1720-1724 N Rand Rd 13,980 SF Retail Building Palatine, IL 60074 $3,000,000 ($214.59/SF)

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a redevelopment opportunity located at 1720-1724 N Rand Road in Palatine, Illinois (the “Property”). The Property, which consists of four (4) adjacent tax parcels, is improved by a vacant 13,980 square foot single story building on a combined 79,870 square foot (1.83-acre) parcel of land and is zoned B-2 Commercial (General Business District), one of the most versatile zoning designations in the city of Palatine. 1720-1724 N Rand Road offers the unique opportunity to redevelop a larger parcel with outstanding frontage and visibility. The Property is located along N Rand Road (US Route 12) and is 0.2 miles from the intersection with Dundee Road (IL Route 68), two of the area’s primary commercial and commuter corridors. The Property is surrounded by national and local retailers and restaurants that drive traffic to the area and is convenient to dense residential neighborhoods and apartment communities. The Property enjoys close proximity to IL Routes 68 and 53 and US Routes 12 and 14 and is a short drive or bus ride from the Palatine and Arlington Park Metra Stations for quick, direct access to Chicago and the surrounding areas. The high-demand for real estate with proximity to the Metra Station, and area highways, make this a great opportunity for an investor seeking a redevelopment site in the Chicago MSA.