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2335 E Rand Rd

1.96 Acres of Commercial Land Offered at $1,250,000 in Arlington Heights, IL 60004

INVESTMENT HIGHLIGHTS

  • 1.96 Acres Vacant Land For Sale
  • Site extends from Phelps Ave on the west to Waterman Ave on the East.
  • Asking Sale Price $1,250,000
  • Heavy Traffic Counts on busy Rand Rd (Over 28,000 per day)
  • Two corners having 496 feet of frontage on Rand Road.

EXECUTIVE SUMMARY

• 1.96 Acres Vacant Land For Sale
• Excellent retail location along heavily travelled Rand Road.
• Site extends from Phelps Ave on the west to Waterman Ave on the East.
• Two corners having 496 feet of frontage on Rand Road.
• 85,384 square feet total land area.
• Asking Sale Price $1,250,000

PROPERTY FACTS

Price $1,250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Medical
Total Lot Size 1.96 AC

1 LOT AVAILABLE

Lot

Price $1,250,000
Price Per AC $637,755.10
Lot Size 1.96 AC

• 1.96 Acres Vacant Land For Sale • Excellent retail location along heavily travelled Rand Road. • Site extends from Phelps Ave on the west to Waterman Ave on the East. • Two corners having 496 feet of frontage on Rand Road. • 85,384 square feet

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 03-21-308-007-0000
  • 03-21-308-002-0000
  • 03-21-308-001-0000
  • 03-21-308-006-0000
Land Assessment
$48,002
Improvements Assessment
$0
Total Assessment
$48,002

ZONING

Zoning Code R-3 (Low-density residential development)
R-3 (Low-density residential development)
  • Listing ID: 33829693

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 2335 E Rand Rd, Arlington Heights, IL 60004

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