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    Property profile & analytics
    OFF-MARKET Estimated value $725,000
    Retail space

    1800 Rand Rd, Palatine, IL 60074-1130

    0.75 ac lot Built 1970
    Entity Owned Free & Clear
    Property ID
    US28-1078743
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1970
    Lot 0.75 ac (32,732 SF)
    APN 02-02-410-024
    UPID US28-1078743
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Ellegant Home Design Construction Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $725k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $725k
    Owner & transaction history
    Aashayaka Business Inveestments LLC
    Aashayaka Business Inveestments LLC
    since 2025
    Last sale
    $726,000
    7 recorded transactions
    2025
    $726,000
    2024
    2020
    $950,000
    2014
    $775,000
    2011
    2005
    $1.4M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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