Search
North-Entry Retail Storefront

1724 N Rand Road, Palatine, IL 60067

For Lease
Contact for pricing

Commercial Lease, Palatine, IL

Space SizeContact for details
Days on Market567

Property Features for 1724 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
Listed By: Joseph Myalil
Added: Apr 24, 2025 Changed: Nov 7 Last Checked: Nov 11 at 3:06AM
MLS# 12298291

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail storefront in Palatine has an entrance at the north end of the building and large glass windows across its exterior. Central air serves the space, and the building dates to 1970. The property is zoned RTAIL.

Located at 1724 N Rand Road, the storefront is within a commercial district that includes local businesses and national chains.

Key Highlights

  • Retail storefront with entry at the building’s north end
  • Central air
  • Built in 1970

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Terra Tax Corporation Tax Preparation

Suggested Use

Top Pick Law Firm Barber Shop (Bike/Boat/Book/etc) Store Plumbing Service Grocery & Convenience Store Veterinary Clinic

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

970
Businesses Nearby
543k
Monthly Visits Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF/Yr for Storefront properties in Cook County, IL

$26.06 Jul
$27.74 Aug
$25.65 Sep
$24.59 Oct

Properties on Market for Storefront properties in Cook County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

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 - The space is equipped with central air and carries RTAIL zoning.
Where is this storefront property located?
The property is located at 1724 N Rand Road Palatine, IL.
What are key features of this property?
This property features: Retail storefront with entry at the building’s north end; Central air; Built in 1970
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved