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    1552 Rand Rd Des Plaines, IL 60016

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    For Lease
    $20 SF/Yr

    Retail property available for lease in Des Plaines, Illinois.

    Property size:
    17,144 SF
    Lot size:
    17,144 SF

    Property Features for 1552 Rand Rd

    General Information

    Size
    17,144 SF

    Building Details

    Year built
    2008

    Source: Steve Radice Agent Steve Radice

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

    Overview

    Des Plaines Retail Space Available

    This retail property offers 17,144 square feet of space and is located in Des Plaines, Illinois. The property is available for lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    Baskin-Robbins Ice Cream Shop Dunkin' Coffee Shop

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.8850973
    Latitude
    42.0475665

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      Des Plaines Commercial Lease Opportunity

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    FAQs

    What type of property is this?
    Retail property - Retail property available for lease in Des Plaines, Illinois.
    Where is this retail property located?
    The property is located at 1552 Rand Rd Des Plaines, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Retail property available for lease.; - Located in Des Plaines, Illinois.; - Built in 2008.
    (708) 369-9696
    Request Owner's contact information
    1552 Rand Rd Des Plaines, IL 60016
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    Des Plaines, IL 60016
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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
    1552 Rand Rd Des Plaines, IL 60016
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