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Retail Center with Pylon Signage
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1316 N Rand Rd, Palatine, IL 60074

Retail space is positioned opposite a Super Walmart with access to pylon signage.

Space SizeContact for details
Property Size6,000 SF
Days on Market6

Property Features for 1316 N Rand Rd

General Information

Standard status Active
Size 6,000 SF
Property subtype RETAIL

Additional Details

Road Access Yes

Amenities

pylon signage
Listing Agency: Edgemark Commercial Real Estate Services, LLC
Listed By: Randy Kotwica
Source: Moodyscre
Added: Jul 30 Changed: Aug 2 Last Checked: Aug 3 at 11:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edgemark Commercial Real Estate Services, LLC

Investment Insights

Based on property information with market context.

This 6,000-square-foot shopping center at 1316 N Rand Rd offers retail space with pylon signage available for tenant identification. The property is situated across from a Super Walmart on Rand Road, providing a location near a major retail anchor.

Palatine is approximately 30 miles from Chicago’s Loop and 14 miles from O’Hare International Airport. The property combines a retail-center setting with access to the broader Chicago metropolitan area.

Key Highlights

  • 6,000‑square‑foot shopping center
  • Across from a Super Walmart
  • Pylon signage available

Property Analytics

Current Use

Phở Son Ha Restaurant

Suggested Use

Top Pick Law Firm Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Skin Care Clinic Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

690
Businesses Nearby
20k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 92% Home Improvements & Furnishings 5% Hotels & Casinos 3%
Speedway Shops & Services
16,329 visits/mo 0.4 miles
Public Storage Shops & Services
2,251 visits/mo 0.5 miles
Walter E. Smithe Home Improvements & Furnishings
993 visits/mo 0.3 miles
Red Roof Inn Palatine Hotels & Casinos
668 visits/mo 0.1 miles

Demographics for 60074, IL

37,705
Population
14,953
Households
2.5
Avg Household Size
38
Median Age
42%
College-Educated
85%
High-School Grad
7.1 sq mi
ZIP Area
5,311
Density / Sq Mi
$81,911
Median Household Income
$45,217
Median Earnings
$1,429
Median Rent
$307,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Deer Grove Centre 679 E Dundee Rd, Palatine, IL 60074
  • Park Place Shopping Center 1365 N Rand Rd, Palatine, IL 60074
  • DUNDEE POINT E Dundee Rd, Palatine, IL 60074
  • Plaza La Rosita 1208 E Dundee Rd, Palatine, IL 60074

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space is positioned opposite a Super Walmart with access to pylon signage.
Where is this shopping center located?
The property is located at 1316 N Rand Rd Palatine, IL.
What are key features of this property?
This property features: 6,000‑square‑foot shopping center; Across from a Super Walmart; Pylon signage available
(630) 572-5613 Call to check price and availability
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