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    1205 N Rand Rd Arlington Heights, IL

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    For Sale
    Contact for pricing

    Single-tenant auto shop in Prospect Heights, Arlington Heights, IL

    Lot size:
    0.63 Acres

    Property Features for 1205 N Rand Rd

    General Information

    Lot size
    0.63 Acres

    Source: Essex Realty Group, Inc Agent Steven Livaditis

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

    Overview

    Auto Shop on Rand Road

    This single-tenant property in Prospect Heights is leased to Auto Glass Now, a national auto glass provider. The lease is corporately guaranteed by Driven Brands, which operates over 5,000 locations across North America. The property benefits from a high-visibility location on the busy Rand Road retail corridor and is surrounded by dense residential areas and national retailers, providing a stable, long-term income stream.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    Aaa Allied Board Up & Glass, Casey Automotive, Arlington Performance Center, Jiffy Lube, Arlin Car Towing's Service

    Map

    City
    Arlington Heights
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.650338
    Latitude
    39.800566

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    FAQs

    What type of property is this?
    Auto shop - Single-tenant auto shop in Prospect Heights, Arlington Heights, IL
    Where is this auto shop located?
    The property is located at 1205 N Rand Rd Arlington Heights, IL.
    What are key features of this property?
    This property features: - Long-Term Lease with Stable Income Stream; - Corporate Guarantee by Driven Brands (NASDAQ: DRVN); - Leased to Auto Glass Now – National Auto Glass Provider
    (773) 305-4900
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    1205 N Rand Rd Arlington Heights, IL
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    Arlington Heights, IL
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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
    1205 N Rand Rd Arlington Heights, IL
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