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Rand Road Development Opportunity
For Sale
$2,500,000

20420 N Rand Road, Deer Park, IL 60074

LAND - Deer Park, IL

Property SizeContact for details
Lot Size1.94 Acres
Days on Market1585

Property Features for 20420 N Rand Road

General Information

Property type Land
Property subtype Other
Zoning PUD
Elementary school district 95
Middle school district 95
High school district 95
Directions N Rand Rd., Just south of Deer Park Rd. (West Side of Street)
Subdivision Barrington Area
Standard status Active
APN 14344000090000
Lot size 1.94 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 13772

Utilities

Utilities Natural Gas Available
Sewer type Septic Tank
Water source Well
Listing Agency: APEX Properties
Listed By: Laura Levenson · License #471018660
Added: Apr 8, 2022 Changed: Apr 15 Last Checked: Aug 9 at 12:06PM
MLS# 11369978

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.

Investment Insights

Based on property information with market context.

This 1.91-acre commercial land offers a prime development opportunity along Deer Park's Rand Road corridor in Chicago's Northwest Suburbs. The property features 100 feet of frontage on Rand Road and is zoned PUD. The site is located just south of the Deer Park Towne Lifestyle Center, which hosts numerous retailers and restaurants. The property was recently approved for annexation to Deer Park, with the creation of a TIF District. An existing non-operational tavern (John's Pub) is located on the property; however, the value is strictly in the land. Combining this lot with adjacent lots allows for development expansion.

Key Highlights

  • 1.91 AC prime development opportunity on Rand Road corridor.
  • 100 feet of Rand Road frontage.
  • Zoned PUD, allowing for flexible development options.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Restaurant Dental Office Building Supply Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby

Demographics for 60074, IL

37,705
Population
14,953
Households
2.5
Avg Household Size
38
Median Age
42%
College-Educated
85%
High-School Grad
7.1 sq mi
ZIP Area
5,311
Density / Sq Mi
$81,911
Median Household Income
$45,217
Median Earnings
$1,429
Median Rent
$307,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 1.91 AC land with Rand Road frontage near retail.
Where is this commercial land located?
The property is located at 20420 N Rand Road Deer Park, IL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 1.91 AC prime development opportunity on Rand Road corridor.; 100 feet of Rand Road frontage.; Zoned PUD, allowing for flexible development options.
More about this property
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