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Commercial Land with Heated Outbuilding
New
For Sale
$495,000

524 S Rand Road, Wauconda, IL 60084

Improved land includes a heated outbuilding with office, kitchen, bathroom, and multiple garage access points.

Property SizeContact for details
Days on Market6

Property Features for 524 S Rand Road

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $8,148
Listing Agency: RE/MAX PLAZA
Listed By: GREGORY KLEMSTEIN · License #475116618
Source: Corcoran
Added: Sep 11 Changed: Sep 15 Last Checked: Sep 16 at 3:02PM

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 RE/MAX PLAZA

Investment Insights

Based on property information with market context.

This 1.9-acre commercial land property includes a large heated outbuilding configured with three garage doors, a full bathroom, office space, and a kitchen area. The existing improvements are currently used by a tree service company, with light industrial activity grandfathered in.

The property has direct access to US Route 12 and sits near the US Route 12 and Route 59 corridor in Wauconda. It is currently zoned residential and lies within the Wauconda TIF District. Future redevelopment or business applications, including contractor operations, equipment or truck storage, service businesses, retail, or light industrial use, are subject to Village approval and applicable zoning requirements.

Key Highlights

  • 1.9 acres with direct access to US Route 12
  • Large heated outbuilding with three garage doors
  • Outbuilding includes a full bathroom, office space, and kitchen area

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Electrical Service Catering Service Barber Shop Plumbing Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

606
Businesses Nearby

Demographics for 60084, IL

17,029
Population
6,811
Households
2.5
Avg Household Size
41
Median Age
38%
College-Educated
92%
High-School Grad
14.0 sq mi
ZIP Area
1,216
Density / Sq Mi
$104,907
Median Household Income
$54,244
Median Earnings
$1,267
Median Rent
$283,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Improved land includes a heated outbuilding with office, kitchen, bathroom, and multiple garage access points.
Where is this commercial land located?
The property is located at 524 S Rand Road Wauconda, IL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 1.9 acres with direct access to US Route 12; Large heated outbuilding with three garage doors; Outbuilding includes a full bathroom, office space, and kitchen area
More about this property
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