898 S Rand Rd


















Description
- Listed by Paul Proano • Coldwell Banker Commercial NRTP: (312)-860-4043 C: (312)-860-4043 paul@paulproanoproperties.com;paul@paulproanoproperties.com
- Listed by Kaye Sotto Rice • Coldwell Banker RealtyP: (224)-542-0554 C: (224)-542-0554 kaye.sottorice@cbrealty.com;Kaye.sottorice@cbrealty.com
Property Details for 898 South Rand Road
Property Details for 898 South Rand Road
| Status | Active |
|---|---|
| MLS # | 12392996 |
| Days on Market | 212 |
| Taxes | $16,235 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family 5+ / Corridor-Exterior Entrance |
| Year Built | 1950 |
| Lot Size | 1.45 AC / 63,162 SF |
| County | Lake County |
Location
Building Information for 898 South Rand Road
Payment Calculator
$8,271 per month
30 year fixed, 6.28% Interest
$6,918
$1,353
$0
Property Information for 898 South Rand Road
- Outdoor Parking: 13-18 Spaces
- Frontage Type: Frontage Road, Paved
- Information: List Broker Must Accompany
- Association Fee Includes: None
- Additional Parcels: No
- Air Conditioning: Window Unit(s)
- Electric: Separate Meters
- Heat/Ventilation: Gas,Baseboard
- Num of Baths: 9.1
- Water: Community Water
- Utilities: Water Available
- Owners Association: No
- Tenant Pays: Air Conditioning, Electricity
- Built Before 1978: Yes
- Approximate Age: 36-50 Years
- Multi-Family Type: Corridor-Exterior Entrance,Other
- Lot Size Source: Other
- Lot Dimensions: 185x50x59x300x185x306
- Lot Size Square Feet: 63162.0
- Stories: 2
- Construction: Brick, Other, Aluminum Siding
- Roof Type: Composition
- Building Area Total: 6259
- MRD_UNC: No
- Possible Use: Commercial, Retail
- Public Document Count: 0
- Photos Count: 18
- Current Use: Multi-Family
- Land Amenities: Sidewalks,Cable Ready
- Location: Mixed Use Area,High Traffic Area
- Virtual Tour: None
- Virtual Tour YN: No
- Number Of Units Total: 10
- Electric Expense: $3,234.00
- Fuel Expense: $4,909.00
- Gross Income: $99,522.00
- Gross Scheduled Income: $99,522.00
- Insurance Expense: $3,747.00
- Maintenance Expense: $4,788.00
- Electric Expense Source: Actual
- Known Encumbrances: None Known
- Total Annual Expense Source: Broker Projection
- Fuel Expense Source: Actual
- Insurance Expense Source: Actual
- Janitor Expense: 0
- Other Expense Source: Actual
- Repairs-Decor Expense Source: Actual
- Total Monthly Income: 8293
- Water Expense Source: Actual
- Net Operating Income: $52,703.00
- Operating Expense: $46,819.00
- Other Expense: $1,770.00
- Trash Expense: $.00
- Water Sewer Expense: $6,165.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 0
- Unit Type Type: Unit 1
- Unit Type Units Total: 4
- Unit Type Baths Total: 1
- Unit Type Beds Total: 1
- Unit Type Type: Unit 2
- Unit Type Units Total: 4
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Type Type: Unit 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Type: Unit 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Type: Unit 5
- Unit Type Units Total: 0
- Unit Type Beds Total: 0
- Unit Type Type: Unit 6
- Unit Type Units Total: 0
- Unit Type Beds Total: 0
- Unit Type Type: Unit 7
- Unit Type Units Total: 0
Property History for 898 South Rand Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 31, 2025 | Expired MRED #12114223 | $1,400,000 | — |
| Aug 13, 2025 | Listed (Active) MRED #12392996 | $1,400,000 | — |
| Mar 12, 2025 | Price Change MRED #12114223 | $1,350,000 | — |
| Jul 23, 2024 | Listed (Active) MRED #12114223 | $1,500,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/31/2025 | Expired MRED #12114223 | $1,400,000 |
| 08/13/2025 | Listed (Active) MRED #12392996 | $1,400,000 |
| 03/12/2025 | Price Change MRED #12114223 | $1,350,000 |
| 07/23/2024 | Listed (Active) MRED #12114223 | $1,500,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 898 South Rand Road
Schools near 898 South Rand Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Private - | PK to 8 |
Rating | School | Distance |
|---|---|---|
May Whitney Elementary School PublicPK to 5 | ||
Lake Zurich Middle - S Campus Public6 to 8 | ||
Lake Zurich High School Public9 to 12 | ||
St Francis De Sales School PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Coldwell Banker Commercial NRT; Coldwell Banker Realty
Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/12/2025 07:07 AM. All data is obtained from various sources and may not have been 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.


















