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Freestanding Retail Building
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1400 S Randall Rd, Algonquin, IL 60102

Freestanding retail building leased to national credit tenant The Room Place, with right-in/right-out access off Randall Rd.

Property Size52,067 SF
Lot Size7.30 Acres
Days on Market132

Property Features for 1400 S Randall Rd

General Information

Standard status Active
Size 52,067 SF
Lot size 7.30 Acres
Property subtype Retail

Additional Details

Business Included Yes
Listing Agency: Storebuild LLC
Listed By: Ryan Murphy · License #0000
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 5:20AM

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 Storebuild LLC

Investment Insights

Based on property information with market context.

This freestanding retail building is an investment sale/lease opportunity leased to national credit tenant The Room Place (Furniture & Home Goods). The property includes approximately 52,067 SF of building area on about 7.3 acres. Vehicular access is provided via signalization off County Line Rd. and Harnish Drive, along with rare right-in/right-out access off Randall Rd. A representative elevation is referenced, with the final building plan to be approved by the user.

The site is proximate to Algonquin Commons Lifestyle SC, and it is adjacent to a 200K SF Walmart Supercenter, Target, and a 300K SF regional shopping center. Road frontage traffic counts are cited as approximately 46K VPD on County Line Rd., 7K VPD on Harnish Dr., and 26K VPD on Algonquin Rd.

Key Highlights

  • Freestanding retail building on approx. 7.3 AC
  • Leased to national credit tenant, The Room Place (Furniture & Home Goods)
  • Access via signalization off County Line Rd. and Harnish Dr.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Barber Shop Catering 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60102, IL

31,959
Population
12,076
Households
2.6
Avg Household Size
42
Median Age
43%
College-Educated
95%
High-School Grad
15.8 sq mi
ZIP Area
2,023
Density / Sq Mi
$128,070
Median Household Income
$59,484
Median Earnings
$1,826
Median Rent
$320,600
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

  • AA Lake in The Hills Florist 340 randall rd, lake in the hills, il 60156

Frequently Asked Questions

What type of property is this?
Storefront property - Freestanding retail building leased to national credit tenant The Room Place, with right-in/right-out access off Randall Rd.
Where is this storefront property located?
The property is located at 1400 S Randall Rd Algonquin, IL.
What are key features of this property?
This property features: Freestanding retail building on approx. 7.3 AC; Leased to national credit tenant, The Room Place (Furniture & Home Goods); Access via signalization off County Line Rd. and Harnish Dr.
More about this property
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