500 South Randall Road South Elgin, IL 60177

Listing Agency RE/MAX Horizon b***@remax.net Show Phone

Listed by Ben Henrikson · License #475091643 Show Phone

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Added: Jun 19, 2016 Checked: Jul 17 at 5:45 am

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• Prime 18‑acre land parcel.
• Adjoins the Otter Creek Shopping Center.
• City is open to retail/commercial development on the frontage.

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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.