1910-1918 Rand Road, Palatine, IL 60074

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, A Mi 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.

Whether you are an investor seeking stable income with upside potential or a restaurant operator looking for a prime, move-in-ready location, this property presents a rare opportunity in a thriving and re-energized commercial corridor.