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    1221-1243 Rand Rd Des Plaines, IL 60016

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    For Lease
    Contact for pricing

    Multi-tenant warehouse/flex buildings near O’Hare, I-90 & I-294.

    Property size:
    3,789 SF
    Lot size:
    7.42 Acres

    Property Features for 1221-1243 Rand Rd

    General Information

    Size
    3,789 SF
    Lot size
    7.42 Acres

    Source: NAI Hiffman | Oakbrook Terrace Agent Paddy Dwyer

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

    Overview

    Des Plaines Warehouse/Flex Space

    This property features four multi-tenant warehouse and flex buildings situated within the Rand Road Business Park. The available units offer exterior docks and are fully air-conditioned, with immediate occupancy possible. Car parking is available. The location provides convenient access to transportation, situated 1.6 miles from I-294 and 5 miles from I-90, and is 7.9 miles from O’Hare Airport. The property is also located close to restaurants and shopping. The property has a size of 3789 square feet.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Similar Places Nearby

    Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.8939006
    Latitude
    42.0512942

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    FAQs

    What type of property is this?
    Warehouse - Multi-tenant warehouse/flex buildings near O’Hare, I-90 & I-294.
    Where is this warehouse located?
    The property is located at 1221-1243 Rand Rd Des Plaines, IL.
    What are key features of this property?
    This property features: - Prime Location: Minutes from O’Hare Airport, I-90 & I-294.; - Exterior Docks for Efficient Loading/Unloading.; - 100% Air-Conditioned Units.
    (630) 932-1234
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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
    1221-1243 Rand Rd Des Plaines, IL 60016
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