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    261-275 S Randall Rd Elgin, IL

    For Lease
    Contact for pricing

    Retail space with high visibility and monument signage available for lease.

    Property size:
    1,600 SF
    Lot size:
    1.00 Acres

    Property Features for 261-275 S Randall Rd

    General Information

    Size
    1,600 SF
    Lot size
    1.00 Acres

    Source: Caton Commercial Agent Eddie Palacios

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

    Overview

    Retail Space on Randall Road

    This retail space is located on Randall Road and offers high visibility with monument signage. Co-tenants include Subway, T-Mobile, Edible Arrangements, Little Panda, and Tacos Jerez. The property is situated on Randall Road, surrounded by national retailers such as McDonald's, Target, Burlington, Hobby Lobby, Chase Bank, Applebee's, IHOP, and Aldi. The property size is 1600 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.2558525
    Latitude
    42.0352856

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    FAQs

    What type of property is this?
    Strip mall - Retail space with high visibility and monument signage available for lease.
    Where is this strip mall located?
    The property is located at 261-275 S Randall Rd Elgin, IL.
    What are key features of this property?
    This property features: - High visibility on Randall Rd with monument signage.; - Located on Randall Rd surrounded by national retailers like McDonald's and Target.; - Co-tenants include established businesses: Subway and T-Mobile.
    (630) 988-0412
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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
    261-275 S Randall Rd Elgin, IL
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