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    18N961 Randall Rd Algonquin, IL 60102

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    For Sale
    $775,368

    3.56 acres on Randall Road, high traffic, retail corridor.

    Property size:
    3 SF
    Lot size:
    3.56 Acres

    Property Features for 18N961 Randall Rd

    General Information

    Size
    3 SF
    Lot size
    3.56 Acres

    Source: Jace Murray Agent Jace Murray

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

    Overview

    Algonquin Retail Development Opportunity

    This 3.56-acre commercial land parcel is located on Randall Road in Algonquin, at the southeast corner of Randall Road and Longmeadow Parkway. Situated in a busy retail corridor just south of the Algonquin Commons outdoor lifestyle center, the property benefits from high traffic counts exceeding 32,700 vehicles per day. A new bridge over the Fox River on Longmeadow Parkway is currently under construction, which will connect the east corridor of Longmeadow Parkway to Huntley Road at Randall, increasing traffic flow to this location. An additional 4.5 acres are available for sale immediately south of the parcel, offering the potential to combine the properties for a total of 8 acres. The site is positioned at a signalized intersection and is suitable for various retail developments, including gas stations, convenience stores, and car washes, due to its location and accessibility in Kane County.
    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 - 3.56 acres on Randall Road, high traffic, retail corridor.
    Where is this land located?
    The property is located at 18N961 Randall Rd Algonquin, IL.
    What is the asking price?
    The asking price for this property is $775,368.
    What are key features of this property?
    This property features: - High traffic location: Over 32,700 vehicles per day on Randall Road.; - Strategic location at the southeast corner of Randall Road and Longmeadow Parkway.; - Development opportunity: Suitable for gas station, convenience store, car wash, or other retail development.
    (630) 244-3272
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    18N961 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
    18N961 Randall Rd Algonquin, IL 60102
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