20140-20152 Rand Rd Rt 12 Palatine, IL 60074
- Land
- 2.98 lot acres
Current Use by Public Records
- Land
Property Details for 20140-20152 Rand Rd Rt 12
- Lot size
- 2.98 lot acres
- Property type
- Land
Description
This exceptional 2.98-acre commercial land parcel presents a remarkable development opportunity in Deer Park, Illinois. Strategically located on Rand Road (US Route 12), just north of Lake Cook Road, this property boasts 176 feet of frontage on a major thoroughfare experiencing high traffic volume—44,940 vehicles daily. The site is zoned P - Planned Development, allowing for uses compatible with a general business district (specific permitted uses are detailed in the zoning documents). Two parcels comprise the total acreage: 20140 N. Rand Rd (69,202 sq ft, PIN 14-35-300-031) and 20152 N. Rand Rd (60,118 sq ft, PIN 14-35-300-030). The land value is $14.63 per square foot. The asking price is $1,900,000. 2021 property taxes totaled $20,930.90. This prime location offers unparalleled visibility and accessibility, making it ideal for a variety of commercial ventures. Detailed zoning information is available upon request. Don't miss this chance to acquire a highly desirable commercial property in a thriving area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palatine
- County
- Lake
- State
- Illinois
- Longitude
- -88.0419
- Latitude
- 42.1554
