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Dominant Retail Center in Kildeer
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20505 North Rand Road, Kildeer, IL 60047

Regional shopping corridor with easy access and great demographics.

Space SizeContact for details
Days on Market149

Property Features for 20505 North Rand Road

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Chicago
Listed By: Sean McCourt
Source: Cbre
Added: Mar 25 Changed: Aug 9 Last Checked: Aug 20 at 1:39PM

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 CBRE - Chicago

Investment Insights

Based on property information with market context.

This 170,000 square foot retail center is anchored by Michaels, Old Navy, and Ulta. The property is located within a regional shopping corridor encompassing over 2 million square feet of retail space. Nearby retailers include Crate & Barrel, Apple, Pottery Barn, Nordstrom Rack, and Whole Foods. The location benefits from a traffic signal entrance and high traffic volume of 50,000 vehicles per day. The surrounding area has strong demographics, with an average household income of $160,806 within a one-mile radius and a population of 185,342 within a five-mile radius.

Key Highlights

  • Dominant center with 170,000 SF anchored by Michaels, Old Navy, and Ulta.
  • Located in a regional shopping corridor with over 2 million SF of retail.
  • High traffic volume: 50,000 VPD.

Property Analytics

Current Use

Benefit Cosmetics BrowBar ... Hair Salon LOFT Clothing & Fashion Store Five Below (Bike/Boat/Book/etc) Store Five Guys Restaurant Tsukasa of Tokyo Restaurant

Suggested Use

Top Pick Building Supply Locksmith HVAC Service Cafe & Coffee Shop Catering Service Barber Shop

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

634
Businesses Nearby
277k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 41% Home Improvements & Furnishings 19% Groceries 13% Beauty & Spa 8%
Whole Foods Market Groceries
36,778 visits/mo 0.5 miles
DICK'S Sporting Goods Apparel
34,314 visits/mo 0.4 miles
Crate and Barrel Home Improvements & Furnishings
28,872 visits/mo 0.2 miles
Sephora Beauty & Spa
18,724 visits/mo 0.2 miles
DSW Designer Shoe Warehouse Apparel
16,458 visits/mo 0.3 miles

Demographics for 60047, IL

43,944
Population
15,877
Households
2.8
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,259
Density / Sq Mi
$173,043
Median Household Income
$82,803
Median Earnings
$1,817
Median Rent
$510,000
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
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Similar Off Market Nearby

  • Town Center Promenade 21770 W Long Grove Rd, Deer Park, IL 60010
  • Shops at Kildeer 20505 Rand Rd, Kildeer, IL 60047
  • Sunglass Hut 20530 N Rand Rd #220, Barrington, IL 60010
  • Deer Park Town Center 20530 N Rand Rd, Deer Park, IL 60010
  • Studio NP Salon 20710 N Rand Rd Ste A, Deer Park, IL 60010

Frequently Asked Questions

What type of property is this?
Shopping center - Regional shopping corridor with easy access and great demographics.
Where is this shopping center located?
The property is located at 20505 North Rand Road Kildeer, IL.
What are key features of this property?
This property features: Dominant center with 170,000 SF anchored by Michaels, Old Navy, and Ulta.; Located in a regional shopping corridor with over 2 million SF of retail.; High traffic volume: 50,000 VPD.
More about this property
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