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20140-20152 N Rand Rd 2.98 Acres of Commercial Land Offered at $1,900,000 in Palatine, IL 60074

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INVESTMENT HIGHLIGHTS

  • 2 parcels totaling 2.98 acres zoned P-D Planned Development in Deer Park, IL
  • Zoned P - Planned Development for uses compatible with General Business District
  • 2.98 Acres of Prime Development Opportunity in Deer Park, IL -Asking Price: $1,900,000
  • 176 feet of frontage on Rand Rd (Rt 12)
  • Traffic Counts of 44,940 Vehicles Per Day on US Route 12

EXECUTIVE SUMMARY

2 parcels totaling 2.98 acres zoned P-D Planned Development, incorporated in Deer Park, IL
20140-20152 N Rand Rd (RT 12) Deer Park, IL
Asking Price: $1,900,000 ($14.63 PSF)
** Zoned P - Planned development **
176 feet of frontage on Rand Rd (Rt 12)

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $1,900,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Contractor Storage Yard
  • Garden Center
  • Industrial Park
Total Lot Size 2.98 AC
Zoning PD

1 LOT AVAILABLE

Lot

Price $1,900,000
Price Per AC $637,583.89
Lot Size 2.98 AC

2 parcels totaling 2.98 acres Zoned P-D Planned Development in Deer Park, IL 176 feet of frontage on Rand Rd (Rt 12)

DESCRIPTION

Prime Development Opportunity 2.98 Acres Located on Rand Rd just North of Lake Cook Rd in Deer Park, IL Asking Price: $1,900,000 2 parcels totaling 2.98 acres zoned P-D Planned Development, incorporated in Deer Park, IL 20140 N. Rand Rd 69,202 1.589 14-35-300-031 20152 N. Rand Rd. 60,118 1.380 14-35-300-030 ZONING: Zoned P - Planned Development for uses compatible with General Business District PROPERTY DETAILS: • 176 feet of frontage on Rand Rd (US RT 12) • Traffic Counts of 44,940 Vehicles Per Day on US Route 12 • Located just North of Lake Cook Road • Currently Zoned Zoned P - Planned Development for uses compatible with General Business District • Taxes payable in 2021 = $20.930.90 DEMOGRAPHICS (2021) 2 Mile 5 Miles 10 Miles • Total Population 29,337 202,566 665,998 • Median HH Income $107,859 $134,571 $127,740

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-35-300-030
  • 14-35-300-031
Land Assessment
$288,515
Improvements Assessment
$10,287
Total Assessment
$298,802
  • Listing ID: 26326491

  • Date on Market: 8/4/2022

  • Last Updated:

  • Address: 20140-20152 N Rand Rd, Palatine, IL 60074

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