Automotive Retail Shop
955 Rand Rd, Des Plaines, IL 60016
For Sale
$2,790,000
For-sale automotive-focused commercial property located at 955 Rand Road in Des Plaines.
Property Size7,000 SF
Price / SF$398.57
Days on Market242
Property Features for 955 Rand Rd
General Information
Standard status
Size
Property subtype
Listing Agency:
Baird & Warner
Listed By:
Jamie Lee
(847) 338-3058
Source:
Illianahomesource
Added: Mar 14
Changed: Nov 1
Last Checked: Nov 10 at 11:45AM
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 Baird & Warner
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale commercial property is categorized for auto shop and automotive uses, with an associated listing profile that also includes retail spaces and commercial real estate. The offering is presented as an automotive retail/shop type asset at 955 Rand Road. No additional building details or unit configuration information is provided in the listing remarks.
The property is located at 955 Rand Road in Des Plaines, Illinois, in Cook County. The provided directions note: Golf Rd north on Rand Rd West, which may help prospective visitors locate the site from the nearest arterial route mentioned in the remarks.
Because the property is specifically classified for auto shop and automotive uses, it may be a practical fit for buyers and operators seeking an automotive-oriented storefront or service location. It may also be considered by parties evaluating a commercial retail concept aligned with automotive operations. As no further specifications are included here, due diligence such as a site visit and review of applicable property documentation would be important to confirm final suitability for any intended use.
The property is located at 955 Rand Road in Des Plaines, Illinois, in Cook County. The provided directions note: Golf Rd north on Rand Rd West, which may help prospective visitors locate the site from the nearest arterial route mentioned in the remarks.
Because the property is specifically classified for auto shop and automotive uses, it may be a practical fit for buyers and operators seeking an automotive-oriented storefront or service location. It may also be considered by parties evaluating a commercial retail concept aligned with automotive operations. As no further specifications are included here, due diligence such as a site visit and review of applicable property documentation would be important to confirm final suitability for any intended use.
Key Highlights
- Automotive‑focused commercial property for sale at 955 Rand Road in Des Plaines
- Central air conditioning
- Directions: Golf Rd north on Rand Rd W (Cook County)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,458
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,969,160
$2.0M
Cap Rate 7%
$1,406,543
$1.4M
Cap Rate 9%
$1,093,978
$1.1M
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$153.7K $21.96/SF
− Vacancy
−$13.1K −$1.87/SF
EGI
$140.7K $20.09/SF
− OpEx
−$42.2K −$6.03/SF
NOI
$98.5K $14.07/SF
Area
Cook County, IL
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,969,160
Cap Rate 7%
$1,406,543
Cap Rate 9%
$1,093,978
Alternative Uses
Best Use
Retail
$1.41M
$1.23M – $1.64M
NOI $98,458 @ 7.0% cap · market cap 3.53%
Second Best
Industrial
$430.5K
$376.7K – $502.2K
NOI $30,133 @ 7.0% cap · market cap 1.08%
Theoretical Best
Office A
$2.69M
$2.35M – $3.14M
NOI $188,160 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
716
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60016, IL
61,888
Population
25,613
Households
2.4
Avg Household Size
42
Median Age
43%
College-Educated
89%
High-School Grad
12.1 sq mi
ZIP Area
5,115
Density / Sq Mi
$84,044
Median Household Income
$50,180
Median Earnings
$1,406
Median Rent
$300,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Auto shops in Cook County, IL
Properties on Market for Auto shops in Cook County
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Tri-R-Service Inc — 419 E Golf Rd, Des Plaines, IL 60016
- Hellstrom Automotive Inc — 190 S Wolf Rd, Des Plaines, IL 60016
- Mobile Truck Trailer Repair And Tires — 1259 Rand Rd, Des Plaines, IL 60016
- Jidd Motors Mitsubishi Service — 1313 Rand Rd, Des Plaines, IL 60016
- Jidd Motors Mitsubishi Parts — 1313 Rand Rd, Des Plaines, IL 60016
Frequently Asked Questions
What type of property is this?
Auto shop - For-sale automotive-focused commercial property located at 955 Rand Road in Des Plaines.
Where is this auto shop located?
The property is located at 955 Rand Rd Des Plaines, IL.
What is the asking price?
The asking price for this property is $2,790,000.
What are key features of this property?
This property features: Automotive‑focused commercial property for sale at 955 Rand Road in Des Plaines; Central air conditioning; Directions: Golf Rd north on Rand Rd W (Cook County)
