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    2310 S Randall Rd Algonquin, IL 60102

    For Lease
    Contact for pricing

    1.01 acre retail lot in high-traffic Algonquin location.

    Property size:
    43,995 SF
    Lot size:
    43.00 Acres

    Property Features for 2310 S Randall Rd

    General Information

    Size
    43,995 SF
    Lot size
    43.00 Acres

    Source: Joel Miller, CCIM Agent Joel Miller, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Algonquin Retail Land for Lease

    This fully improved 1.01-acre lot is available for lease at the signaled intersection of Randall Road and Corporate Boulevard in Algonquin, Illinois. The property benefits from its location across from Algonquin Commons and a new 70-acre mixed-use development that includes Portillos, Coopers Hawk Winery, Raising Cane's, and Chipotle. With over 260 feet of frontage on Randall Road, the property offers excellent visibility. Situated at the southwest corner of Randall Road and Corporate Parkway, the site is at the epicenter of a 2,000,000 square foot retail market serving Algonquin and surrounding suburbs. The location is approximately 40 miles northwest of Chicago, with convenient access to the Northwest Suburbs via Randall Road, County Line Road, and Algonquin Road. The property is a signaled hard corner of Randall Road and Commerce Drive, shadow-anchored by Hobby Lobby. Traffic counts on Randall Road are 33,900 vehicles per day. The location is ideal for retail, full-service restaurant, and medical uses. The area features upscale demographics with average incomes over $150,000.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Algonquin
    County
    McHenry
    State
    Illinois
    Longitude
    -88.3219
    Latitude
    42.1714

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    FAQs

    What type of property is this?
    Land - 1.01 acre retail lot in high-traffic Algonquin location.
    Where is this land located?
    The property is located at 2310 S Randall Rd Algonquin, IL.
    What are key features of this property?
    This property features: - Prime location at the signaled intersection of Randall Rd and Corporate Blvd, across from Algonquin Commons and a new mixed-use development with high-profile tenants.; - Excellent visibility with over 260' of frontage on Randall Rd and high traffic volume (33,900 VPD).; - Located at the epicenter of a 2,000,000 SF retail market serving Algonquin and surrounding suburbs.
    (630) 270-6949
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    2310 S Randall Rd Algonquin, IL 60102
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    Algonquin, IL 60102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2310 S Randall Rd Algonquin, IL 60102
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