20420 North Rand Road

Palatine, IL 60074

$2,500,000
Price
84,506 / 1.94
Lot Size / Acres

Description

Prime development opportunity on Deer Park's Rand Road corridor in Chicago's Northwest Suburbs. 1.94 AC with 100 feet of Rand Road frontage. Zoned PUD. Combine with adjacent lot(s) for development expansion. Located just south of upscale Deer Park Towne Lifestyle Center with its multitude of retailers and restaurants. Recently approved annexation to Deer Park, with TIF District creation, making this opportunity more enticing to new developers. There is a non-operational tavern on the property (John's...Prime development opportunity on Deer Park's Rand Road corridor in Chicago's Northwest Suburbs. 1.94 AC with 100 feet of Rand Road frontage. Zoned PUD. Combine with adjacent lot(s) for development expansion. Located just south of upscale Deer Park Towne Lifestyle Center with its multitude of retailers and restaurants. Recently approved annexation to Deer Park, with TIF District creation, making this opportunity more enticing to new developers. There is a non-operational tavern on the property (John's Pub). The value is strictly in the land. Recent land survey is available under Additional Information.
  1. Listed by Laura Levenson • APEX Properties
  2. Listed by Carolyn Michals • Michals Realty, Inc

Property Details for 20420 North Rand Road

Area
Barrington Area
Township
Ela
Ownership
Fee Simple
Num Of Cars
0.0
Zoning
PUD

Location

Listing Courtesy of APEX Properties; Michals Realty, Inc
Add your commute
LISTING UPDATED: 09/13/2023 11:29 AM

Property Details for 20420 North Rand Road

StatusActive
MLS #11369978
Days on Market1041
Taxes$13,772 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size1.94 AC
CountyLake County

Location

Listing Courtesy of APEX Properties; Michals Realty, Inc
Add your commute

Building Information for 20420 North Rand Road

Lot Size1.94 AC

Payment Calculator

$14,791 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$1,148

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 20420 North Rand Road

General Information
School Information
  • Elementary School District: 95
  • High School District: 95
  • Middle Or Junior School District: 95
Location and General Information
  • Frontage Length: 100
  • Frontage Type: Public Road, US Highway
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Septic-Private, Water Nearby, Well Private
Property/Lot Information
  • Lot Size: 1.0-1.99 Acres
  • Lot Dimensions: 100 X 850
  • Approx Land Sq Footage: 84070
  • Buildings on Land: Yes
  • Waterfront: No
  • General Information: None
  • North Coordinate: 34
  • West Coordinate: 20
Property and Assessments
  • Possible Use: Development
  • Public Document Count: 0
  • Photos Count: 6
Miscellaneous
  • Current Use: Commercial
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 20420 North Rand Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 20420 North Rand Road

This home is within Lake Zurich Community Unit School District 95.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Isaac Fox Elementary School
PublicK to 5

Lake Zurich Middle - S Campus
Public6 to 8

Lake Zurich High School
Public9 to 12

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

20420 North Rand Road is a 1.94 ac of land for sale in Palatine, IL 60074. This property was listed for sale on April 8, 2022 by APEX Properties, it's currently listed at $2,500,000. This listing's school district is Lake Zurich Community Unit School District 95. Nearby schools include Isaac Fox Elementary School, Lake Zurich Middle - S Campus and Lake Zurich High School. 20420 North Rand Road is a 0-bed, 0-bath, 1.94 ac of land on a 84,506 sq. ft. / 1.94 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of APEX Properties; Michals Realty, Inc

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. Based on information submitted to the MLS GRID as of 09/13/2023 11:29 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.