Date
Details
Price
Change
Source
7/20/2026
Listed
$397,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/11
$397,900 Just Listed
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Property Description
Located in Downtown Lake Zurich, Zoned B-2 which permits a wide variety of office and retail uses. 1325 sqf. office/retail on the main floor plus a full unfinished basement that is great for storage! General office/retail area, three offices, waiting area, kitchenette/break area and restroom. Central HVAC in office/retail area. Two one-bedroom apartments on the second floor. Total above-grade square footage is 2650 plus full basement. One apartment in fair condition is currently month to month with a long term tenant, the other, in good condition is leased through March 2027. The intent is to sell as-is.
Full Property Details
Full Property Details for 71 S Old Rand Rd
General
- Price: $397,900
- Taxes: $9,650 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12710644
- Updated: 7/21/2026
- Added to Site: 2 day(s) ago
Location
- Area: Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
- County: Lake
- Township: Ela
- Driving Directions: S. Old Rand Road SW of Main Street.
- Location Details: Northwest Suburban, Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Wood, Vinyl Siding
- Exterior Const.: Wood, Vinyl Siding
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 2,650
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1884
- Built Before 1978: Yes
Unit Information
- # Tenants: 3
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
Lot Features
- Lot Size (Sq. Ft.): 4,956
- Lot Dimensions: 59 x 84
- Frontage: City Street
- Potential Use: Commercial, Retail
- Zoning: COMMR
Financial Considerations
- Assessment Year: 1884
- Tax Amount: $9,650
- Tax Year: 2025
Disclosures and Reports
- Property ID: 14202060030000
Listed by Baird & Warner
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— 71 S Old Rand Rd —
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NMLS#: 1598647
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Schools
Schools serving 71 S Old Rand Rd
School District:Lake Zurich Community Unit School District 95
| Name | Grades | Distance |
|---|---|---|
May Whitney Elementary School 200 Church St, Lake Zurich, IL 60047 | K-5 | 0.3 mi |
Lake Zurich Middle - N Campus 95 Hubbard Lane, Hawthorn Woods, IL 60047 | 6-8 | 2.1 mi |
Lake Zurich High School 300 Church Street, Lake Zurich, IL 60047 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 71 S Old Rand Rd
Tax History
Tax History for 71 S Old Rand Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,595
—
$130,951
4%
2024
$9,602
2%
$125,420
3%
2023
$9,430
3%
$122,052
2%
2022
$9,114
2%
$119,694
3%
2021
$8,950
2%
$116,627
—
2020
$8,811
—
$116,627
1%
2019
$8,811
2%
$115,610
3%
2018
$8,625
1%
$112,701
1%
2017
$8,513
2%
$111,342
3%
2016
$8,359
1%
$107,817
5%
2015
$8,261
-3%
$102,692
—
2014
$8,556
1%
$102,692
-2%
2013
$8,488
5%
$104,351
-1%
2012
$8,064
—
$105,309
—
Disclaimer: Historical tax 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 71 S Old Rand Rd
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- Single Family
- Active
- Updated 13 hours ago
- 6Beds
- 7Total Baths
- 6,149Sq. Ft.
- Single Family
- Active
- Updated 12 hours ago
- 4Beds
- 3Total Baths
- 2,790Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 4Total Baths
- 3,980Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 6Beds
- 3Total Baths
- 2,462Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 4Total Baths
- 2,536Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 3,215Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,740Sq. Ft.
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71 S Old Rand Road, Lake Zurich, IL 60047 (MLS# 12710644) is a Commercial property. 71 S Old Rand Road is currently listed for $397,900 and was received on July 20, 2026. Want to learn more about 71 S Old Rand Road? Do you have questions about finding other Commercial 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.