704 E Rand Rd, Arlington Heights, IL 60004 Property Records

Cook County property record for 704 E Rand Rd, Arlington Heights, IL 60004

Property Summary

Property Type	Commercial Building, Warehouse, Showroom
Details	17,174 sqft · built 1990
Owner	Company Name on Record
Last Sale	$4,600,000 (Jun 2023)
Tax Bill	$187,786 (2023)
Deeds & Mortgages	Jul 2023 Transfer Jun 2023 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`03-20-200-016`

Property Details

APN / Parcel Number

Primary APN	`03-20-200-016`
Alternative APNs	`03-20-200-016-0000` `03202000100000`

Interior

Building Area	17,174 sqft Gross Area

Exterior

Year Built	Built 1990
Effective Year Built	Effective 1990

Location & Zoning

Street Address	704 E RAND RD
City	ARLINGTON HEIGHTS
State	IL
Zip	60004-4006
Property Category	Commercial
Property Type	Commercial > Retail > Commercial Building, Warehouse, Showroom
Jurisdiction	COOK IL
Township / Civil Division	WHEELING
Census Block Group	1
Census Block	1003
Census Tract	802900

Owner

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

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

Owner of Record	Company Name on Record
Mailing Address	55 W MONROE ST, 3330, CHICAGO, IL 60603-5094
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Jul 10, 2023	Correction Deed E-CHICAGO TITLE, CHICAGO TITLE
Jun 1, 2023	Special Warranty Deed, Transfer · Commercial Mortgage FIRST TRUST BANK
Jun 16, 2017	Grant Deed, Transfer · Line of Credit SCHAUMBURG BK&TR CO NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 1, 2023 · Amount on Record
Deed Sale	Jun 1, 2023 · Amount on Record
Prior Sale	Jun 16, 2017 · Amount on Record
Deed Document Number	202328084
Record Updated	Oct 29, 2026

July 2023: Correction Deed

Document Type	Correction Deed
Jurisdiction	COOK IL
Recording Date	Jul 10, 2023
Property Address	704 E RAND RD, ARLINGTON HEIGHTS, IL 60004-4006
Document Number	0019110097
Map Reference	DOC 1300904
Instrument Date	Jul 10, 2023
Instrument	2319110097
Record Updated	Jul 24, 2023
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

June 2023: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	COOK IL
Recording Date	Jun 1, 2023
Property Address	704 E RAND RD, ARLINGTON HEIGHTS, IL 60004-4006
Document Number	0015228084
Map Reference	DOC 1706929022
Instrument Date	May 31, 2023
Instrument	2315228084
Transaction Type	Transfer
Record Updated	Jun 12, 2023
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$4,600.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	27 N GREEN ST, CHICAGO, IL 60607-2605

Mortgage

Document Number	0015228085
Date	Jun 1, 2023
Instrument	2315228085

Lender

Name	FIRST TRUST BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

June 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	COOK IL
Recording Date	Jun 16, 2017
Property Address	704 E RAND RD, ARLINGTON HEIGHTS, IL 60004-4006
Document Number	1716716019
Instrument Date	Jun 15, 2017
Instrument	16716019
Transaction Type	Transfer
Record Updated	Apr 9, 2020
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE INS CO

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$4,175.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1901 N ROSELLE RD #650 SCHAUMBURG IL 601953184, 650, SCHAUMBURG, IL 60195-3184

Mortgage

Document Number	1716716020
Date	Jun 16, 2017
Instrument	16716020

Lender

Name	SCHAUMBURG BK&TR CO NA
Type	Bank
Address	1145 N ARLINGTON HEIGHTS RD, ITASCA, IL 60143-3171

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Illinois
Municipality	Arlington Heights Village
County	Cook County
County Subdivision	Wheeling Township
Elementary School District	Arlington Heights School District 25 (PK - 08)
Secondary School District	Township High School District 214 (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$766,500 (+11.74%) Land $342,229 Building $424,271	$3,066,000 (+11.74%) Land $1,368,916 Building $1,697,084
2023	$187,786.00 (+3.83%)
2022	$180,857.00 (-22.1%)	$685,952 (-11.06%) Land $342,228 Building $343,724	$2,743,808 (-11.06%) Land $1,368,912 Building $1,374,896
2021	$232,154.00	$771,225 Land $342,228 Building $428,997	$3,084,900 Land $1,368,912 Building $1,715,988

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

Source: FEMA National Flood Hazard Layer, effective February 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force
Nearby Flood Claims	1 (2013)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Apr 2013 · Severe Storms, Straight-line Winds, And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

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

Wildfire Risk	Not rated no burnable land within ember reach

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 System	ARLINGTON HEIGHTS serves 73,320 people · EPA ID IL0314030
Water Source	Purchased surface water from several systems
Last State Inspection	Apr 2024
Lead	8 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	24 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 413 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Astound Broadband Cable	1,500 / 50
T-Mobile Fixed Wireless	100 / 20
AT&T DSL	100 / 20

May also be available: Verizon.

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