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2161 N Rand Rd
Palatine, IL 60074
Retail Property For Sale

Executive Summary

Used vehicle lot for sale
1,100 SF office + 400 SF garage on 0.77 acre lot
150 feet frontage on heavily travelled Rand Rd
Lot is 225 feet deep
Property includes 0.2 acre fenced lot
29,000 vehicles per day
1/3 mile south of Lake Cook Rd.
36 car parking plus 9,300 SF (0.2 acre) fenced lot at rear of property
Existing pylon sign along Rand Rd
Zoned B-5 Highway Zoning District

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
1,513 SF
Building Class
C
Year Built
1940
Price
$820,469 CAD
Price Per SF
$542.28 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.76 AC
Zoning
Commerc B-5 - CAR SALES & RENTAL - SPECIAL USE PERMIT APPROVED BY PALATINE VILLAGE COUNCIL JULY 2021 Simple name transfer process, call for details.
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
150’ on N Rand Rd

Amenities

  • Dedicated Turn Lane
  • Fenced Lot
  • Pylon Sign

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 02-02-102-028-0000
  • 02-02-102-027-0000
Land Assessment
$124,364 CAD
Improvements Assessment
$31,802 CAD
Total Assessment
$156,166 CAD
  • Listing ID: 41949696

  • Date on Market: 2026-08-31

  • Last Updated:

  • Address: 2161 N Rand Rd, Palatine, IL 60074

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