Listing provided courtesy of Coldwell Banker Commercial Real Estate GroupMREDas Distributed by MLSGrid- MLS# 12611114MLS Provider

199-201 S Rand RoadLake Zurich, IL 60047

Commercial
$23 Active

199-201 S Rand Road Overview

Time on Site:
85 days
Visits:
1

Prime opportunity for a restaurant operator seeking 2nd generational restaurant spacing. This 2,260 SF location features a complete restaurant infrastructure, including a commercial hood system, grease trap, 3-compartment sink, and walk-in cooler. The existing setup allows for a seamless transition for food service use. The space is currently configured as a individual concept operation (Subway + JJ Twigs), but owner would prefer the space to be joined as one instead of leased separately. All equipment from JJ Twigs is available for purchase, presenting a turnkey opportunity for an incoming tenant or owner-user. Ownership is seeking a tenant who will utilize the full buildout of the space, making this ideal for an established operator or an entrepreneur looking to launch with significant cost savings on on equipment and kitchen build out from scratch.

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199-201 S Rand Road Facts & Features

  • Type Commercial

Details

General

Association/HOA

  • Association Fee Frequency: Annually

Income/Expenses

  • Existing Lease Type: Net

Building Information

  • Year Built: 1988

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Hawthorn Woods / Lake Zurich / Kildeer / Long Grove

Rent/Lease Information

  • Tenant Pays: Common Area Maintenance

Tax Information

  • Tax Annual Amount: $39,907.00
  • Tax Year: 2024

General Information

  • Property Type: Commercial Lease
  • Zoning: COMMR

Interior

General Information

  • Cooling: Central Air, Exhaust Fan
  • Electric: Circuit Breakers, Separate Meters
  • Leasable Area: 2260
  • Stories: 1

Unit Information

  • Unit SqFt.: 2260

Exterior

General Information

  • Number Of Units Total: 2

199-201 S Rand Road Neighborhood

Community

60047 (Lake Zurich) Demographics

42
Median Age
1,165
Population Density (per sq. mile)
68%
College Educated
$142,964
Estimated Median Income
12,719
Estimated Total Home Owners
1,468
Estimated Total Renters
90% / 10%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

199-201 S Rand Road Market Data

Based on the last 30 days in this zip code

$913,190
Average List Price
$274
Average Price per Square Foot
58
Properties Sold
90
Average Days on Market
167
Properties for Sale
Calculations provided by Reliance Network

199-201 S Rand Road History

Date Event Value Agent
4/26/2026Source: MRED Status Change
Active
4/21/2026Source: MRED Price Reduction
$23 -23.3%
4/21/2026Source: MRED Status Change
Price Change
4/11/2026Source: MRED Status Change
Active
4/6/2026Source: MRED Added to Database
April 06, 2026