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    420 Randall Rd South Elgin, IL 60177

    For Lease
    Contact for pricing

    Outlot retail space in a high-traffic shopping center.

    Property size:
    1,335 SF
    Lot size:
    3.69 Acres

    Property Features for 420 Randall Rd

    General Information

    Size
    1,335 SF
    Lot size
    3.69 Acres

    Source: CBRE | Chicago Agent Sean McCourt

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

    Overview

    Retail Space on Randall Road

    Outlot space is available in a dynamic regional retail corridor. The location benefits from high visibility on Randall Road, which sees 32,100 vehicles per day. The shopping center is the most visited in South Elgin, with 1.43 million annual visits. The surrounding area has a dense population of 130,060 people within a 5-mile radius and high average household incomes of $149,888. The property offers 1,335 square feet of retail space and is situated within a retail area encompassing over 2.6 million square feet.
    Location Intelligence

    Current Use by Public Records

    Red Robin Gourmet ... Restaurant

    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.

    Similar Places Nearby

    Coinme at Coinstar - Bitcoin Kiosk, South Elgin Commons, South Elgin Crossing, Coinstar Kiosk | Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    South Elgin
    County
    Kane
    State
    Illinois
    Longitude
    -88.341564
    Latitude
    41.9817961

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    FAQs

    What type of property is this?
    Shopping center - Outlot retail space in a high-traffic shopping center.
    Where is this shopping center located?
    The property is located at 420 Randall Rd South Elgin, IL.
    What are key features of this property?
    This property features: - #1 most visited shopping center in South Elgin with 1.43M annual visits.; - High incomes: $149,888 average HH incomes within 5 miles.; - Heavy traffic: **32,100 VPD on Randall Rd.**
    (312) 935-1400
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    420 Randall Rd South Elgin, IL 60177
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    South Elgin, IL 60177
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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
    420 Randall Rd South Elgin, IL 60177
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