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.
New
$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
- 1 day |
- 21 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: March 31, 2026 at 10:36am
Listing courtesy of:
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
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
Public tax history
Tax history is unavailable.Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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
- 10/10Lake 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.
Local experts in 60074
- Illinois
- Lake County
- Deer Park
- 60074
- 20270 N Rand Rd
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