For Sale
$1,999,000

1521-1529 Rand Ave Des Plaines, IL 60016

Prime Retail Space, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional retail property, located at 1521-1529 Rand Avenue in Des Plaines, Illinois (zip code 60016), presents a unique investment opportunity. The newly constructed building boasts 3,500 square feet of space situated on a generous 27,000-square-foot lot. Its prime location at the major traffic light intersection of Rand Road and River Road ensures tremendous visibility and exposure for any business. The building features floor-to-ceiling windows, high ceilings, and epoxy floors, along with a loading overhead garage door. Ample parking is available with over 40 spaces, providing convenient access for customers and employees. Currently configured as an EV car dealership, this versatile space is suitable for a variety of retail uses. The property is surrounded by other retailers, including Dunkin' Donuts, and enjoys easy access to major interstates. The asking price is $1,999,000. The property is currently vacant and offered as a NNN lease at $10,000 per month (plus insurance and real estate taxes). The 2023 annual real estate tax was approximately $30,000. This corner lot offers multiple points of access and exceptional visibility.

Highlights

  • High-visibility corner lot at Rand Rd. and River Rd. intersection.
  • 27,000 SF lot with a 3,500 SF newly constructed building.
  • Excellent visibility and exposure.
  • Multi-use building with ample parking.
  • High ceilings and floor-to-ceiling windows.
  • Currently an EV dealership, suitable for various uses.

Property Details for 1521-1529 Rand Ave

Property type
Retail properties
Square Feet
3,500 SF

Location Insight

City
Des Plaines
County
Cook
State
Illinois
Latitude
42.0477254
Longitude
-87.8862186

FAQs

What type of property is this?
Retail property - Prime Retail Space, High Visibility
Where is the retail property located?
The property is located at 1521-1529 Rand Ave Des Plaines, IL.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: High-visibility corner lot at Rand Rd. and River Rd. intersection.; 27,000 SF lot with a 3,500 SF newly constructed building.; Excellent visibility and exposure.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1521-1529 Rand Ave
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