Entity Owned Property summary
This exceptional 33,750 square foot commercial land parcel presents a remarkable development opportunity in Palatine, Illinois. Located at 2161 N Rand Rd, this property boasts an enviable position with over 150 feet of frontage on Rand Road, just south of Lake Cook Road. The high-density location ensures exceptional visibility and accessibility, with daily traffic counts exceeding 30,000 vehicles. Currently utilized as an automobile dealership, the site includes a 1,500 square foot office… building and a separate heated garage, all of which will be vacated upon sale. The property is zoned B5, offering a wide range of potential development options. All utilities are readily available on-site, simplifying the development process. The APN is 02-02-102-028. This prime location in Cook County, with its high traffic volume and existing infrastructure, makes this a truly exceptional investment opportunity priced at $650,000. Don't miss this chance to acquire a highly visible and strategically located commercial property in a thriving area of Palatine, IL, zip code 60074.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,000 SF
- Lot area
- 0.32 ac
- Year built
- 1948
- Stories
- 1
- APN
- 02-02-102-028
- Assessed value · 2022
- $68,505
- Annual tax · 2022
- $19,620
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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