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Street View
$1,899,000
Monthly Est:$9,452
-- Bed
- -- Bath
3.54acres lot
20270 N Rand Rd, Palatine, IL
$1,899,000
$9,452/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
3.54 acres lot
$536,441/acre
Description
Developers, come to the front of the class. 3.54 acres in Deer Park currently being used to house a T-Mobile cell tower (earning $8K/month until 21/31/33 - almost 8 years left!); $10K/month from automotive repair companies leasing space in a building on the property (MTM) and approximately $7K/month from MTM contractor vehicle parking. Deer Park wants the parcel eventually developed into residential or mixed use. Location is outstanding. 107 feet of frontage on Rand Road; IDOT vehicle count is 44,900 vehicles/day. In TIF Area #1.
- Houzeo last checked: 5 hours ago
- Listing updated: April 26, 2026 at 9:22 am
- Listing Provided by: David Urbaniak | @properties Commercial (312) 337-0200
- Source: MRED MLS-IL | MLS#: 12605467

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
3.54 acres lot
Basement Area
- sqft
MLS Name
MRED MLS
MLS Number
12605467
MLS Status
Active
Days on Market
204

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Storm Sewer
Utilities & Energy
Parking Features
Dirt Driveway, Gravel
Utilities
Electric To Site, Natural Gas Available, Sewer Connected
Water Source
Municipal Water
Price History
| Date | Event | Price |
|---|---|---|
03/31/2026 Source: | Listed for Sale | $1,899,000 -26.96% $0/sqft |
02/14/2019 Source: | Price Decreased | $2,600,000 -5.45% $0/sqft |
03/21/2017 Source: | Price Increased | $2,750,000 +18.89% $0/sqft |
09/16/2015 Source: | Listing Removed | $2,313,000 $0/sqft |
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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 22, 2026, 03:47PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market. Based on information submitted to the MLS GRID as of Oct 22, 2026, 03:47PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS, Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
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