Multi-Story Retail
For Sale
Contact for pricing
2015 N Rand Road, Palatine, IL 60074
Retail property along Rand Road with substantial building area and Planned Unit Development zoning.
Property Size53,000 SF
Lot Size5.00 Acres
Price / SF$122.64
Days on Market8
Property Features for 2015 N Rand Road
General Information
Standard status
Active
Size
53,000 SF
Total Parking Spaces
283
Lot size
5.00 Acres
Property subtype
Retail, Special Purpose
Zoning
Planned Unit Development (PUD)
Investment Type
Redevelopment
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Land Use
commercial
Building Details
Year Built
2010
Buildings
1
Stories
2
Listing Agency:
Cushman & Wakefield - Nashville, Tennessee
Listed By:
Evan Halkias · License #IL 475120259
Source:
Crexi
Added: Aug 5
Changed: Aug 12
Last Checked: Aug 12 at 2:09AM
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 Cushman & Wakefield - Nashville, Tennessee
Investment Insights
Based on property information with market context.
This retail property at 2015 N Rand Road in Palatine includes a ±53,000-square-foot, multi-story building constructed in 2010. The site encompasses approximately ±5.0 acres and is zoned Planned Unit Development (PUD), providing a substantial commercial setting for retail occupancy or future property planning.
The property fronts Rand Road, also designated US Highway 12, within an active commercial corridor in the Chicago suburbs. Its location along this established roadway places the building within a regional commercial environment serving consumers from surrounding areas. The combination of a large multi-story structure, sizable acreage, and corridor positioning defines the property’s physical profile.
The property fronts Rand Road, also designated US Highway 12, within an active commercial corridor in the Chicago suburbs. Its location along this established roadway places the building within a regional commercial environment serving consumers from surrounding areas. The combination of a large multi-story structure, sizable acreage, and corridor positioning defines the property’s physical profile.
Key Highlights
- ±53,000‑square‑foot multi‑story retail building
- Approximately ±5.0 acres
- Planned Unit Development (PUD) zoning
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
690
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property along Rand Road with substantial building area and Planned Unit Development zoning.
Where is this retail space located?
The property is located at 2015 N Rand Road Palatine, IL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: ±53,000‑square‑foot multi‑story retail building; Approximately ±5.0 acres; Planned Unit Development (PUD) zoning
