1960 Rand RdPalatine, IL 60074

Property Details for 1960 Rand Rd

Year built

2008

Lot size

1.26 AC

Property size (Sq ft)

5,850 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional restaurant property at 1960 N Rand Rd, Palatine, IL 60074, presents a lucrative investment opportunity. Boasting 5,850 square feet, this single-tenant building sits on a sizable 1.26-acre lot and was constructed in 2008. The property enjoys a highly visible corner location, benefiting from over 32,000 vehicles passing daily, ensuring significant exposure. Ample parking is provided with 75 spaces available. The building is in good condition and includes valuable existing restaurant equipment, streamlining a potential relaunch or continued operation. The layout is well-suited for restaurant use, featuring multiple walk-in coolers and multiple hoods with ventilation systems already in place. Two convenient curb cuts and a pre-existing drive-through lane further enhance operational efficiency and customer convenience. The asking price is $1,199,000. This turnkey restaurant property offers a rare chance to acquire a well-established location with significant potential for immediate return. The property's size, location, and existing infrastructure make it an ideal acquisition for experienced restaurateurs or investors seeking a strong foothold in a thriving market.

Location Insight

City

Palatine

County

Cook

State

Illinois

Latitude

42.1449

Longitude

-88.0285

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