1800 Rand Rd, Palatine, IL 60074-1130
This exceptional 6,700 square foot retail property at 1800 N Rand Road in Palatine, Illinois presents a remarkable opportunity for businesses seeking high visibility and convenient access. Located in a bustling area with over 18,000 vehicles passing daily, this property ensures significant exposure to potential customers. The building boasts ample parking both in the front and rear, offering unparalleled convenience for employees and clients alike. The interior layout is designed for optimal functionality, featuring a spacious showroom perfect for showcasing products or services. A well-appointed conference room provides a professional setting for meetings and client interactions. A convenient kitchenette is included for employee use, and abundant storage space is available throughout the building to accommodate inventory or supplies. This property is ideal for a variety of retail businesses or co-op ventures seeking a prime location in a thriving Palatine community. The building's strategic placement and versatile interior make it an exceptional investment opportunity. The asking price is $899,000. Serious inquiries only.
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Ellegant Home Design Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.