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$ 2,999,000
Est. payment /mo
Active
280 N Randall RD Lake In The Hills, IL 60156
6,584 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 6,584 sqft
Price per Sqft $455
MLS Listing ID 12708340
Year Built 2005
Tax Year 2024
Lot Size 1.230 Acres
Lot Dimensions 172' FRONTAGE
Property Sub-Type Retail/Stores
Property Description
A rare opportunity to acquire a fully occupied, two-tenant NNN retail asset on Randall Road - one of the top-performing retail corridors in Illinois and the broader Midwest. The property is shadow-anchored by Lowe's and Costco and surrounded by dozens of national retailers that drive steady regional traffic to its doorstep. Both tenants are national, e-commerce-resistant operators who have called this location home for over 15 years. Athletico - which ranks among the top of its clinics nationwide - recently extended its corporate-guaranteed lease through 2031, a strong vote of confidence in the site's long-term performance. With NNN leases in place, embedded rental growth, and a McHenry County tax environment that's notably more favorable than neighboring Cook County, this is a genuinely passive, management-light investment with durable cash flow. Download the Offering Memorandum for full financials, rent roll, and lease details.
Location
State IL
County Mchenry
Area Lake In The Hills
Zoning COMMR
Interior
Cooling Central Individual
Fireplace N
Building
Dwelling Type Retail/Stores
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Listed by Dominick Cannata of Brookline Real Estate LLC