1850-58 Rand Rd Palatine, IL 60074

This exceptional 5-unit retail shopping center, totaling 5,200 square feet, enjoys a highly desirable location on North Rand Road in Palatine, Illinois. Its prime position ensures high visibility and significant traffic flow, making it an ideal investment opportunity. Currently, three of the five units are occupied by long-term tenants, providing a stable income stream. The two centrally located vacant units offer considerable flexibility. They can be leased separately to suit individual businesses or combined to create a larger space for a single tenant. Potential uses are diverse and include, but are not limited to, hair salons, medical suites, office spaces, or even a grocery store. The property features ample parking for customers and tenants, along with prominent signage on Rand Road for maximum exposure. Each tenant is responsible for their own utilities, simplifying management and maximizing rental income. This property presents a rare chance to acquire a well-situated retail center with strong existing tenancy and significant upside potential. The combination of high visibility, convenient location, and adaptable space makes this an exceptional investment opportunity in a thriving Palatine market.