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Retail Space in Elgin, Illinois
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200 South Randall Road, Elgin, IL 60123

Retail spaces available in Elgin, anchored by Burlington and Hobby Lobby.

Property Size50,971 SF
Days on Market128

Property Features for 200 South Randall Road

General Information

Standard status Active
Size 50,971 SF
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Marcy Wood
Source: Cbre
Added: Mar 25 Changed: Jul 10 Last Checked: Jul 30 at 3:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Chicago

Investment Insights

Based on property information with market context.

Available retail spaces range from 1,125 to 28,101 square feet. The sub-regional retail location is anchored by Burlington and Hobby Lobby, with an adjacent Target and nearby Marcus Theaters, Aldi, and a variety of restaurants. The property benefits from great visibility and ample parking. Located in the established City of Elgin, the market area has over 140,000 residents within a 10-minute drive time, with incomes of almost $126,000. The location benefits from strong roadway traffic counts with an interchange of Lake Street/Hwy 20 and Randall Road. The property size is 50,971 square feet.

Key Highlights

  • High visibility and ample parking.
  • Located in a sub‑regional retail area anchored by Burlington and Hobby Lobby, near Target, Marcus Theaters, Aldi, and restaurants.
  • High population density: Over 140,000 people within a 10‑minute drive.

Property Analytics

Current Use

Compact Power Equipment ... (Bike/Boat/Book/etc) Store Primo Water Exchange Big Box & Wholesale Store Home Services at The Home ... HVAC Service Garden Center at The Home ... Garden Center Pro Desk at The Home ... Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Law Firm Restaurant Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60123, IL

47,932
Population
18,129
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
14.0 sq mi
ZIP Area
3,424
Density / Sq Mi
$86,762
Median Household Income
$40,288
Median Earnings
$1,226
Median Rent
$242,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Otter Creek Shopping Center — Elgin, IL 60124
  • Clocktower of Elgin — 263 Randall Rd, Elgin, IL 60123

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces available in Elgin, anchored by Burlington and Hobby Lobby.
Where is this shopping center located?
The property is located at 200 South Randall Road Elgin, IL.
What are key features of this property?
This property features: High visibility and ample parking.; Located in a sub‑regional retail area anchored by Burlington and Hobby Lobby, near Target, Marcus Theaters, Aldi, and restaurants.; High population density: Over 140,000 people within a 10‑minute drive.
More about this property
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