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    558-586 Randall Rd S Elgin, IL

    For Lease
    $25 SF/Yr ($5,841 /Mo)

    Endcap restaurant space, newly renovated with bar and open kitchen.

    Property size:
    2,804 SF
    Lot size:
    22.93 Acres

    Property Features for 558-586 Randall Rd S

    General Information

    Size
    2,804 SF
    Lot size
    22.93 Acres

    Source: SVN | Landmark Commercial Real Estate Agent Joel Miller

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

    Overview

    Turn-Key Restaurant Space Available

    This is an endcap turn-key restaurant space that has been newly renovated. The space includes a bar and a 16' hood. It features an open kitchen, a wood-burning BBQ pit, and a walk-in cooler. There is potential to expand the space for up to 5,765 square feet. The property is 2,804 square feet.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Map

    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.2558525
    Latitude
    42.0352856

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    FAQs

    What type of property is this?
    Restaurant - Endcap restaurant space, newly renovated with bar and open kitchen.
    Where is this restaurant located?
    The property is located at 558-586 Randall Rd S Elgin, IL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Turn-key restaurant space, ready for immediate operation.; - Newly renovated with **bar and 16' hood.**; - Includes open kitchen, wood burning BBQ pit, and walk-in cooler.
    (630) 270-6949
    Request Owner's contact information
    558-586 Randall Rd S Elgin, IL
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    Elgin, IL
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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
    558-586 Randall Rd S Elgin, IL
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