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    1221-1311 Rand Rd Des Plaines, IL 60016

    Sponsored
    For Lease
    Contact for pricing

    Four buildings, 136,533 SF, multiple tenants.

    Lot size:
    136,533 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Rand Road Business Center offers a prime industrial opportunity with four multi-tenant buildings totaling 136,533 square feet. This strategically located property within the Rand Road Business Park provides exceptional access to major transportation arteries, including O'Hare Airport, I-90, and I-294. The complex features a variety of spaces available, ranging from 1,599 square feet to 5,782 square feet, catering to diverse business needs. Seven spaces are currently available for immediate occupancy. Each unit boasts 13-foot ceilings and 100% air conditioning, ensuring a comfortable and productive work environment. Exterior docks provide efficient loading and unloading capabilities. The property also offers ample parking with 237 spaces available for tenants and visitors. Its convenient location offers easy access to a variety of restaurants and shopping amenities, enhancing the overall convenience and appeal of this exceptional industrial property. The property's diverse building types, including manufacturing, warehouse, flex, and distribution spaces, make it an ideal location for a wide range of businesses.

    Property Features for 1221-1311 Rand Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    136,533 SF

    Building Details

    Buildings
    4

    Unit(s) available at that property

    Space
    Bldg 1: Unit 1239
    Size
    3,789 SF
    Space
    Bldg 3: Unit 1245-1247
    Size
    5,782 SF
    Space
    Bldg 2: Unit 1301
    Size
    3,363 SF
    Space
    Bldg 2: Unit 1293
    Size
    1,599 SF
    Space
    Bldg 4: Unit 1279
    Size
    2,371 SF
    Space
    Bldg 1: Unit 1231
    Size
    3,789 SF
    Space
    Bldg 3: Unit 1249
    Size
    2,384 SF

    HighLights

    • 136,533 SF industrial portfolio comprising four multi‑tenant buildings.
    • Multiple tenancies available, ranging from 1,599 SF to 5,782 SF.
    • Features 13' ceiling heights and exterior docks.
    • Offers 237 total parking spaces.
    • Convenient location near O'Hare Airport, I‑90, and I‑294, with nearby amenities.
    • Units available for immediate occupancy with 100% air conditioning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.893621495502
    Latitude
    42.051487874542

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    FAQs

    What type of property is this?
    Distribution property - Four buildings, 136,533 SF, multiple tenants.
    Where is this distribution property located?
    The property is located at 1221-1311 Rand Rd Des Plaines, IL.
    What are key features of this property?
    This property features: 136,533 SF industrial portfolio comprising four multi-tenant buildings.; Multiple tenancies available, ranging from 1,599 SF to 5,782 SF.; Features 13' ceiling heights and exterior docks.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1221-1311 Rand Rd Des Plaines, IL 60016
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