864 Rand Rd, Des Plaines, IL 60016-2337
- Retail space
- 0.26 lot acres
Current Use by Public Records
- Rand Road House / Bar & Pub
Property Details for 864 Rand Rd
- Year built
- 1935
- Lot size
- 0.26 lot acres
- Property type
- Retail space
- APN
- 09-08-300-003
- APU
- 908300003
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 16, 2022 | — | Vivian Kallas | Vivian Kallas | Intrafamily Transfer · related | — |
| Jul 20, 2010 | — | Tourlis Gust Trust | Tourlis,gust & Athanasia | Quit Claim Deed · related | — |
| Aug 22, 2006 | $337,500 | Gust Tourlis | Trust 10-1077 | Grant Deed | — |
| Aug 22, 2006 | — | Gust Tourlis | Trust 10-1078 | Grant Deed · related | — |
| — | — | Gust Tourlis | — | Deed Of Trust · related | $222k · Harris NA |
Description
This fee-simple retail storefront property, located at 864-866 Rand Road in Des Plaines, Illinois, presents a compelling redevelopment opportunity. The 1,700 square foot building sits on a 0.62-acre lot (27,057 square feet) and is currently occupied month-to-month. The property boasts excellent visibility and frontage on Rand Road (US Route 12), a major commercial corridor, at a signalized intersection with N 3rd Avenue. Its C-3 General Commercial zoning allows for diverse uses. The location offers convenient access to Golf Road (IL Route 58), E Northwest Highway (US Route 14), and the Cumberland Metra Station, all within a mile. Major highways (Interstates 294, 90, and 290) are easily accessible, as are Pace Bus routes 208, 221, and 234. The area is densely populated, with over 129,700 people within a 3-mile radius and an average household income exceeding $117,471. Within a 5-mile radius, this figure increases to over 308,900 people with an average household income of over $137,662. Nearby amenities include a mixed-use lifestyle center (Metropolitan Square), a Shop & Save grocery store, and numerous national retailers such as Walmart, Menard's, Mariano's, and more. Daily traffic on Rand Road exceeds 30,600 vehicles. This property is ideal for owner-occupancy, leasing as an investment, or significant redevelopment. The asking price is $795,000, with a land value of $29.38 per square foot. The building was constructed in 1935.
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Location Insight
- Map
- Local Demand
- City
- Des Plaines
- County
- Cook
- State
- Illinois
- Longitude
- -87.9034
- Latitude
- 42.0573
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
