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    1724 N Rand Rd Palatine, IL 60067

    Sponsored
    Picture of Storefront properties at N Rand Rd 1724, Palatine, IL
    For Lease
    Contact for pricing

    COMMERCIAL - Palatine, IL

    Type:Retail
    Days on Market:
    44
    Last Refresh:
    Jan 6 at 8:06 pm

    Property Features for 1724 N Rand Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    RTAIL

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Floors in Building
    1

    RE/MAX Suburban (847) 577-9888 [email protected]

    Listing agent Joseph Myalil (847) 394-1234

    Listing date Nov 24, 2025

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Palatine, IL

    The storefront is situated in a bustling commercial district that includes both local businesses and national chains. The building's entry door is located at the north end. The exterior showcases a modern design, featuring large glass windows that allow natural light to fill the interior and offer a clear view of the merchandise inside. The entrance is accented with aluminum or wooden framing, providing a polished and inviting appearance. The property is located in Palatine, Illinois, with a postal code of 60067, and is within Cook County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Terra Tax Corporation Tax Preparation Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    V&J Florals, Diamond Flowers Boutique, Florist By Laura, Chicago Wedding Design

    Location Insight

    • Map
    • Local Demand
    City
    Palatine
    County
    Cook
    State
    Illinois
    Longitude
    -88.024333
    Latitude
    42.14129

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    FAQs

    What type of property is this?
    Storefront property - Storefront in a bustling commercial district with modern design.
    Where is this storefront property located?
    The property is located at 1724 N Rand Rd Palatine, IL.
    What are key features of this property?
    This property features: - Located in a bustling commercial district.; - Modern design with large glass windows.; - Natural light floods the interior.
    (847) 394-1234
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    1724 N Rand Rd Palatine, IL 60067
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    Palatine, IL 60067
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1724 N Rand Rd Palatine, IL 60067
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