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Property Description
Prime 1,060 SF corner retail unit located at high-visibility intersection on Rand Road in Lake Zurich. Formerly occupied by Subway, this end-cap space features existing infrastructure ideal for food service or retail conversion. Large storefront windows provide excellent natural light and signage opportunities. Strong traffic counts and easy access with ample shared parking. There are restrictions on the type of businesses allowed within this space, see broker private remarks.
Full Property Details
Full Property Details for 201 S Rand Rd
General
- Price: $19
- Taxes: $39,906 (2024)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12402147
- Updated: 7/2/2025
- Added to Site: 209 day(s) ago
Business
- Business Type: Retail
Interior
- Interior Features: Accessible Entrance, Accessible Washroom/s, Multi-Tenant
- Flooring: Tile
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: Hawthorn Woods / Lake Zurich / Kildeer / Long Gro
- County: Lake
- Driving Directions: Get on I-90 W / I-94 W (Kennedy/Edens Expressway) from downtown Chicago. Continue north-west, then take the exit onto I-94 W toward Milwaukee. After about 15 miles, transition onto US12 W / Rand Road via exit 41B toward Arlington Heights / Lake Zurich. Continue on Rand Road (US12) through suburban areas including Arlington Heights and Palatine. In Lake Zurich, turn left onto S Old Rand Rd (you'll pass local shops and neighborhoods). Continue south to reach 201 S Old Rand Rd - the destination will be on the right.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Ceiling Height: 9
- Sub-Flooring: Tile
- Stories/Levels: 1
- Current Bldg. Use: Commercial
- Year Built: 1988
Lot Features
- Lot Size (Sq. Ft.): 70,567
- Lot Dimensions: 1.63 AC
- Frontage: Paved
- Zoning: RTAIL
Financial Considerations
- Lease Price: $19
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Sprinklers-Wet
- Assessment Year: 1988
- Tax Amount: $39,906.82
- Tax Year: 2024
- Tenant Pays: Common Area Maintenance, Insurance, Tax Stops
Listed by Coldwell Banker Commercial Real Estate Group
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Schools
Schools serving 201 S Rand Rd
School District:Lake Zurich Community Unit School District 95
| Name | Grades | Distance |
|---|---|---|
Seth Paine Elementary School 50 Miller Rd, Hawthorn Woods, IL 60047 | K-5 | 1.3 mi |
Lake Zurich Middle - N Campus 95 Hubbard Lane, Hawthorn Woods, IL 60047 | 6-8 | 2.3 mi |
Lake Zurich High School 300 Church Street, Lake Zurich, IL 60047 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 201 S Rand Rd
Date
Details
Price
Change
Source
6/25/2025
Listed
$19
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 201 S Rand Rd
201 S Rand Road, Lake Zurich, IL 60047 (MLS# 12402147) is a Commercial Lease property. 201 S Rand Road is currently listed for $19 and was received on June 25, 2025. Want to learn more about 201 S Rand Road? Do you have questions about finding other Commercial Lease real estate for sale in Lake Zurich? You can browse all Lake Zurich real estate or contact a Coldwell Banker agent to request more information.

