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    2015 N Rand Rd Palatine, IL 60074

    For Lease
    $7,995,000

    Retail/showroom building on a large land site with high visibility.

    Property size:
    53,000 SF
    Lot size:
    5.10 Acres

    Property Features for 2015 N Rand Rd

    General Information

    Size
    53,000 SF
    Lot size
    5.10 Acres

    Source: Colliers | Chicago Rosemont Agent Charles Canale

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Image Retail/Showroom Building Available

    This impressive retail/showroom building is situated on a large land site, offering visibility and accessibility from the adjacent Rand Road, a high-traffic arterial retail corridor. The property is located in a prime location. An adjacent 16,100 square foot retail strip center on 1.51 acres is also available. The property offers 53,000 square feet of retail, showroom, flex, and industrial space.
    Location Intelligence

    Current Use by Public Records

    ChargePoint Charging Station Electric Vehicle Charging Station

    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

    Carpet outlet inc, AllinoneMart4u, promax-flooring, G S Floor Designs, Flooring, remodeling and home maintenance by Carpentrius INC

    Location Insight

    • Map
    • Local Demand
    City
    Palatine
    County
    Cook
    State
    Illinois
    Longitude
    -88.029152
    Latitude
    42.1467913

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    FAQs

    What type of property is this?
    Showroom - Retail/showroom building on a large land site with high visibility.
    Where is this showroom located?
    The property is located at 2015 N Rand Rd Palatine, IL.
    What are key features of this property?
    This property features: - High-image retail/showroom building.; - Prime location with high visibility.; - Accessibility from Rand Road.
    (312) 545-6033
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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
    2015 N Rand Rd Palatine, IL 60074
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