1591 Randall Rd. Algonquin, IL
Versatile space suitable for restaurant, retail, or healthcare.
- Added:
- May 22, 2026
- Days on Market:
- 52
- Last Refresh:
- May 27 at 8:20 am
Property Features for 1591 Randall Rd.
General Information
- Standard status
- Active
- Size
- 10,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2008
Listing office Realty Metrix Commercial
Listing date May 22, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location at Randall & County Line Rds within a 2,000,000 SF retail node.
- Located across from Algonquin Commons, a 600,000 SF lifestyle center anchored by Trader Joe's, Nordstrom Rack, Dick's Sporting Goods, Barnes & Noble and Fresh Market.
- High traffic counts of 47,000.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $176.4k | $16.80 |
| − Vacancy | −$12.0k | −$1.14 |
| EGI | $164.4k | $15.66 |
| − OpEx | −$41.1k | −$3.91 |
| NOI | $123.3k | $11.74 |