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1720-1724 N Rand Rd
Palatine, IL 60074
Retail Property For Sale


EXECUTIVE SUMMARY
Great Redevelopment opportunity. Located in TIF district Entire building with basement ~15,000 Square feet. ~400 feet of frontage on Rand Road. High traffic counts. Zoned B-2 General Business. Dense residential population in immediate area. Four Pin numbers. Three access points to the property.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,689 SF
Building Class
C
Year Built
1975
Price
$1,999,999
Price Per SF
$157.62
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.84 AC
Zoning
COM
Parking
75 Spaces (5.91 Spaces per 1,000 SF Leased)
Frontage
178’ on N Rand Rd
AMENITIES
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $59,319 | |
| Land Assessment | $51,916 | Total Assessment | $111,235 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$51,916
Improvements Assessment
$59,319
Total Assessment
$111,235
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