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The Rand Exchange 1529 Rand Rd 2,280 SF Retail Building Des Plaines, IL 60016 $1,800,000 ($789.47/SF)

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INVESTMENT HIGHLIGHTS

  • Corner Lot: Spacious parcel, ideal for a variety of commercial uses. New parking lot seal coating and striping (40 Spaces).
  • Amenities - Epoxy Floor, High-Power EV charger, Sustainable Lighting System, and Wired for Wi-Fi.
  • Spacious lot, previously used for EV car sales and motorcycle sales.
  • Updated Office Space – Modern and well-maintained with 15' ceilings, ready for immediate use. Specialized after-market automobile improvement facility
  • One Drive-In Door (8' x 12')– Convenient access for deliveries, service, or vehicle-related businesses.
  • Dual Ingress & Egress – Two access points for smooth traffic flow and ease of entry/exit.

EXECUTIVE SUMMARY

1529 Rand Rd, Des Plaines, is strategically located on the SWC of Rand Rd and River Road, with over 32,000 vehicles per day, ensuring exceptional visibility. Just minutes from O’Hare International Airport and major highways (I-90 & I-294), this property offers unparalleled access to the Chicago metro area. This high-visibility, high-traffic property is a perfect opportunity for businesses looking to establish themselves in one of Des Plaines’ busiest commercial areas. Flexible zoning, making it an excellent investment for owner-operators or developers looking to capitalize on the high-exposure location.
Perfect for automotive, retail, or service-oriented businesses, this site is move-in ready and positioned for success.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,280 SF
Building Class
B
Year Built
2020
Price
$1,800,000
Price Per SF
$789.47
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.64 AC
Zoning
C-3 - Commercial
Parking
40 Spaces (17.54 Spaces per 1,000 SF Leased)

AMENITIES

  • Pylon Sign
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • Full Building
  • 2,280 SF
  • Retail
  • Outparcel
  • 30 Days

Offered at $50.00/SF NNN, this high-visibility commercial property features a 3,511 SF freestanding building situated on a 27,678 SF lot (approximately 0.65 acres). Ideally positioned at the corner of Rand Rd and South River Rd, the property boasts 327 feet of frontage and exposure to over 20,000 vehicles per day, making it a prime location for automotive, showroom, or service-oriented businesses. The space includes modern, updated office areas with 15’ ceilings, epoxy flooring, sustainable lighting, a high-power EV charger, and one 8' x 12' drive-in door. The lot also includes new seal coating and striping and dual access points for easy ingress and egress. The property is zoned C-3 and supports a wide range of commercial uses.

Space Size Space Use Position Available
Full Building 2,280 SF Retail Outparcel 30 Days

Full Building

Size
2,280 SF
Space Use
Retail
Position
Outparcel
Available
30 Days

Full Building

Size 2,280 SF
Space Use Retail
Position Outparcel
Available 30 Days

Offered at $50.00/SF NNN, this high-visibility commercial property features a 3,511 SF freestanding building situated on a 27,678 SF lot (approximately 0.65 acres). Ideally positioned at the corner of Rand Rd and South River Rd, the property boasts 327 feet of frontage and exposure to over 20,000 vehicles per day, making it a prime location for automotive, showroom, or service-oriented businesses. The space includes modern, updated office areas with 15’ ceilings, epoxy flooring, sustainable lighting, a high-power EV charger, and one 8' x 12' drive-in door. The lot also includes new seal coating and striping and dual access points for easy ingress and egress. The property is zoned C-3 and supports a wide range of commercial uses.

Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Fifth Third Bank
Huntington National Bank
Giordano's
Anytime Fitness
Old National Bank
U.S. Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-17-205-122-0000
Land Assessment
$56,540
Improvements Assessment
$50,098
Total Assessment
$106,638
  • Listing ID: 35541457

  • Date on Market: 7/12/2024

  • Last Updated:

  • Address: 1529 Rand Rd, Des Plaines, IL 60016

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