Developers, come to the front of the class. 3.54 acres in Deer Park currently being used to house a T-Mobile cell tower (earning $8K/month until 21/31/33 - almost 8 years left!); $10K/month from automotive repair companies leasing space in a building on the property (MTM) and approximately $7K/month from MTM contractor vehicle parking. Deer Park wants the parcel eventually developed into residential or mixed use. Location is outstanding. 107 feet of frontage on Rand Road; IDOT vehicle count is 44,900 vehicles/day. In TIF Area #1.
Active
$1,899,000
20270 N Rand Rd, Palatine, IL 60074
--beds
--baths
3.54Acres
Unimproved Land
Built in ----
3.54 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 125 days |
- 44 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
David Urbaniak 312-337-0200,
@properties Commercial
Source: MRED as distributed by MLS GRID,MLS#: 12605467
Facts & features
Property
Parking
- Parking features: Dirt Driveway, Gravel
- Has uncovered spaces: Yes
Features
- Frontage length: 107
Lot
- Size: 3.54 Acres
- Dimensions: 107x893x235x955
Details
- Parcel number: 14344000240000
- Special conditions: None
Utilities & green energy
- Sewer: Storm Sewer
- Water: Municipal Water
- Utilities for property: Electric to Site, Natural Gas Available, Sewer Connected
Community & HOA
Location
- Region: Palatine
Financial & listing details
- Annual tax amount: $26,081
- Date on market: 3/31/2026
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Listed for sale | $1,899,000-36.5% |
Source:  MRED as distributed by MLS GRID #12605467 Report a problem | ||
| 4/6/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11433291 Report a problem | ||
| 8/31/2023 | Price change | $2,990,000+11.2% |
Source: MRED as distributed by MLS GRID #11433291 Report a problem | ||
| 6/13/2022 | Listed for sale | $2,690,000 |
Source: MRED as distributed by MLS GRID #11433291 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 60074
Nearby schools
GreatSchools rating
- 9/10Isaac Fox Elementary SchoolGrades: K-5Distance: 2.3 mi
- 9/10Lake Zurich Middle - S CampusGrades: 6-8Distance: 2.4 mi
- 8/10Lake Zurich High SchoolGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- District: 95
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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