Prime 3.54 Acre Development Opportunity With Income Potential
Updated: September 8
MLS#12605467
About the Property
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 residenti
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.
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Property type
Land
Features
Parking
Explore the Area
20270 Rand Road Deer Park IL 60067, Palatine, Illinois, United States
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Last updated
September 8
First listed
April 10
Listing reference
58c2fc71-2dbb-11f1-b7af-6045bdd61ac4
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