3.54 Acres in Deer
For Sale
$1,899,000
20270 North Rand Road, Deer Park, IL 60074
3.54-acre parcel with income and development potential.
Property SizeContact for details
Lot Size3.54 Acres
Days on Market297
Property Features for 20270 North Rand Road
General Information
Standard status
Active
Lot size
3.54 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$26,082
Listing Agency:
@properties Christie's International Real Estate
(773) 641-9459
Listed By:
David Urbaniak · License #475114531
(773) 641-9459
Source:
Compass
Added: Oct 17, 2025
Changed: Aug 8
Last Checked: Aug 9 at 11:43AM
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 @properties Christie's International Real Estate
Investment Insights
Based on property information with market context.
This 3.54-acre parcel in Deer Park is currently generating income from multiple sources. A T-Mobile cell tower on the property earns $8,000 per month with a lease extending until 2031/33, approximately eight years remaining. Additionally, automotive repair companies leasing space in a building on the property contribute $10,000 per month, and contractor vehicle parking generates approximately $7,000 per month, both on a month-to-month basis. The location offers 107 feet of frontage on Rand Road, with an IDOT vehicle count of 44,900 vehicles per day. The area is designated as TIF Area #1. Deer Park has expressed interest in the parcel being developed into residential or mixed-use.
Key Highlights
- High income potential: $8K/month from cell tower lease, $10K/month from automotive repair leases, and $7K/month from contractor parking.
- Prime development opportunity: 3.54 acres in Deer Park with potential for residential or mixed‑use development.
- Excellent location: 107 feet of frontage on Rand Road with high traffic volume (44,900 vehicles/day).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - 3.54-acre parcel with income and development potential.
Where is this commercial land located?
The property is located at 20270 North Rand Road Deer Park, IL.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: High income potential: $8K/month from cell tower lease, $10K/month from automotive repair leases, and $7K/month from contractor parking.; Prime development opportunity: 3.54 acres in Deer Park with potential for residential or mixed‑use development.; Excellent location: 107 feet of frontage on Rand Road with high traffic volume (44,900 vehicles/day).
