Property profile

1800 N Rand Rd Palatine, IL 60074

FOR SALE
Retail Stores
Property ID
US28-1078743
0.75 ac lot Built 1970
Saved · see the list in your Dashboard
No photos on file
For Sale
Contact for pricing
1800 N Rand Rd, Palatine, IL 60074
View Listing →

Property summary

AI-generated overview

The property located at 1800 N Rand Rd in Palatine, Illinois consists of a building offering over 6,700 square feet of versatile indoor space. The site is positioned in a high-visibility area along N Rand Rd, with frontage on a roadway carrying a daily traffic count exceeding 18,000 vehicles (based on the listing information). The building includes front and rear parking areas for employee and visitor access. Interior features include a showroom area, a conference room, a kitchenette, and multiple storage spaces. The space is configured to support a range of commercial uses, including business offices and related co-op or multi-tenant activities.

Property profile

Verified
Property type Retail Stores
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

Current use

Occupant on record · Public records
  • Construction Company

Location

1800 N Rand Rd Palatine, IL 60074
Palatine metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2025
Last sale
$726,000
3 recorded transactions
2025
$726,000
2024
Price N/A
2020
$950,000
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message