Multifamily Housing
29 Park Avenue Lake Zurich, IL 60047
Details & Description
Price: $450,000
    Located walking distance to Lake Zurich. Fully leased with potential storage garage in back for added income. Located in central business district and DownTown TIF District.
    Property Highlights
     Potential for future Re-Development of Downtown Lake Zurich
     Fully Leased
    Listing Agents
    Joseph Heffernan
    KW Commercial
    O: 847-302-5550
    M: 847-302-5550
    joeh@kwcommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    29 Park Avenue

    Lake Zurich, IL 60047

    Listing ID: 269460
    • 29 Park Avenue Lake Zurich, IL 60047 | for Sale | Photo 1
    • 29 Park Avenue Lake Zurich, IL 60047 | for Sale | Photo 2
    • 29 Park Avenue Lake Zurich, IL 60047 | for Sale | Photo 3
    29 Park Avenue | for Sale | Thumbnail 1
    29 Park Avenue | for Sale | Thumbnail 2
    29 Park Avenue | for Sale | Thumbnail 3
    Building Size: 2,016 SF
    Lot Size: 0.227 AC
    Land Size: 9,888 SF
    Building $/SF: $223.21
    Land $/SF: $45.51
    Price
    $450,000
    Property Highlights
    Two Flat
    Fully Leased
    Potential for future Re-Development of Downtown Lake Zurich
    Description

    Located walking distance to Lake Zurich. Fully leased with potential storage garage in back for added income. Located in central business district and DownTown TIF District.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Naperville History of Multifamily Housing for Sale

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    Lake Zurich Area Market Trends

    Listing Demographics for 29 Park Avenue Lake Zurich, IL 60047

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population7,64441,28691,708
    Population Median Age394040
    Population by Age0-9 Yrs792 (10%)4559 (11%)10682 (11%)
    10-19 Yrs1164 (15%)6614 (16%)13450 (14%)
    20-29 Yrs956 (12%)3807 (9%)8414 (9%)
    30-39 Yrs1004 (13%)4579 (11%)10373 (11%)
    40-49 Yrs1030 (13%)5645 (13%)11946 (13%)
    50-59 Yrs1312 (17%)7495 (18%)16790 (18%)
    60-69 Yrs657 (8%)4825 (11%)11138 (12%)
    70+ Yrs728 (9%)3762 (9%)8916 (9%)
    Median HH Income$104,928$134,329$120,108
    Total Household Income< 24K178 (6%)888 (6%)2877 (8%)
    25-49K365 (13%)1340 (9%)4211 (12%)
    50-74K370 (13%)1339 (9%)3786 (11%)
    75-99K353 (13%)1254 (8%)3096 (9%)
    100-199K966 (35%)5295 (37%)10624 (31%)
    200K+457 (17%)4093 (28%)8778 (26%)
    Highest Education LevelNo Diploma49110953145
    Diploma or GED91737798619
    Some College102541719730
    Assoc. Degree48817764017
    Bachelors Degree15031001922269
    Higher Degree869707115373
    Total Housing Units2,84415,04335,563
    --Owner-Occupied1,99912,60427,626
    --Renter-Occupied6901,6055,746
    Owner-Occupied Values< 100K116315805
    100-199K3267832736
    200-299K60919833846
    300-399K43328285128
    400-499K27523564509
    500K+239433810603
    Total Working Age Population6,17632,79572,745
    In Work Force4,35122,54548,975
    Not In Work Force1,82610,24923,770
    Workforce Employed4,24121,88447,369
    Workforce Unemployed1106611,601
    Civlian Workforce4,35122,54548,969
    Military Workforce006
    Total Households2,68814,20933,372
    Family Households2,05711,74025,641
    Non-Family Households6312,4697,731
    Married Couple1,52110,10721,719
    Other Family5371,6323,922
    Married w/Child6854,4529,332
    Single Male w/Child108267627
    Single Female w/Child1214981,426

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243
    Lake County644,356+9703,462+17820,250+6873,024

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 29 Park Avenue in Lake Zurich?
    The asking price for 29 Park Avenue is $450,000
    What is the building size of this Multifamily property in Lake Zurich, IL?
    The size of the building/unit at 29 Park Avenue in Lake Zurich is 2,016 square feet
    How much land does the Lake Zurich, IL property at 29 Park Avenue include?
    29 Park Avenue in Lake Zurich includes 0.227 acres of land
    What is the population within 1 mile of 29 Park Avenue in Lake Zurich?
    The population within 1 mile of 29 Park Avenue Lake Zurich, IL 60047 is 7,644 people.
    Who do I contact for questions about 29 Park Avenue?
    You should contact the listing agent, Joseph Heffernan, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago O'Hare International Airport (ORD) 18
    Chicago Midway International Airport (MDW) 33
    Chicago Rockford International Airport (RFD) 51
    Price
    $450,000
    Listing Agent
    More listings from Joseph Heffernan
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