Commercial Flex Unit with Office

1000 N Rand Road Wauconda, IL 60084

Claim this Listing
New
For Sale
$189,900

COMMERCIAL - Wauconda, IL

Type:Office
Property size:
1,700 SF
Price / SF:
$111/SF
Added:
Jul 9, 2026
Days on Market:
5
Last Refresh:
Jul 13 at 10:06 am

Property Features for 1000 N Rand Road

General Information

Property type
Commercial Sale
Property subtype
Office
Zoning
COMMR
Standard status
Active
APN
09233000490000

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
4165

Utilities

Utilities
Cable Available
Cooling system
Central Air

Building Details

Year built
1985
Floors in Building
1
Number of units
1
Flooring type
Vinyl
Building materials
Brick

Listing agent Kasjana Zaluski License #475169556

Listing office Results Realty USA 1006 Main St., Antioch, IL

Listing date Jul 9, 2026

MLS# 12700290

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 commercial flex unit offers a remodeled, move-in ready interior with a large open main area and a separate front office divided by a barn door. The space also includes an updated bathroom and kitchen area with a large storage closet, along with new flooring and fresh paint throughout. The unit is accessed via a standard commercial entrance, with no overhead door, supporting office, showroom, and service-oriented uses.

The property is located directly on Rand Road (Route 12) in Wauconda, with exposure at a Route 12 and Bonner traffic light. Public remarks indicate over 30,000 vehicles per day and convenient parking within a well-maintained commercial flex building along a busy commercial corridor.

The layout is designed to accommodate a range of light commercial operations, including office, showroom, studio, service business, contractor headquarters, and light industrial use, based on the flexible configuration described in the listing.

Key Highlights

  • 1,700 SF commercial flex unit on high‑traffic Rand Road (Route 12) in Wauconda
  • Over 30,000 vehicles per day at the Route 12 and Bonner traffic light for strong street exposure
  • Fully remodeled move‑in ready space with fresh paint and new flooring throughout

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $16.1k $9.48
− Vacancy −$838 −$0.49
EGI $15.3k $8.99
− OpEx −$5.3k −$3.15
NOI $9.9k $5.84
1,700 SF · lease $9.48/SF/yr · vacancy 5.20% · expense 35.00%

Alternative Uses

Best Use
Office B
$334.9K
$293.0K – $390.7K (±1% cap)
NOI $23,440 @ 7.0% cap · market cap 12.34%
Second Best
Retail
$248.4K
$217.3K – $289.8K (±1% cap)
NOI $17,386 @ 7.0% cap · market cap 9.16%
Theoretical Best
Office A
$586.9K
$513.6K – $684.8K (±1% cap)
NOI $41,085 @ 7.0% cap · market cap 21.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Pharmacy Hair Salon Pet Grooming Service Garden Center Furniture & Home Goods Bakery Tattoo & Piercing Shop

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

FAQs

What type of property is this?
Flex space - Move-in ready flex unit with remodeled interior, open main area, and separate front office in a commercial corridor.
Where is this flex space located?
The property is located at 1000 N Rand Road Wauconda, IL.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 1,700 SF commercial flex unit on high‑traffic Rand Road (Route 12) in Wauconda; Over 30,000 vehicles per day at the Route 12 and Bonner traffic light for strong street exposure; Fully remodeled move‑in ready space with fresh paint and new flooring throughout
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