$2,000,000
SOLD JAN 16, 2025

20338 N Rand Rd Deer Park, IL 60074

6 Acres
$333,333 Price per Acre
261,360 Sq Ft Lot

Recently Sold

43% Below List Price

251 Days on Market

About This Lot

As of January 2025

6 Acres of prime real estate to be developed on Rand Road, located in the heart of the Deer Park Retail corridor. 300' of frontage along Rand Road. (3) separate lots with separate PINs included in sale. Bring your plans and develop one of the last undeveloped lots with acreage in highly desirable Deer Park. Palatine public Water, Sewer and electric at the street, ready to be tied into. Great opportunity. Additional lots included: 20346 N. RAND ROAD - PIN#14-34-400-017 20350 N. RAND ROAD - PIN# 14-34-400-016

Last Agent to Sell the Property

Sean Dailey

HomeSmart Connect License #471021027 Listed on: 08/22/2022

HomeSmart Connect

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $34,000

Lot Details

  • 6 Acre Lot
  • Lot Dimensions are 300x1100x452.91x738.09
  • Property fronts a state road
  • Additional Parcels
  • Property is zoned COMMR

Outdoor Features

  • Electricity Available at Street

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$34,000

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Legal Non Conforming, Liquor License, Office and Research, Development, Residential, Multi-Family, Retail, Special Use, Other
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: State Road
  • List Price: 3500000
  • Waterfront: No

Utilities

  • Utilities: Electric Nearby, Electric to Site, Gas Nearby, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water-Municipal, Water to Site

Schools

  • Middle/Junior School District: 95

Lot Info

  • Additional Parcels Description: 14344000170000,14344000160000
  • Additional Parcels: Yes
  • Lot Size Acres: 6
  • Lot Dimensions: 300X1100X452.91X738.09
  • Zoning: COMMR
  • Lot Size: 6.0-7.99 Acres
  • Special Assessments: N
  • Land Description: Cleared,Level
  • Total Listed Lots Avail: 3

Rental Info

  • Board Number: 2
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 34000
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2025
Sold by
Deer Park Storage Property Llc
Bought by
Deer Park Retail Property Llc
Current Estimated Value
$1,003,334

Purchase Details

Listed on
Aug 22, 2022
Closed on
Jan 16, 2025
Sold by
Nick J Giannini J and Nick Dolores D
Bought by
Deer Park Storage Property and Deer Park Retail Property Llc
Seller's Agent
Sean Dailey
HomeSmart Connect
Buyer's Agent
Non Member
NON MEMBER
List Price
$3,500,000
Sold Price
$2,000,000
Premium/Discount to List
-$1,500,000
-42.86%
Views
6

Purchase Details

Closed on
Dec 5, 2019
Sold by
Chicago Title Land Trust Company
Bought by
Giannini Nick J and Giannini Dolores D
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Deed $2,000,000 Chicago Title
Deed -- Chicago Title Land Trust Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Sold $2,000,000 0.0% --
08/26/2023 08/26/23 Off Market $2,000,000 -- --
05/01/2023 05/01/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $3,500,000 +75.0% --
02/16/2023 02/16/23 Off Market $2,000,000 -- --
02/02/2023 02/02/23 Price Changed $3,500,000 -12.5% --
01/26/2023 01/26/23 Price Changed $4,000,000 -38.5% --
08/22/2022 08/22/22 For Sale $6,500,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,275 $169,171 $169,171 --
2023 $14,931 $159,060 $159,060 --
2022 $14,931 $205,341 $205,341 $0
2021 $14,453 $200,079 $200,079 $0
2020 $14,175 $200,079 $200,079 $0
2019 $13,946 $198,334 $198,334 $0
2018 $13,493 $195,588 $195,588 $0
2017 $13,432 $193,231 $193,231 $0
2016 $13,286 $187,112 $187,112 $0
2015 $12,979 $178,219 $178,219 $0
2014 $13,609 $181,098 $181,098 $0
2012 $13,033 $181,479 $181,479 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11610841

Midwest Real Estate Data (MRED)

APN: 14-34-400-018