Class A Medical Office
For Lease
Contact for pricing
1600 North Randall Road, Hoffman Estates, IL 60123
Four-story medical office building with modern finishes and abundant parking.
Space Size2,132 SF - 20,339 SF
Property Size99,903 SF
Days on Market272
Property Features for 1600 North Randall Road
General Information
Standard status
Active
Size
2,132 SF - 20,339 SF
Property subtype
Office
Building Details
Building Size
99,903 SF
Spaces For Lease
at 1600 North Randall Road Contact us- Size
- 2,132 SF
- Term
- Negotiable
- Rate
- Contact for pricing
Suite 105
- Size
- 2,852 SF
- Term
- Negotiable
- Rate
- Contact for pricing
Suite 205
- Size
- 6,980 SF
- Term
- Negotiable
- Rate
- Contact for pricing
Suite 222
- Size
- 20,339 SF
- Term
- Negotiable
- Rate
- Contact for pricing
Suite 300
- Size
- 5,458 SF
- Term
- Negotiable
- Rate
- Contact for pricing
Suite 405
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Listing Agency:
SPERRY VAN NESS
(312) 676-1862
Listed By:
Olivia Czyzynski · License #475146577
Source:
Svnchicago
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 20 at 5:11AM
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 SPERRY VAN NESS
Investment Insights
Based on property information with market context.
Randall Medical Pavilion is a four-story, 100,000 SF class A medical office building featuring modern finishes and ample parking. The property offers a mix of finished, move-in ready suites, build-to-suit options, and full floor options up to 20,339 RSF. Custom-designed suites are available with generous tenant improvement allowances or turn-key buildouts. The property is owned and managed by RX Health & Science Trust and has an excellent tenant roster including Northwestern Medicine & Derick Dermatology. The building provides a shared tenant conference room at no charge and reserved parking for physicians. Monument signage opportunities are available at Randall & Alft Rd. The property is conveniently located directly on Randall Road, ¼ mile off of I-90, at the signalized intersection of Randall and Alft Roads. Downtown Chicago is located 40 miles to the south-east, and O’Hare International Airport is 29 miles east. Elgin, the 6th largest city in Illinois, features a robust downtown area with new multi-family housing projects, a River Walk along the Fox River, and a growing number of shops, restaurants, and galleries. The Metra Train Station enhances accessibility. The 255-bed Sherman Hospital, rebuilt in 2009, is located directly across from the property (0.4 miles) and has driven additional medical business in the area. There are many restaurants and shopping options in the immediate area, contributing to an excellent daytime population. Additional nearby hospitals include AMITA Health St. Joseph Hospital (2.6 Miles), AMITA Health St. Alexius Hospital (10 Miles), and Northwestern Delnor Hospital (13.5 miles).
Key Highlights
- Class A medical office building with modern finishes and abundant parking.
- Excellent tenant roster including Northwestern Medicine & Derick Dermatology.
- Conveniently located directly on Randall Road, 1/4 mile off of I‑90.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,315
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60123, IL
47,932
Population
18,129
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
14.0 sq mi
ZIP Area
3,424
Density / Sq Mi
$86,762
Median Household Income
$40,288
Median Earnings
$1,226
Median Rent
$242,200
Median Home Value
Market
Lease Benchmarks for Hoffman Estates, IL
$19.94 /SF/Yr
Avg Asking Price
$17.75–$25 /SF/Yr
Price Range
13,647 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Four-story medical office building with modern finishes and abundant parking.
Where is this medical office space located?
The property is located at 1600 North Randall Road Hoffman Estates, IL.
What are key features of this property?
This property features: Class A medical office building with modern finishes and abundant parking.; Excellent tenant roster including Northwestern Medicine & Derick Dermatology.; Conveniently located directly on Randall Road, 1/4 mile off of I‑90.
