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2161 N Rand Rd
Palatine, IL 60074
Retail Property For Sale
Executive Summary
Used vehicle lot for sale
1,100 SF office + 400 SF garage on 0.77 acre lot
150 feet frontage on heavily travelled Rand Rd
Lot is 225 feet deep
Property includes 0.2 acre fenced lot
29,000 vehicles per day
1/3 mile south of Lake Cook Rd.
36 car parking plus 9,300 SF (0.2 acre) fenced lot at rear of property
Existing pylon sign along Rand Rd
Zoned B-5 Highway Zoning District
1,100 SF office + 400 SF garage on 0.77 acre lot
150 feet frontage on heavily travelled Rand Rd
Lot is 225 feet deep
Property includes 0.2 acre fenced lot
29,000 vehicles per day
1/3 mile south of Lake Cook Rd.
36 car parking plus 9,300 SF (0.2 acre) fenced lot at rear of property
Existing pylon sign along Rand Rd
Zoned B-5 Highway Zoning District
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
1,513 SF
Building Class
C
Year Built
1940
Price
$595,000
Price Per SF
$393.26
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.76 AC
Zoning
Commerc B-5 - CAR SALES & RENTAL - SPECIAL USE PERMIT APPROVED BY PALATINE VILLAGE COUNCIL JULY 2021
Simple name transfer process, call for details.
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
150’ on N Rand Rd
Amenities
- Dedicated Turn Lane
- Fenced Lot
- Pylon Sign
Property Taxes
| Parcel Numbers | Improvements Assessment | $23,063 | |
| Land Assessment | $90,188 | Total Assessment | $113,251 |
Property Taxes
Parcel Numbers
Land Assessment
$90,188
Improvements Assessment
$23,063
Total Assessment
$113,251
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