20270 North Rand Road Palatine, IL 60074

234453520 42.157166 -88.045 129 /listing/234453520-150118348/20270-north-rand-road-palatine-il-60074 False 0 2600000.0 102 10317610 False
  • $2,600,000
  • 3.54 lot
  • Est payment $13957.36/mo

Property & Neighborhood Info

Courtesy Of Homesmart Connect LLC

Vacant Land in PALATINE

3.54 acres land with 3,600 sf outbuilding This is a heavily traveled area. Current tenants generate approx. $8,000. a month in rental income including cell tower.. Cell tower rent is currently $1728 per month and is going up 20 % net year. An offer of $450,000 to buyout lease can be included in the purchase Property is Zoned GC-General Commercial, ideal for retail or office. Owner will consider a land contract. with a 5 year balloon note. Water on site, and sewer nearby. Owner will consider build to suit or possibly subdividing. Priced for land value for future building not as a return on investment with current rents. All tenants including trans shop are on a month to month basis. No long term leases. Call LO for additional info.

Courtesy Of Homesmart Connect LLC
  1. 3.54 Lot

Main Features

  • Listing Status: Active
  • School District: 95
  • School District2: 95
  • School District3: 95
  • School District: Elem:95/Midl:95/High:95
  • County: Lake
  • Taxes: $21,194.94
  • Tax Year: 2017
  • Zoning: COMMR
  • MLS Number:10317610

Additional Features

  • Building on Land:
    • Yes
  • Current Use:
    • Commercial
  • Location:
    • Central Business District
  • Basement Bathroom:
    • No
  • Farm:
    • No
  • Lot Description:
    • 3.0-3.99 Acres
  • Waterfront:
    • No
  • Utilities:
    • Electric to Site
    • Gas to Site
    • Septic-Private
    • Well-Private
  • Road Surface:
    • Asphalt
  • Potential Use:
    • Commercial
    • Office and Research
    • Retail
  • Road Frontage:
    • State Road
  • Zoning Type:
    • COMMR
  • List Type (Exclusive):
    • Exclusive Right To Sell
  • Special Assessments:
    • N
  • Special Conditions:
    • None
  • Miscellaneous:
    • None
  • Owner Agent:
    • No
  • Ownership:
    • Fee Simple
  • Possession:
    • Closing
  • Tax ID:
    • 14344000240000
  • Total Acres:
    • 3.54
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Lisa Koonce/ Paula See
Lisa Koonce/ Paula See
Brokers

request more info.

20270 North Rand Road Palatine, IL 60074

234453520 42.157166 -88.045 129 /listing/234453520-150118348/20270-north-rand-road-palatine-il-60074 False 0 2600000.0 102 10317610 False
  • $2,600,000
  • 3.54 lot
  • Est payment $13957.36/mo