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Neighborhood Retail Center Fronting Randall Road
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2255 Randall Rd, Carpentersville, IL 60110

Neighborhood shopping center with 350 feet of frontage along Randall Road and visibility facing Woodman’s Food Market and Menards.

Property Size33,297 SF
Days on Market140

Property Features for 2255 Randall Rd

General Information

Standard status Active
Size 33,297 SF
Property subtype Retail

Site & Location

Traffic Count 40,000 vehicles/day
Road Access Yes
Listing Agency: CBRE - Oak Brook
Listed By: Adam Foret · License #IL 475160621
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 2:04PM

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 - Oak Brook

Investment Insights

Based on property information with market context.

Milrand Retail Center is a 33,297-square-foot neighborhood shopping center offered for a 100% fee interest. The center is served by an internet-resistant tenant lineup focused on medical, restaurant, and spa service offerings. The property includes three vacant units totaling 12,420 square feet, creating an immediate lease-up opportunity.

The center is located on Randall Road with approximately 350 feet of frontage. It directly faces Woodman’s Food Market and Menards at a signalized intersection, supporting convenient access for local customers.

For investors, the current configuration includes the ability to increase income through leasing the available spaces, while the existing tenant mix remains oriented to everyday neighborhood demand.

Key Highlights

  • 33,297 SF neighborhood shopping center available as a 100% fee interest in Carpentersville, IL
  • 350 feet of frontage along Randall Road with visibility facing Woodman’s Food Market and Menards
  • Signalized intersection access and strong traffic counts on Randall Road at 40,000 VPD

Property Analytics

Current Use

Hair By Veronika ... Hair Salon Ek Studio Hair Salon Beyond the Sea Massage ... Alternative Medicine Practice Bask with TF Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Auto Parts Store Restaurant Building Supply

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

40,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

288
Businesses Nearby
91k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 47% Dining 27% Shops & Services 13% Apparel 12%
Menards Home Improvements & Furnishings
42,522 visits/mo 0.2 miles
Culver's Dining
15,976 visits/mo 0.1 miles
Goodwill Apparel
11,303 visits/mo 0.2 miles
Discount Tire Store Shops & Services
6,042 visits/mo 0.3 miles
Bank of America Shops & Services
5,691 visits/mo 0.1 miles

Demographics for 60110, IL

38,762
Population
12,297
Households
3.2
Avg Household Size
32
Median Age
24%
College-Educated
75%
High-School Grad
8.4 sq mi
ZIP Area
4,615
Density / Sq Mi
$87,714
Median Household Income
$37,892
Median Earnings
$1,421
Median Rent
$224,300
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

  • Praire Meadows Shopping Center 2411 Randall Rd, Carpentersville, IL 60110

Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood shopping center with 350 feet of frontage along Randall Road and visibility facing Woodman’s Food Market and Menards.
Where is this shopping center located?
The property is located at 2255 Randall Rd Carpentersville, IL.
What are key features of this property?
This property features: 33,297 SF neighborhood shopping center available as a 100% fee interest in Carpentersville, IL; 350 feet of frontage along Randall Road with visibility facing Woodman’s Food Market and Menards; Signalized intersection access and strong traffic counts on Randall Road at 40,000 VPD
More about this property
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