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$ 4,435,000
Est. payment /mo
Active
2500 N Randall RD Elgin, IL 60124
7,896 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 7,896 sqft
Price per Sqft $561
MLS Listing ID 12639170
Year Built 2019
Annual Tax Amount $74,940
Tax Year 2025
Property Sub-Type Retail/Stores
Property 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.
Location
State IL
County Kane
Area Elgin
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
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Listed by Michael Deacon of Premier Commercial Realty