2001 N Rand Rd Palatine, IL 60074
Property profile & analytics
2001 N Rand Rd Palatine, IL 60074
- Retail space
- 1.51 lot acres
Property ID
US28-5448040
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Insureall Group LLC. / Insurance Agency
- Las Adas Liquors / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
- Body in Gear Wellness (Medical Massage) / Alternative Medicine Practice / Spa & Massage Center
- LibertyX Bitcoin ATM / Atm
- Quality Labor Services - Northwest / Employment Agency
Property Details for 2001 N Rand Rd
- Year built
- 2000
- Lot size
- 1.51 lot acres
- Property type
- Retail space
- APN
- 02-02-402-008
- APU
- 202402008
Description
This exceptional retail space, located at 2001 N Rand Road in Palatine, Illinois (zip code 60074), offers a total of 4,125 square feet, currently entirely vacant and ready for immediate occupancy. The property is ideally suited for multiple tenants, with spaces ranging from a minimum of 800 square feet to a maximum contiguous space of 3,325 square feet. Situated in Cook County, this location benefits from high visibility on Rand Road (Rt 12), just north of Dundee Road, and enjoys heavy traffic counts exceeding 30,300 vehicles daily. The property's strategic position within a thriving retail corridor provides excellent access to a substantial consumer base of over 257,000 people within a 5-mile radius. Tenants will appreciate the convenience of 24-hour access and individual HVAC control. Prominent tenant signage opportunities are available on Rand Road, along with a building monument sign. The rental rate is $19.00-$22.00 per square foot on a modified gross lease. The suites are in move-in condition. This property presents a remarkable opportunity for retail or office users seeking a high-traffic, well-located space in a vibrant community.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,945,000
- ML approach
- $1,965,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Palatine
- County
- Cook
- State
- Illinois
- Longitude
- -88.0277
- Latitude
- 42.1458
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$97,378
$152,534
$187,466
$340,000
-
$610,136
$749,864
$1,360,000
