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500 South Randall Road South Elgin, IL 60177

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For Sale
$2,350,000

18 acres suitable for retail, commercial, and multi-family development.

Type:Land
Lot size:
18.00 Acres
Added:
Jun 4, 2016
Days on Market:
3607
Last Refresh:
Mar 13 at 7:00 pm

Property Features for 500 South Randall Road

General Information

Standard status
Active
Lot size
18.00 Acres
Property subtype
Land

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Listing Contact
Ben Henrikson
Ben Henrikson

Listing agent Ben Henrikson License #475091643

Listing office RE/MAX Horizon

Listing date Jun 4, 2016

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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 RE/MAX Horizon


Overview

Prime Land Near Otter Creek

This 18-acre parcel is located along Randall Road, adjacent to the Otter Creek Shopping Center on its southern side. The property can be accessed from South Street Extension and Randall Road. According to provided information, the city is receptive to retail and commercial development on the frontage of this land, with multi-family apartments potentially suitable for the rear portion. The property is situated within the 301 school district, according to the provided data. The intended use of the property is for commercial and multi-family development.
Location Intelligence

Current Use by Public Records

Jimmy John's Take-out & Catering

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
South Elgin
County
Kane
State
Illinois
Longitude
-88.3415189
Latitude
41.9765584

FAQs

What type of property is this?
Commercial land - 18 acres suitable for retail, commercial, and multi-family development.
Where is this commercial land located?
The property is located at 500 South Randall Road South Elgin, IL.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Prime 18‑acre land parcel.; Adjoins the Otter Creek Shopping Center.; City is open to retail/commercial development on the frontage.
More about this property
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