864 Rand RdDes Plaines, IL 60016

This fee-simple retail storefront property, located at 864-866 Rand Road in Des Plaines, Illinois, presents a compelling redevelopment opportunity. The 1,700 square foot building sits on a 0.62-acre lot (27,057 square feet) and is currently occupied month-to-month. The property boasts excellent visibility and frontage on Rand Road (US Route 12), a major commercial corridor, at a signalized intersection with N 3rd Avenue. Its C-3 General Commercial zoning allows for diverse uses. The location offers convenient access to Golf Road (IL Route 58), E Northwest Highway (US Route 14), and the Cumberland Metra Station, all within a mile. Major highways (Interstates 294, 90, and 290) are easily accessible, as are Pace Bus routes 208, 221, and 234. The area is densely populated, with over 129,700 people within a 3-mile radius and an average household income exceeding $117,471. Within a 5-mile radius, this figure increases to over 308,900 people with an average household income of over $137,662. Nearby amenities include a mixed-use lifestyle center (Metropolitan Square), a Shop & Save grocery store, and numerous national retailers such as Walmart, Menard's, Mariano's, and more. Daily traffic on Rand Road exceeds 30,600 vehicles. This property is ideal for owner-occupancy, leasing as an investment, or significant redevelopment. The asking price is $795,000, with a land value of $29.38 per square foot. The building was constructed in 1935.