Commercial Flex Unit with
1000 N Rand Road Wauconda, IL 60084
1000 N Rand Road, Wauconda, IL, 60084
$189,900
For Sale
$189,900
COMMERCIAL - Wauconda, IL
Property Size1,700 SF
Price / SF$111.71
Days on Market11
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 Agency
Results Realty USA
(847) 395-2333
1006 Main St., Antioch, IL
Listed by
Kasjana Zaluski · License #475169556
(847) 395-2333
Added: Jul 9 Checked: Jul 19 at 9:06 am
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.
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 Retail
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 | $25.5k | $15.00 |
| − Vacancy | −$663 | −$0.39 |
| EGI | $24.8k | $14.61 |
| − OpEx | −$7.5k | −$4.38 |
| NOI | $17.4k | $10.23 |
1,700 SF · lease $15.00/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Office B
$334.9K
$293.0K – $390.7K
NOI $23,440 @ 7.0% cap · market cap 12.34%
Second Best
Retail
$248.4K
$217.3K – $289.8K
NOI $17,386 @ 7.0% cap · market cap 9.16%
Theoretical Best
Office A
$586.9K
$513.6K – $684.8K
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
Similar For Sale Nearby
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
