2500 North Randall Road Elgin, IL 60123

Building Details

Year Built

2019

Listing agency Premier Commercial Realty Show Phone

Listed by Mike Deacon

Source Commercialcafe

Added: May 14 Updated: Jul 23 at 12:17AM Checked: Jul 23 at 12:17AM

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Investment Insights

Based on property information with market context.

Built in 2019, this 7,896 SF multi-tenant retail center is 100% occupied by four tenants, including Chipotle (with drive-thru) and Verizon, along with Poke West and Tabla Express. The property includes outdoor patios and multiple signage opportunities, and is supported by 95 parking spaces.

Located just off Randall Road in Elgin, the center sits at a signalized intersection along Randall Road, described as a high-traffic corridor, and is just off I-90. The listing notes daily traffic figures of more than 45,000 vehicles per day on Randall Road and approximately 105,000 vehicles per day on I-90, providing convenient access to the broader Chicago area via I-90.

The property is positioned on 1.93 acres and is described as having long-term leases with built-in rent escalations and minimal landlord responsibilities.

Key Highlights

• Built in 2019: 7,896 SF multi‑tenant retail property with four tenants and 100% occupancy
• Tenants include Chipotle (drive‑thru) and Verizon, plus Poke West and Tabla Express
• 1.93‑acre site with 95 parking spaces, outdoor patios, and multiple signage opportunities

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FAQs

What type of property is this?

Strip mall - Built in 2019, this multi-tenant retail center is fully occupied with 95 parking spaces and a drive-thru.

Where is this strip mall located?

The property is located at 2500 North Randall Road Elgin, IL.

What is the asking price?

The asking price for this property is $4,435,000.

What are key features of this property?

This property features: Built in 2019: 7,896 SF multi‑tenant retail property with four tenants and 100% occupancy; Tenants include Chipotle (drive‑thru) and Verizon, plus Poke West and Tabla Express; 1.93‑acre site with 95 parking spaces, outdoor patios, and multiple signage opportunities