2159 N Rand Rd, Palatine, IL 60074 Property Records

Cook County property record for 2159 N Rand Rd, Palatine, IL 60074

Property Summary

Property TypeCommercial Building, Warehouse, Showroom
Details2,160 sqft · built 1990
Lot Size0.544 acres (23,694 sqft)
OwnerCompany Name on File
Last Sale$250,000 (Mar 1997)
Tax Bill$39,607 (2023)
Deeds & MortgagesOct 2021 Mortgage
Dec 2017 Line of Credit
Flood ZoneZone X (minimal risk)
APN02-02-102-019

Property Details

APN / Parcel Number

Primary APN02-02-102-019
Alternative APN
  • 02-02-102-019-0000

Interior

Stories1 Story
Building Area2,160 sqft Gross Area

Exterior

Year BuiltBuilt 1990
Effective Year BuiltEffective 1990
Lot Area23,694 sqft (0.544 acres)

Location & Zoning

Street Address2159 N RAND RD
CityPALATINE
StateIL
Zip60074-1162
Property CategoryCommercial
Property TypeCommercial > Retail > Commercial Building, Warehouse, Showroom
Legal Range10E
Legal Township42N
Legal Section02
JurisdictionCOOK IL
Township / Civil DivisionPALATINE
Census Block Group3
Census Block3003
Census Tract803608

Owner

2159 N Rand Rd, a commercial property, is owned by a company that bought it in March 1997.

Source: Cook County records, as of May 27, 2026

Owner of RecordCompany Name on File
Mailing Address2159 N RAND RD, PALATINE, IL 60074-1162
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Oct 29, 2021Deed of Trust, Mortgage · Commercial Mortgage
CORNERSTONE NATIONAL BANK & TRUST CO
Dec 1, 2017Grant Deed, Transfer · Line of Credit
CORNERSTONE NAT'L BK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 21, 1997 · Amount on File
Deed SaleMar 21, 1997 · Amount on File
Deed Document Number1997724
Prior Transfer DateMar 7, 1997
Prior Transfer Doc0000000724
Record UpdatedOct 29, 2026

October 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCOOK IL
Property Address2159 N RAND RD, PALATINE, IL 60074-1162
Transaction TypeMortgage
Record UpdatedApr 2, 2026
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0030240461
DateOct 29, 2021
Instrument2130240461
Lender
NameCORNERSTONE NATIONAL BANK & TRUST CO
TypeBank
AddressCRYSTAL LAKE, IL 60014
Agreement
TypeCommercial Mortgage
AmountAmount on Record

December 2017: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionCOOK IL
Recording DateDec 1, 2017
Property Address2159 N RAND RD, PALATINE, IL 60074-1162
Document Number1733510005
Instrument DateNov 8, 2017
Instrument33510005
Transaction TypeTransfer
Record UpdatedDec 11, 2017
Title CompanyFIDELITY NATIONAL TITLE

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2159 N RAND RD PALATINE IL 600741162, PALATINE, IL 60074-1162

Mortgage

Document Number1733510006
DateDec 1, 2017
Instrument33510006
Lender
NameCORNERSTONE NAT'L BK
TypeBank
AddressCRYSTAL LAKE, IL 60014
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionPalatine Township
MunicipalityPalatine Village
Elementary School DistrictPalatine Community Consolidated School District 15 (PK - 08)
Secondary School DistrictTownship High School District 211 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$104,501 Land $44,483 Building $60,018$418,004 Land $177,932 Building $240,072
2023$39,607.00 (+3.37%)
2022$38,316.00$133,785 Land $88,965 Building $44,820$535,140 Land $355,860 Building $179,280

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 2159 N Rand Rd in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective February 11, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 2159 N Rand Rd is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 94% of the US · lower than 61% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureIndirect
within ember reach
Adjoins Burnable LandYes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemPALATINE
serves 70,875 people · EPA ID IL0312340
Water SourcePurchased surface water from NORTHWEST WATER COMMISSION
Last State InspectionFeb 2026
Lead9 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 68 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless · Fiber in parts of the area
100 / 20

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