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Investment/Owner-User Opportunity 1910-1918 N Rand Rd Local commercial 520 m² 100 % Loué À vendre Palatine, IL 60074 988 048 € (1 899,15 €/m²)
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Upcoming energetic area
- Highly trafficked Rand Road
- Income producing property
- Excellent visibility
Résumé analytique
Exceptional investment and owner-user opportunity featuring a fully renovated three-unit retail/restaurant building in one of the area's most vibrant and rapidly evolving commercial districts. The property is home to established tenants Kolatek Baking Company, Ami Manera Mexican Cuisine, and Slaw Burger, while also benefiting from additional income generated by an on-site billboard lease.
Kolatek Baking Company has announced plans to vacate, creating an opportunity for an owner-user to occupy approximately 3,400 SF of turnkey restaurant space. The existing restaurant infrastructure offers a seamless transition for a new operator, with equipment available separately. Alternatively, the seller is open to discussing a short-term leaseback arrangement, providing flexibility for investors seeking continued occupancy and cash flow.
Over the past five years, the entire property has undergone extensive renovations and improvements, including upgrades to all three tenant spaces,
roof improvements, new outdoor seating areas, decorative lighting, planters, updated HVAC systems, water heaters, security cameras, and alarm systems. The result is a modern, energetic destination that has become known locally as "The Place to Be."
Positioned along highly trafficked Rand Road, the property benefits from excellent visibility and exposure. The surrounding area continues to experience significant public and private investment, with the Village actively revitalizing the district through an approved TIF Grant Program that provides funding assistance for interior and façade improvements. The building's eastern-facing orientation offers pleasant morning sunlight and comfortable afternoon shade for outdoor dining and customer enjoyment.
Kolatek Baking Company has announced plans to vacate, creating an opportunity for an owner-user to occupy approximately 3,400 SF of turnkey restaurant space. The existing restaurant infrastructure offers a seamless transition for a new operator, with equipment available separately. Alternatively, the seller is open to discussing a short-term leaseback arrangement, providing flexibility for investors seeking continued occupancy and cash flow.
Over the past five years, the entire property has undergone extensive renovations and improvements, including upgrades to all three tenant spaces,
roof improvements, new outdoor seating areas, decorative lighting, planters, updated HVAC systems, water heaters, security cameras, and alarm systems. The result is a modern, energetic destination that has become known locally as "The Place to Be."
Positioned along highly trafficked Rand Road, the property benefits from excellent visibility and exposure. The surrounding area continues to experience significant public and private investment, with the Village actively revitalizing the district through an approved TIF Grant Program that provides funding assistance for interior and façade improvements. The building's eastern-facing orientation offers pleasant morning sunlight and comfortable afternoon shade for outdoor dining and customer enjoyment.
Informations sur l’immeuble
Type de vente
Investissement ou propriétaire occupant
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
520 m²
Classe d’immeuble
C
Année de construction
1950
Prix
988 048 €
Prix par m²
1 899,15 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,27
Surface du lot
0,19 ha
Zonage
B-2 - General Business District
Stationnement
12 places (23,07 places par 1 000 m² loué)
Façade
27 m sur Rand Rd
Caractéristiques
- Signalisation
Principaux occupants
- Occupant
- Secteur d’activité
- m² Occupés
- Loyer/m²
- Fin du bail
- Ami Manera Mexican Cuisine
- Hébergement et restauration
- 102 m²
- -
- -
- Kolatek's Bakery
- Hébergement et restauration
- 316 m²
- -
- -
- Outfront Media Billboard
- Services de location et de bail
- -
- -
- -
- Slaw Burger
- Hébergement et restauration
- 102 m²
- -
- -
| Occupant | Secteur d’activité | m² Occupés | Loyer/m² | Fin du bail | ||
| Ami Manera Mexican Cuisine | Hébergement et restauration | 102 m² | - | - | ||
| Kolatek's Bakery | Hébergement et restauration | 316 m² | - | - | ||
| Outfront Media Billboard | Services de location et de bail | - | - | - | ||
| Slaw Burger | Hébergement et restauration | 102 m² | - | - |
1 1
Assez praticable à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun très limités
10/100
Plutôt praticable en vélo
50/100
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | 02-02-407-009-0000 | Évaluation des aménagements | 111 145 € |
| Évaluation du terrain | 55 895 € | Évaluation totale | 167 039 € |
Taxes foncières
Numéro de parcelle
02-02-407-009-0000
Évaluation du terrain
55 895 €
Évaluation des aménagements
111 145 €
Évaluation totale
167 039 €
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Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Investment/Owner-User Opportunity | 1910-1918 N Rand Rd
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