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Listing provided courtesy of NowEquity Real EstateMREDas Distributed by MLSGrid- MLS# 12140978MLS Provider

1628-30 Rand RoadDes Plaines, IL 60016

Commercial · 15,336 Sq. ft. | 1.00 Acres
$1,917,000 Active

1628-30 Rand Road Overview

Time on Site:
673 days
Visits:
2

Great opportunity for 2 businesses. Property has 2 addresses under one pin. 15336 sq. ft. total industrial warehouse with a huge showroom facing the main street. Lot totaling 1 acre. Zoned C-3. 300 ft. frontage on high profile corner. 32,000 average daily traffic count. The building was renovated in 2024. Excellent condition. Newer commercial huge windows and doors.14-foot ceiling height with three overhead doors. There is a new roof and skylights, and new epoxy flooring, new HVAC unit. Minutes to O'Hare and easy access to I-294. It is located at the heart of the intersection of Des Plaines, Rand, and River Rd. The building is subdivided into two potential businesses or combined as one. The 2 current tenants are Trade Contractor use, and the used car dealership, Tenants need 3 months' notice to move out.

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1628-30 Rand Road Facts & Features

  • Type Commercial
  • Sq. ft. 15,336
  • Price/Sq.ft. $125
  • Lot 1.00 Acres

Details

General

Green Features

  • Green Building Verification Type: Other

Income/Expenses

  • Existing Lease Type: N/A
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 37700

Building Information

  • Year Built: 1950

Business Information

  • Business Type: Transportation
  • Current Use: Commercial,Industrial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Des Plaines

Rent/Lease Information

  • Tenant Pays: Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs

Tax Information

  • Tax Annual Amount: $83,051.30
  • Tax Year: 2023

General Information

  • Parcel Number: 09161040220000
  • Possible Use: Commercial,Industrial
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 15336

General Information

  • Cooling: Central Air, Zoned
  • Electric: Service - 201 to 600 Amps
  • Flooring: Concrete, Marble, Tile, Sealed
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 15336

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street,County Road
  • Lot Size Acres: 1
  • Lot Size Dimensions: 305X213X190X55X51X158
  • Lot Size Square Feet: 41272

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Rubber

General Information

  • Number Of Units Total: 2

1628-30 Rand Road Neighborhood

Community

60016 (Des Plaines) Demographics

42
Median Age
5,565
Population Density (per sq. mile)
50%
College Educated
$67,404
Estimated Median Income
15,812
Estimated Total Home Owners
7,538
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1628-30 Rand Road Monthly Cost

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$ %
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$
$
Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1628-30 Rand Road Market Data

Based on the last 30 days in this zip code

$377,707
Average List Price
$283
Average Price per Square Foot
67
Properties Sold
47
Average Days on Market
186
Properties for Sale
Calculations provided by Reliance Network

1628-30 Rand Road History

Date Event Value Agent
3/18/2025Source: MRED Status Change
Active
3/13/2025Source: MRED Price Reduction
$1,917,000 -3.8%
3/13/2025Source: MRED Status Change
Price Change
10/12/2024Source: MRED Status Change
Active
10/7/2024Source: MRED Price Reduction
$1,992,900 -4.6%
10/7/2024Source: MRED Status Change
Price Change
8/31/2024Source: MRED Status Change
Active
8/26/2024Source: MRED Added to Database
August 26, 2024