Retail Storefront with Central
For Lease
$36 SF/Yr
1724-A N Rand Road, Palatine, IL 60067
Commercial Lease, Palatine, IL
Space SizeContact for details
Days on Market412
Property Features for 1724-A N Rand Road
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
RTAIL
Directions
Rand N of Dundee on the West side
Subdivision
Palatine
Standard status
Active
Taxes and HOA fees
Tax Year
2023
Utilities
Cooling system
Central Air
Building Details
Year built
1970
Floors in Building
1
Listing Agency:
RE/MAX Suburban · RE/MAX International
(847) 577-9797
Listed By:
Joseph Myalil
(847) 259-0202
Added: Aug 11, 2025
Changed: Sep 21
Last Checked: Sep 26 at 8:06PM
MLS# 12419378
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail storefront at 1724-A N Rand Road offers a customer-facing commercial setting in Palatine, Illinois. Central air is provided, and the building dates to 1970.
The property is positioned within a commercial district surrounded by a mix of local businesses and national chains. Its exterior presents a contemporary storefront appearance with a polished entrance design, supporting a professional presence for retail occupancy.
The property is positioned within a commercial district surrounded by a mix of local businesses and national chains. Its exterior presents a contemporary storefront appearance with a polished entrance design, supporting a professional presence for retail occupancy.
Key Highlights
- Retail storefront at 1724‑A N Rand Road, Palatine, IL 60067
- Central Air cooling
- Located in a commercial district
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
970
Businesses Nearby
543k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 29%
Dining 28%
Shops & Services 24%
Home Improvements & Furnishings 8%
Walmart
Superstores
82,141 visits/mo
0.4 miles
Target
Superstores
76,065 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
42,789 visits/mo
0.3 miles
McDonald's
Dining
36,188 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
26,320 visits/mo
0.5 miles
Demographics for 60067, IL
39,324
Population
16,039
Households
2.5
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
3,025
Density / Sq Mi
$121,572
Median Household Income
$64,520
Median Earnings
$1,521
Median Rent
$427,900
Median Home Value
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Market
Lease Benchmarks for Palatine, IL
$31.5 /SF/Yr
Avg Asking Price
$24–$36 /SF/Yr
Price Range
2,633 SF
Avg Space Size
This space is priced 14% above the average of $31.5 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- V&J Florals — 1235 E Prairie Brook Dr, Palatine, IL 60074
- Diamond Flowers Boutique — 1100 E Randville Dr, Palatine, IL 60074
- Florist By Laura — 1850 N Rand Rd, Palatine, IL 60074
Frequently Asked Questions
What type of property is this?
Storefront property - Lease space in a commercial district surrounded by local businesses and national chains.
Where is this storefront property located?
The property is located at 1724-A N Rand Road Palatine, IL.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: Retail storefront at 1724‑A N Rand Road, Palatine, IL 60067; Central Air cooling; Located in a commercial district
