2 years on rocket

20420 N Rand Rd, Deer Park, IL, 60074

$2,500,000

1.94 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #11369978
Lot Size1.94 Acres
StatusActive

About 20420 N Rand Rd

Prime development opportunity on Deer Park's Rand Road corridor in Chicago's Northwest Suburbs. 1.91 AC with 100 feet of Rand Road frontage. Zoned PUD. Combine with adjacent lot(s) for development expansion. Located just south of upscale Deer Park Towne Lifestyle Center with its multitude of retailers and restaurants. Recently approved annexation to Deer Park, with TIF District creation, making this opportunity more enticing to new developers. There is a non-operational tavern on the property (John's Pub). The value is strictly in the land.

Property Details

Property Features

Listing Office:

  • Office Name: APEX Properties
  • Office Phone: (847) 526-3447
  • Listing Agent: Laura Levenson

Lot Features

Lot Information:

  • Lot Size: 1.94 Acres

Other

Directions Information:

  • Directions: N Rand Rd., Just south of Deer Park Rd. (West Side of Street)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
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Housing Market Comparison

See how this home compares to others in Kildeer, IL.

Med. Sold Price

$780K

Med. Price/SqFt

$241

Avg. Days On Market

13

# of Sold Homes

3

20420 N Rand Rd vs Kildeer

953 DAYS ON ROCKET

+940 Days

$2,500,000

+$1.7M More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price in Kildeer, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11369978

Listing Office:

  • Office Name: APEX Properties
  • Office Phone: (847) 526-3447
  • Listing Agent: Laura Levenson

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Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-343692
8
/10
  • Isaac Fox Elementary School

  • 395 W Cuba Rd

  • 2.03 miles

  • Public District Grades KG-5

school-card-donut-343693
3
/10
  • Lincoln Elementary School

  • 1021 N Ridgewood Ln

  • 2.09 miles

  • Public District Grades KG-5

school-card-donut-343694
8
/10
  • Sarah Adams Elementary School

  • 555 Old Mill Grove Rd

  • 2.41 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $160,494. Residents of Kildeer, IL typically earn between $100k-200k each year. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20420 N Rand Rd

What is the listing price of this property?

The listing price of 20420 N Rand Rd property is $2,500,000.

What type of property is this?

The property 20420 N Rand Rd is land located in Deer Park, Illinois, 60074.

Is this property for sale now?

Active Listing: 20420 N Rand Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 20420 N Rand Rd is 1.94 acres.
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Rocket HomesIllinoisLake CountyKildeer6007420420 N Rand Rd

This home is located at 20420 N Rand Rd in Deer Park, IL and zip code 60074. This home sits on a 1.94 acre lot. It has been listed on Rocket Homes since April 08, 2022 and is currently priced at $2,500,000.

In October 2024 more than 2 listings in Kildeer, IL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The number of homes for sale in Kildeer, IL increased by 20.8% between September 2024 and October 2024. In October 2024 median list price was $780,000 and the average listing age was 13 days.

From Rocket Homes Real Estate and based on county public records data.

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