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$900,000
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Property Description
Prime location for a national tenant situated on the bustling Rand Rd. This Class B standalone restaurant building is fully turnkey, complete with all equipment and ready for operation. It boasts seating for approximately 210-220 guests, including a bar area and an outdoor gazebo/patio with space for 30-plus additional guests. The property offers excellent visibility and street presence, featuring multiple entry and exit points. The building spans around 6,700 sq. ft. and sits on nearly an acre of land. It's surrounded by various retail establishments and enjoys close proximity to neighboring towns like Glenview, Niles, Elk Grove, Mount Prospect, Rolling Meadows, and Arlington Heights. Additionally, it's just minutes away from O'Hare Airport and major highways and interstates. The property comprises three separate PINs, and the reported taxes cover all three. C-3 zoning gives this building flexibility to convert the building to many uses such as a dispensary or medical use center.
Full Property Details
Full Property Details for 1440 Rand Rd
General
- Sold For: $900,000
- Taxes: $46,924 (2021)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11911443
- Added to Site: 895 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored
Location
- Area: Des Plaines
- County: Cook
- Driving Directions: South Of Golf Rd, South East on Rand. Just off the corner of Rand and River Rd.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 1
- Square Feet: 6,800
- Year Built: 1986
Lot Features
- Lot Size (Sq. Ft.): 30,000
- Lot Dimensions: 150 x 200
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm Monitored
- Assessment Year: 1986
- Tax Amount: $46,924.5
- Tax Year: 2021
Disclosures and Reports
- Property ID: 9172000120000
Listed by First Western Properties
Sold by Cambridge Realty & Brokerage LLC
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Schools
Schools serving 1440 Rand Rd
School Districts:Des Plaines Community Consolidated School District 62, Maine Township High School District 207
| Name | Grades | Distance |
|---|---|---|
North Elementary School, Des Plaines, IL 1789 Rand Road, Des Plaines, IL 60016 | K-5 | 0.5 mi |
Chippewa Middle School, Des Plaines, IL 123 North 8th Avenue, Des Plaines, IL 60016 | 6-8 | 1.1 mi |
Maine West High School 1755 South Wolf Road, Des Plaines, IL 60018 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1440 Rand Rd
Date
Details
Price
Change
Source
8/07/2024
Sold
$900,000
-25%
MLS
10/18/2023
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1440 Rand Road, Des Plaines, IL 60016 (MLS# 11911443) is a Commercial property that was sold at $900,000 on August 07, 2024. Want to learn more about 1440 Rand Road? Do you have questions about finding other Commercial real estate for sale in Des Plaines? You can browse all Des Plaines real estate or contact a Coldwell Banker agent to request more information.

