4 months on rocket

2161 N Rand Rd, Palatine, IL, 60074

$650,000

Land

Location

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Property Highlights

Home TypeVacant Land
MLS #12139405
StatusActive

About 2161 N Rand Rd

2 Land Parcels Totalling 33,750 SF With 150 Ft. of Frontage on High Density Rand Road Just South of Lake Cook Road. Currently Used as a Automobile Dealership with a 1,500 SF Office Building and Stand Alone Heated Garage. Excellent Visibility with Traffic Counts Exceeding 30,000 Daily. Utilities to Site. Auto Dealership will Vacate upon Sale.

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Starck Real Estate
  • Office Phone: (815) 459-5900
  • Listing Agent: Jack Minero

Other

Directions Information:

  • Directions: Rand Rd, South of Lake Cook Road on East side of Route 12.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
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Housing Market Comparison

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

Med. Sold Price

$334.5K

Med. Price/SqFt

$216

Avg. Days On Market

23

# of Sold Homes

65

2161 N Rand Rd vs Palatine

133 DAYS ON ROCKET

+110 Days

$650,000

+$315.4K More

KEY TAKEAWAY

This property is $315.4K more than the Median Sold Price in Palatine, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12139405

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Starck Real Estate
  • Office Phone: (815) 459-5900
  • Listing Agent: Jack Minero

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/26/2024, 11:46:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 14, 2017Home Sold
$625,000
Nov 14, 2017Home Sold
$625,000

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-1738571
3
/10
  • Lincoln Elementary School

  • 1021 N Ridgewood Ln

  • 1.39 miles

  • Public District Grades KG-5

school-card-donut-1738572
4
/10
  • Virginia Lake Elementary School

  • 925 N Glenn Dr

  • 1.70 miles

  • Public District Grades KG-5

school-card-donut-1738573
5
/10
  • Jane Addams Elementary School

  • 1020 E Sayles Dr

  • 2.03 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,225. Most Palatine, IL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Palatine, IL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Palatine, IL?

The housing landscape in Palatine is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences and lifestyles. Architectural styles range from classic mid-century designs to contemporary constructions, with a significant portion of homes built in the latter half of the 20th century. The area has a healthy homeownership rate, with a substantial percentage of residents owning their homes, while the remainder of the population resides in rental properties.

Is Palatine, IL a good place to live?

Palatine prides itself on a community-centric atmosphere, where local events and festivals play a pivotal role in bringing residents together. The area is celebrated for its well-maintained parks and recreational facilities, which contribute to the town's family-friendly character. Seasonal events and community gatherings are a testament to the town's vibrant cultural identity and strong sense of togetherness.

Are things conveniently located in Palatine, IL?

Residents of Palatine benefit from a robust selection of essential services. The educational landscape includes a number of public and private schools, offering a range of options for families. Healthcare is well-supported by local clinics and hospitals that provide a variety of services from routine care to specialized treatments. The community also enjoys access to public libraries and a variety of retail and dining options that reflect the local culture. City initiatives are in place to continually improve these services to meet the evolving needs of the population.

What does the transportation in Palatine, IL look like?

Transportation in Palatine features a combination of public transit options and well-connected roadways that facilitate easy commuting and travel within the area. The community is served by a network of buses, with schedules designed to accommodate the needs of residents. While specific ride-sharing statistics are not mentioned, such services are commonly used in the area. The town also emphasizes walkability in certain districts, with ongoing efforts to enhance pedestrian and bicycle infrastructure for a more sustainable and accessible environment.

Frequently Asked Questions About 2161 N Rand Rd

What is the listing price of this property?

The listing price of 2161 N Rand Rd property is $650,000.

What type of property is this?

The property 2161 N Rand Rd is land located in Palatine, Illinois, 60074.

Is this property for sale now?

Active Listing: 2161 N Rand Rd is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on November 14, 2017 for $625,000. (source: MLS/tax record).
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Rocket HomesIllinoisCook CountyPalatine600742161 N Rand Rd

This home is located at 2161 N Rand Rd in Palatine, IL and zip code 60074. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $650,000.

While more than 16 listings in Palatine, IL in November 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 36 were sold below. In November 2024 in Palatine, IL there were 10.6% less homes for sale than in October 2024. In November 2024 median list price was $334,571 and the average listing age was 23 days.

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

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