Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

955 Rand Rd Des Plaines, IL 60016

FOR SALE
Auto shops
Property ID
US28-0392761
1,600 SF 0.93 ac lot Built 1959
Last sale Aug 2001 · $580,000
Individually Owned Owner of record is an individual. 25-yr Hold Held for 25 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property consists of a commercial site totaling over 40,000 square feet on Rand Road, improved with two existing buildings. The location is positioned for access to major expressways and is minutes from O’Hare International Airport, with reported high traffic volume along Rand Road (approximately 22,800 vehicles per day). The site is configured to support a range of commercial uses, based on its two-building layout and roadside frontage.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$46k
Tax billed · 2022
Assessed value$179k
Assessed land$142k
Assessed improvement$37k
Effective rate25.73%

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$315k
NOI build-up
Gross scheduled income$151k
Vacancy & credit loss−$12k
Operating expenses−$42k
NOI · 3.48% cap applied$97k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$121/SF
County average, outlier-cleaned · 372 recorded sales of this use type
Observed band · Q1–Q3$53 – $217

Cap rate analysis

How does the asset earn?
3.48%
$97k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.5
Parking Facility11.9
Convenience Store10.3

Location

955 Rand Rd Des Plaines, IL 60016
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
875 Rand, Des Plaines, IL 60016-2336 $1,650,000 May 2025 No data
1483 Rand, Des Plaines, IL 60016-3408 $525,000 Oct 2024 No data
1101 Elmhurst, Des Plaines, IL 60016-5608 $375,000 Oct 2023 No data
1065 Lee, Des Plaines, IL 60016-6514 $850,000 Oct 2023 No data
1005 Graceland, Des Plaines, IL 60016-6511 $550,000 Apr 2023 No data
419 Golf, Des Plaines, IL 60016-2233 $250,000 Apr 2023 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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
Why this one?
Saved
Reason not saved — we won't ask again