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Retail Space in Elgin, Illinois
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200 South Randall Road, Hoffman Estates, IL 60123

Retail spaces available in sub-regional shopping center.

Space SizeContact for details
Property Size50,971 SF
Days on Market261

Property Features for 200 South Randall Road

General Information

Standard status Active
Size 50,971 SF
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Marcy Wood
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:56AM

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 | Chicago

Investment Insights

Based on property information with market context.

Available retail spaces range from 1,125 to 28,101 square feet in a sub-regional retail center. The location is anchored by Burlington and Hobby Lobby, with an adjacent Target and nearby Marcus Theaters, Aldi, and a variety of restaurants. The property benefits from great visibility and ample parking. The surrounding area has a population of over 140,000 people within a 10-minute drive time, with incomes of almost $126,000. The market is located in the established City of Elgin, an outer suburban area. The location benefits from strong roadway traffic counts with an interchange of Lake Street/Hwy 20 and Randall Road.

Key Highlights

  • High visibility and ample parking.
  • Anchored by Burlington and Hobby Lobby, with adjacent Target.
  • Over 140,000 people in a 10‑minute drive time with incomes of almost $126,000.

Property Analytics

Current Use

Compact Power Equipment ... (Bike/Boat/Book/etc) Store Primo Water Exchange Big Box & Wholesale Store Home Services at The Home ... HVAC Service Garden Center at The Home ... Garden Center Pro Desk at The Home ... Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Dental Office Big Box & Wholesale Store Law Firm

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

312
Businesses Nearby
Balanced
Demand for This Use

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

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

  • Otter Creek Shopping Center Elgin, IL 60124
  • Clocktower of Elgin 263 Randall Rd, Elgin, IL 60123

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces available in sub-regional shopping center.
Where is this shopping center located?
The property is located at 200 South Randall Road Hoffman Estates, IL.
What are key features of this property?
This property features: High visibility and ample parking.; Anchored by Burlington and Hobby Lobby, with adjacent Target.; Over 140,000 people in a 10‑minute drive time with incomes of almost $126,000.
More about this property
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