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    20370 Rand Rd Palatine, IL 60074

    For Lease
    $30 SF/Yr

    Commercial Lease - Kildeer, IL

    Days on Market:
    162
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 20370 Rand Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Flooring type
    Concrete
    Architectural style
    Other

    Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) (815) 553-2406 [email protected]

    Listing agent John Higgins (815) 553-2406 License #475152896

    Listing date Jun 27, 2025

    MLS# 12374016 Listing URL

    Copyright © 2025 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

    Commercial Lease in Kildeer, IL

    Located in the thriving Northern Suburbs market, this commercial space benefits from an area that blends urban amenities and suburban tranquility. The location sees more than 45,000 vehicles traveling US Highway 12 daily. Nearby attractions include upscale shopping at Deer Park Town Center and outdoor recreational opportunities at Cuba Marsh Forest Preserve. The area offers a variety of dining options, including restaurants like Stoney River Steakhouse and Cooper's Hawk Winery & Restaurant. Access to major roadways and public transportation facilitates commuting. This location offers an attractive backdrop for office tenants seeking a stimulating work environment in a desirable location.
    Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Spa & Massage Auto Repair Shop Hotel & Motel Hair Salon

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

    Similar Places Nearby

    CSR Design, PC Rescue Shop, Bright AAM, Chundersoft, LLC, iFixandRepair - Palatine Walmart

    Location Insight

    • Map
    • Local Demand
    City
    Palatine
    County
    Cook
    State
    Illinois
    Longitude
    -88.047612
    Latitude
    42.158457

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    FAQs

    What type of property is this?
    Office Property / Space - Commercial space for lease in a thriving suburban location.
    Where is this office property / space located?
    The property is located at 20370 Rand Rd Palatine, IL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on US Highway 12 with 45,000 vehicles daily.; - Proximity to upscale shopping at Deer Park Town Center.; - Convenient access to major roadways and public transportation.
    (815) 553-2406
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    Palatine, IL 60074
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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
    20370 Rand Rd Palatine, IL 60074
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