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Multi-Tenant Retail Center
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1492 S Randall Rd, Algonquin, IL 60102

Retail investment property adjacent to a Walmart Supercenter with three tenants and over seven years of lease term remaining.

Property SizeContact for details
Days on Market145

Property Features for 1492 S Randall Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Alex Sharrin · License #IL 475.170243
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 3:33PM

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 JLL Chicago | Americas Headquarters

Investment Insights

Based on property information with market context.

The offering comprises a fee-simple retail building occupied by Vitamin Shoppe, FedEx Office and Print Services, and Bentley’s Pet Stuff. It functions as an outparcel to a Walmart Supercenter and features modern construction, contractual rent growth, and minimal landlord obligations. Lease terms provide over 7.5 years of weighted average lease term remaining.

Located at 1492 S Randall Rd in Algonquin, Illinois, the property sits at the intersection of South Randall Road and County Line Road within the Chicago MSA. The intersection sees over 43,000 vehicles per day. The tenant roster includes Vitamin Shoppe and FedEx Office, which have historical occupancy, along with a new lease to Bentley’s Pet Stuff.

Key Highlights

  • Fee‑simple retail building with three named tenants
  • Outparcel to a Walmart Supercenter
  • Over 7.5 years of weighted average lease term remaining

Property Analytics

Current Use

Shopping centers

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.

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby
Well-served
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

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Frequently Asked Questions

What type of property is this?
Shopping center - Retail investment property adjacent to a Walmart Supercenter with three tenants and over seven years of lease term remaining.
Where is this shopping center located?
The property is located at 1492 S Randall Rd Algonquin, IL.
What are key features of this property?
This property features: Fee‑simple retail building with three named tenants; Outparcel to a Walmart Supercenter; Over 7.5 years of weighted average lease term remaining
(312) 327-5422 Call to check price and availability
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