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864 Rand Rd
Des Plaines, IL 60016
Rand Road House · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Development Potential
- High Traffic Counts
- Strategic Retail Location
- Exceptional Demographics
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase 864-866 Rand Road in Des Plaines, Illinois (the “Property”). The Property is improved by a 1,700 square foot freestanding single tenant building on a 0.62-acre parcel (27,057 square feet). The building is currently occupied on a month-to-month basis as Rand Road House and can be delivered vacant or with the tenant in place. 864-866 Rand Road is a corner parcel and is zoned C-3 General Commercial District, one of the most versatile zoning designations in the city of Des Plaines. The Property is well-located along Rand Road (US Route 12), one of the area’s primary commercial corridors and enjoys outstanding visibility and frontage. The Property is positioned at a signalized intersection with N 3rd Avenue and is 0.3-miles from Golf Road (IL Route 58), 0.9-miles from E Northwest Highway (US Route 14) and the Cumberland Metra Station. The location is surrounded by densely developed residential neighborhoods that provide a strong consumer and employee base, as well as national retailers that drive traffic to the area. 864-866 Rand Road offers the opportunity for an owner-user to occupy the Property, to lease the Property as an investment opportunity, or to redevelop the Property.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,700 SF
Building Class
C
Year Built
1935
Price
$1,005,062 CAD
Price Per SF
$591.21 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.73 AC
Frontage
233’ on U.S. 12
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $13,560 CAD | |
| Land Assessment | $86,191 CAD | Total Assessment | $99,751 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$86,191 CAD
Improvements Assessment
$13,560 CAD
Total Assessment
$99,751 CAD
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