2500 N Randall Road, Elgin, IL 60124
Kane County
Key Facts
Description
Fully leased, four-tenant retail center anchored by Chipotle with a drive-thru, offering a strong, stable investment opportunity in a high-demand Chicago suburban corridor. The property features long-term leases with built-in rental increases, delivering reliable cash flow and future income growth. Strategically positioned at a signalized hard corner just off I-90, the center benefits from excellent visibility and combined traffic counts exceeding 150,000 vehicles per day. The surrounding area is densely populated, with over 115,000 residents and average household incomes exceeding $155,000 within a one-mile radius. Located in a rapidly growing trade area with a strong daytime population, this asset presents a compelling opportunity for investors seeking a low-management, income-producing retail property in a premier location.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
2019
Stories
1
Living Area
7,896 sq ft
Lot Dimensions
0
Days on Market
7
MLS® Listing#
12639170
Property Features
Cooling
Financial Details
HOA
Yes
Annual Taxes
$74,940
Tax year 2025
Parcel Number
0330227057
Directions
2500 Randall Rd is just off Randall Road in Elgin-head north or south on Randall, then turn into the plaza near the major retail corridor by I-90.
Affordability Calculator
$887,000
Estimated monthly payment
$23,605/mo
Principal $3,548,000 · Est. interest $4,949,776 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Elgin, IL
- $401,786
- Median Listing Price
- 28
- Median Days on Market
- 2,079
- Median Sq Ft
- $210
- Median Price / Sq Ft
- 159
- Active Listings
- This home’s price is 1004% above the area median.
- Its price per sq ft is 167% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Elgin, IL.
Location
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Points of Interest in Elgin, IL
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EXIT Agents in Elgin
Listing Courtesy: Premier Commercial Realty - 8478542300
Last Updated: 2026-05-05