5470

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Peter DoughtyMarcus & MillichapMore Info
312-327-5470

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